March 03, 2015 11:52 PM ET

Construction and Engineering

Company Overview of NCC Construction Sweden AB

Company Overview

NCC Construction Sweden AB provides construction services. It builds schools, hospitals, sports facilities, houses, roads, bridges, railways, and power plants. The company also builds tenant-owned apartments in Stockholm. In addition, it produces asphalt products, stone materials, and aggregates; provides paving work and road services; and engages in the property development. The company is based in Solna, Sweden. It has operations in Stockholm, Gothenburg, and Malmö, Sweden; and St. Petersburg, the Russian Federation. NCC Construction Sweden AB operates as a subsidiary of NCC AB.

Vallgatan 3

Solna,  17080

Sweden

Phone:

46 8 58 55 10 00

Fax:

46 86 24 05 19

Key Executives for NCC Construction Sweden AB

Chief Executive Officer and President
Age: 50
Regional Manager of NCC's Residential Construction Operations
Age: 43
President of NCC Housing Business Area
Age: 50
Acting Senior Vice President of Corporate Communications - NCC Group
Compensation as of Fiscal Year 2014.

NCC Construction Sweden AB Key Developments

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

NCC Construction Sweden AB reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales of SEK 4,854 million against SEK 4,947 million reported last year. Operating profit was SEK 182 million against SEK 192 million reported last year. For the nine months, the company reported net sales of SEK 14,194 million against SEK 15,198 million reported last year. Operating profit was SEK 377 million against SEK 395 million reported last year.

NCC Construction Sweden Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

NCC Construction Sweden announced unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of SEK 5,145 million against SEK 5,592 million a year ago. Operating profit was SEK 146 million against SEK 145 million a year ago. For the six months, the company reported net sales of SEK 9,340 million against SEK 10,251 million a year ago. Operating profit was SEK 195 million against SEK 202 million a year ago.

NCC Construction Sweden to Build Housing for HSB

NCC has been commissioned by HSB to build 92 apartments at the Finnbodavarvet area of Nacka. The order is worth SEK 275 million. The project comprises a total of 92 apartments of sizes ranging from 60 to 106 square meters. The apartments will be built overlooking the water on newly constructed piers in the former industrial and shipyard area of Finnboda Hamn in Nacka, south of Stockholm. Partnering is a cooperative format whereby the key participants in a project jointly resolve issues arising in an assignment by means of an open dialog focusing on the best interests of the project. Piling work in the water will commence in October. Subsequently, two piers will be molded, which will form the foundation of the apartment buildings. Occupancy is scheduled for autumn 2016. The order will be registered during the second quarter of 2014 in the NCC Construction Sweden business area.

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