March 05, 2015 3:15 AM ET

Construction Materials

Company Overview of NCC Roads A/S

Company Overview

NCC Roads A/S manufactures and supplies aggregates and asphalt. It provides paving and road service. The company was incorporated in 2002 and is based in Vejen, Denmark. NCC Roads A/S operates as a subsidiary of NCC AB.

Fuglesangsalle 16

Vejen,  6600

Denmark

Founded in 2002

Phone:

45 79 96 23 23

Fax:

45 79 96 23 24

Key Executives for NCC Roads A/S

NCC Roads A/S does not have any Key Executives recorded.

NCC Roads A/S Key Developments

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

NCC Roads reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales of SEK 4,044 million against SEK 4,242 million reported last year. The volume of aggregates and asphalt sold was lower than in the year-earlier period, which was partly offset by a better product mix and higher average prices for aggregates. The lower volume was due in part to higher sales to infrastructure projects in Sweden and Denmark in 2013. Earnings were SEK 407 million against SEK 538 million reported last year. Earnings this year have been impacted by lower volumes of asphalt and aggregates, while production costs for aggregates were higher. The road services operations reported a loss for the quarter due to a number of problem projects in Norway and Finland. Changed principles for the distribution of indirect costs for the year had a negative impact on earnings for the quarter but no impact on full- year earnings. For the nine months, the company reported net sales of SEK 8,533 million against SEK 8,583 million reported last year. The mild winter resulted in higher sales volumes of aggregates and asphalt during the first quarter, but net sales declined during the third quarter, due to lower deliveries to infrastructure projects in Sweden and Denmark. Operating profit was SEK 273 million against SEK 300 million reported last year. Earnings for the period were somewhat lower than in the year-earlier period, due to the trend in the third quarter. The positive start to the year, with higher volumes of asphalt and aggregates sold at good margins, was offset by lower volumes and weaker margins, due to such factors as higher production costs for aggregates during the third quarter. Earnings in road services were negative.

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

NCC Roads 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 3,271 million against SEK 3,185 million a year ago. Operating profit was SEK 255 million against SEK 230 million a year ago. The increase was due to higher earnings from the asphalt operations and improved earnings from road services. For the six months, the company reported net sales of SEK 4,489 million against SEK 4,341 million a year ago. Operating loss was SEK 134 million against SEK 238 million a year ago.

NCC Roads Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

NCC Roads reported earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net sales of SEK 4,242 million against SEK 4,056 million reported last year. Operating profit was SEK 538 million against SEK 442 million reported last year. For the nine months, the company reported net sales of SEK 8,583 million against SEK 8,858 million reported last year. Operating profit was SEK 300 million against SEK 297 million reported last year. Earnings in the period declined on a par with the year-earlier period, primarily due to the strong recovery in the asphalt operations during the third quarter, which offset the weak trend in the first quarter.

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