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May 26, 2015 2:12 AM ET

Construction and Engineering

Company Overview of NCC Construction AS

Company Overview

NCC Construction AS operates as a construction and property-developing company in Oslo, Norway. NCC Construction AS operates as a subsidiary of NCC AB.

Innspurten 9

Oslo,  0663

Norway

Founded in 1995

Phone:

47 22 98 68 00

Fax:

47 22 11 45 49

Key Executives for NCC Construction AS

President
Age: 55
Compensation as of Fiscal Year 2014.

NCC Construction AS Key Developments

NCC Construction Norway Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015

NCC Construction Norway announced unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of SEK 1,552 million against SEK 1,498 million a year ago. Operating profit was SEK 29 million against SEK 4 million a year ago.

NCC Construction Norway Wins SEK 295 Million Order to Construct Abels Hus Office Property in Trondheim, Norway

NCC announced that NCC Construction Norway has been commissioned to construct the Abels Hus office property in Trondheim, Norway, for KLP Eiendom. This order, valued at SEK 295 million, will be registered by the company during the first quarter of 2015 in the NCC Construction Norway business area. The Abels Hus project represents the fourth of five phases in the expansion of Trondheim's technology village. Abels Hus will be a flexible office property with a high environmental standard. The property will be environmentally classified as Excellent according to Breeam-NOR, with a Class A energy label. Development of the project has been in progress for six months, in which construction companies, architects, advisors and subcontractors, together with NCC, have cooperated in NCC Project Studio. This cooperation enabled an increase in the number of office workplaces, a reduction in construction costs and the implementation of additional environmental and energy-efficient solutions. Also, Abels Hus will be fitted with a roof of sedum (stonecrop), which will absorb dust and air pollution, as well as reduce drainage to the sewage network. Sedum will also have a positive impact on the biological diversity. The Abels Hus project encompasses a gross area of 19,000 square metres, and comprises six floors as well as a basement for parking and storage. The office premises will have a flexible layout, with space for up to 800 workplaces. This project is scheduled for completion in March 2017.

NCC Construction Norway Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

NCC Construction Norway reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales of SEK 1,659 million against SEK 1,671 million reported last year. Operating profit was SEK 75 million against SEK 28 million reported last year. For the nine months, the company reported net sales of SEK 4,744 million against SEK 5,155 million reported last year. Operating profit was SEK 102 million against operating loss of SEK 74 million reported last year.

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