Declared Dividend • May 20
Dividend of kr4.50 announced Shareholders will receive a dividend of kr4.50. Ex-date: 4th November 2026 Payment date: 10th November 2026 Dividend yield will be 5.7%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 9x earnings) nor is it adequately covered by cash flows (95% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 963% to bring the payout ratio under control. EPS is expected to grow by 223% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Recent Insider Transactions • May 20
President & CEO recently bought kr8.9m worth of stock On the 13th of May, Tomas Carlsson bought around 46k shares on-market at roughly kr193 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tomas has been a buyer over the last 12 months, purchasing a net total of kr21m worth in shares. Announcement • May 07
NCC AB (publ) Approves Board and Committee Appointments NCC AB (publ) at the Annual General Meeting (AGM), the shareholders held on May 5, 2026 Niklas Persson was elected as a new member. Nomination Committee: Trond Stabekk (CFO, OBOS), Mats Hellström (Governance Adviser, Nordea Fonder) and Oskar Börjesson (Senior ESG Analyst, Livförsäkringsbolaget Skandia, ömsesidigt) were appointed as members of the Nomination Committee for the period up to the close of the next AGM, with Trond Stabekk as Chair. Announcement • Apr 29
NCC AB (publ) to Report Q4, 2026 Results on Feb 03, 2027 NCC AB (publ) announced that they will report Q4, 2026 results on Feb 03, 2027 Announcement • Mar 05
NCC AB (publ) to Report Q3, 2026 Results on Nov 03, 2026 NCC AB (publ) announced that they will report Q3, 2026 results on Nov 03, 2026 Announcement • Feb 26
NCC AB (Publ) Announces Simon De Château Declines Re-Election as Board of Directors NCC AB (publ) announced Simon de Château has declined re-election as Board of Directors. Announcement • Jan 27
NCC Announces Executive Changes NCC has appointed Tomas Brannemo as the new Head of the NCC Infrastructure business area. He will take office on March 2, 2026 and will become a member of NCC's Senior Management Team. Tomas will succeed Kenneth Nilsson, who will retire in due course. Tomas Brannemo, born in 1971, has a proven long track record from serving in senior management roles at international companies, including Johnson Controls, Xylem, Volvo Construction Equipment and ABB. Tomas has led large organizations with extensive project activities in global companies. He holds an M.Sc. in Electrical Engineering from KTH Royal Institute of Technology and an MBA from Uppsala University. Tomas is currently Senior Advisor for McKinsey. When Tomas Brannemo takes office, the current head of the business area Kenneth Nilsson will continue to manage specific projects within NCC for a period of time. Announcement • Jan 22
NCC AB (Publ) Provides Earnings Guidance for the Fourth Quarter of 2025 NCC AB (publ) provided earnings guidance for the fourth quarter of 2025. For the quarter, the company net sales are expected to amount to SEK 15,929 million, and operating profit (EBIT) to SEK 692 million, excluding items affecting comparability. Announcement • Dec 02
NCC Announces Chief Financial Officer changes NCC has appointed Katarina Wilson as new Chief Financial Officer (CFO). She will succeed Susanne Lithander, who will retire. Katarina will take over the role on June 1, 2026 at the latest and will join NCC's Senior Management Team. Katarina Wilson, born 1971, is currently Deputy CEO and COO of AcadeMedia, where she previously held the roles of CFO and Head of Group Finance and Business Control. Prior to this, she served in such roles as Director of Group business control at Husqvarna, as well as various controller and finance roles at Johnson & Johnson and Electrolux. Katarina holds an MSc in Materials Science from the Royal Institute of Technology and an MBA from Warwick Business School. Susanne Lithander will hold the CFO role until NCC publishes the interim report for the second quarter of 2026, and will thereafter continue to be responsible for development and IT. Announcement • Oct 23
NCC AB (publ) to Report Q2, 2026 Results on Jul 17, 2026 NCC AB (publ) announced that they will report Q2, 2026 results on Jul 17, 2026 Announcement • Sep 06
CRH and Heidelberg Materials Reportedly Among Suitors for A Business Being Sold by NCC CRH plc (NYSE:CRH) and Heidelberg Materials AG (XTRA:HEI) are among suitors for a business being sold by NCC AB (publ) (OM:NCC B), according to people familiar with the matter. NCC's industry business which makes aggregates, asphalt and asphalt paving has also attracted interest from Bouygues's Colas unit as well as several private equity firms, the people said. NCC announced a strategic review of the business in February and hired SEB Corporate Finance to advise on a potential divestment, which is now heading into the next round of bidding. The unit, which accounts for about 20% of NCC's sales, could fetch as much as $1 billion (EUR 850 million) in a transaction, some of the people said, asking not to be identified because talks are private. Deliberations are ongoing and the suitors could decide against proceeding with their bids, the people said. NCC could also opt to keep the business for longer, they added. A representative for NCC said the company is still hoping to reach a conclusion of the strategic review before the end of the year, declining to comment on the bidders. Representatives for CRH, Colas and Heidelberg Materials also declined to comment. Announcement • May 08
Ncc AB (Publ) Approves Dividend for the Fiscal Year 2024, Payable on May 14, 2025 and November 12, 2025 NCC AB (publ) announced that at the AGM held on May 7, 2025, approved the dividend of SEK 9.00 per share, be paid for the 2024 fiscal year divided between two payment occasions, with the extra dividend being included in the first payment occasion. May 9, 2025 is the record date for the first payment of SEK 6.50 and November 7, 2025 for the second payment of SEK 4.50 per share. Payment is expected to be made on May 14, 2025 and November 12, 2025, respectively. Announcement • Feb 11
NCC AB (publ), Annual General Meeting, May 07, 2025 NCC AB (publ), Annual General Meeting, May 07, 2025. Location: on the premises of at six in stockholm, Sweden Announcement • May 15
NCC AB (publ) Announces Executive Changes NCC AB (publ) has appointed Andreas Koch as new Head of Communications and member of the Senior Management Team. He joins NCC from a similar position at the Nordic care services company Attendo and will take up his new duties not later than in November 2024. Over the past 20 years, Andreas Koch has held various senior positions in the field of communication. He is currently Head of Communications and IR at Attendo. Previous experience includes Head of Communications at the investment bank Carnegie and Head of Investor Relations at the steel manufacturer SSAB and the consumer products company Essity. Andreas Koch will replace Maria Grimberg who has, as previously announced, decided to leave NCC for other assignments. Announcement • Mar 07
Maria Grimberg, Head of Communications, Decides to Leave NCC AB (publ) Maria Grimberg, Head of Communications, has decided to leave NCC for other opportunities. She has been in the role since March 2019. Maria Grimberg will leave NCC after the summer. A recruitment process has been initiated. Announcement • Jan 30
Ncc AB (Publ) Proposes A Dividend for 2023 The Board of NCC AB (publ) proposed a dividend of SEK 8 per share for 2023, and this is driven by a couple of developments. Board Change • Dec 22
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Simon de Château was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 09
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Simon de Château was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 06
NCC Group AB (publ) Appoints Two New Heads of Business Areas NCC has appointed new leaders for two business areas. Niklas Sparw will become new Head of NCC Building Sweden. He is currently division manager within NCC. Helena Hed will become Head of the new business area NCC Green Industry Transformation. She is currently CEO of the listed consulting group Projektengagemang. Both will join NCC's Senior Management Team. Niklas Sparw has worked at NCC for more than 25 years, including as head of NCC Engineering and Sustainability, and is currently Head of division within NCC Building Sweden. He has a master's degree in civil engineering from Chalmers University of Technology. He assumes his new role on 1 February 2024, succeeding Henrik Landelius who, as previously announced, will leave NCC for a role outside the company. Since 2020, Helena Hed has been president and CEO of the consulting group Projektengagemang. She has previously worked for 19 years within Sweco, including as CEO of Sweco Management and as regional manager for Sweco Rail and Sweco Environment. She has a master's degree in civil engineering from Luleå University of Technology. She will assume her new role at NCC no later than in June 2024. Announcement • Nov 01
NCC AB (publ) to Report Q3, 2024 Results on Oct 25, 2024 NCC AB (publ) announced that they will report Q3, 2024 results on Oct 25, 2024 Announcement • Oct 31
NCC AB (publ), Annual General Meeting, Apr 09, 2024 NCC AB (publ), Annual General Meeting, Apr 09, 2024. Announcement • Sep 25
NCC Announces Resignation of Henrik Landelius as Head of Business Area Building Sweden NCC announced Henrik Landelius, Head of business area Building Sweden, has decided to leave the company for another position. He has been Head of the business area since 2018. Henrik Landelius will remain in his position during his notice period. He will leave NCC no later than in March 2024, and will at that time resume a position as CEO of Areim AB, an independent Nordic fund manager and property owner. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to kr114, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Construction industry in the United Kingdom. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr138 per share. Board Change • Aug 03
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Simon de Château was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 27
REMONDIS Sweden AB agreed to acquire Bergnaset Stallningsmontage Ab from NCC AB (publ) (OM:NCC B). REMONDIS Sweden AB agreed to acquire Bergnaset Stallningsmontage Ab from NCC AB (publ) (OM:NCC B) on June 26, 2023. Closing is expected in the third quarter of 2023. The completion of the transaction is subject to approval from the competition authorities. Board Change • Jun 02
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Simon de Château was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 10
President & CEO recently bought kr562k worth of stock On the 3rd of May, Tomas Carlsson bought around 6k shares on-market at roughly kr100 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Tomas' only on-market trade for the last 12 months. Board Change • May 10
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Simon de Château was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Simon de Château was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 27
Upcoming dividend of kr3.00 per share at 6.9% yield Eligible shareholders must have bought the stock before 03 April 2023. Payment date: 11 April 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.8%). Reported Earnings • Mar 14
Full year 2022 earnings released: EPS: kr10.29 (vs kr14.02 in FY 2021) Full year 2022 results: EPS: kr10.29 (down from kr14.02 in FY 2021). Revenue: kr54.2b (up 1.5% from FY 2021). Net income: kr1.07b (down 29% from FY 2021). Profit margin: 2.0% (down from 2.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Construction industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 01
NCC AB (publ) Proposes Dividend for the Fiscal Year 2022, Payable on April 4, 2023 and November 6, 2023 NCC AB (publ)'s board of directors has proposed a dividend of SEK 6.00 (SEK 6.00) per share for the 2022 fiscal year to be paid on two occasions. This corresponds to 55% of after-tax profit for the year. The proposed record date for the first payment of SEK 3.00 per share is April 4, 2023, with payment occurring on April 11, 2023. For the second payment of SEK 3.00 per share, November 6, 2023, is the proposed record date with payment occurring on November 9, 2023. Reported Earnings • Feb 01
Full year 2022 earnings released: EPS: kr10.29 (vs kr14.02 in FY 2021) Full year 2022 results: EPS: kr10.29 (down from kr14.02 in FY 2021). Revenue: kr54.2b (up 1.5% from FY 2021). Net income: kr1.07b (down 29% from FY 2021). Profit margin: 2.0% (down from 2.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.0% p.a. on average during the next 2 years, while revenues in the Construction industry in the United Kingdom are expected to grow by 4.0%. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Nov 02
NCC AB (publ) to Report Nine Months, 2023 Results on Oct 31, 2023 NCC AB (publ) announced that they will report nine months, 2023 results on Oct 31, 2023 Announcement • Jul 19
NCC AB (publ) to Report Q2, 2023 Results on Jul 18, 2023 NCC AB (publ) announced that they will report Q2, 2023 results on Jul 18, 2023 Recent Insider Transactions • May 11
President & CEO recently bought kr732k worth of stock On the 2nd of May, Tomas Carlsson bought around 6k shares on-market at roughly kr124 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr3.7m. Tomas has been a buyer over the last 12 months, purchasing a net total of kr4.8m worth in shares. Recent Insider Transactions • Mar 23
President & CEO recently bought kr2.0m worth of stock On the 18th of March, Tomas Carlsson bought around 15k shares on-market at roughly kr134 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr2.9m. Tomas has been a buyer over the last 12 months, purchasing a net total of kr4.0m worth in shares. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr14.02 (up from kr11.68 in FY 2020). Revenue: kr53.4b (flat on FY 2020). Net income: kr1.51b (up 20% from FY 2020). Profit margin: 2.8% (up from 2.3% in FY 2020). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to stay flat compared to a 7.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 09
President & CEO recently bought kr1.1m worth of stock On the 7th of February, Tomas Carlsson bought around 8k shares on-market at roughly kr142 per share. This was the largest purchase by an insider in the last 3 months. Tomas has been a buyer over the last 12 months, purchasing a net total of kr2.0m worth in shares. Reported Earnings • Feb 04
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr14.02 (up from kr11.68 in FY 2020). Revenue: kr53.4b (flat on FY 2020). Net income: kr1.51b (up 20% from FY 2020). Profit margin: 2.8% (up from 2.3% in FY 2020). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to stay flat compared to a 3.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 06
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr14.5b (up 13% from 3Q 2020). Net income: kr706.0m (up 45% from 3Q 2020). Profit margin: 4.9% (up from 3.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 01
Upcoming dividend of kr2.50 per share Eligible shareholders must have bought the stock before 08 November 2021. Payment date: 12 November 2021. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (2.2%). Reported Earnings • Jul 22
Second quarter 2021 earnings released: EPS kr3.61 (vs kr4.04 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: kr12.7b (down 12% from 2Q 2020). Net income: kr388.0m (down 11% from 2Q 2020). Profit margin: 3.0% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 23
President & CEO recently bought kr955k worth of stock On the 15th of June, Tomas Carlsson bought around 6k shares on-market at roughly kr154 per share. This was the largest purchase by an insider in the last 3 months. Tomas has been a buyer over the last 12 months, purchasing a net total of kr4.6m worth in shares. Recent Insider Transactions • Jun 18
President & CEO recently bought kr955k worth of stock On the 15th of June, Tomas Carlsson bought around 6k shares on-market at roughly kr154 per share. This was the largest purchase by an insider in the last 3 months. Tomas has been a buyer over the last 12 months, purchasing a net total of kr4.6m worth in shares. Reported Earnings • May 01
First quarter 2021 earnings released: kr1.15 loss per share (vs kr0.78 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: kr10.1b (down 14% from 1Q 2020). Net loss: kr124.0m (loss widened 48% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 24
Upcoming dividend of kr2.50 per share Eligible shareholders must have bought the stock before 31 March 2021. Payment date: 08 April 2021. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (4.4%). Higher than average of industry peers (2.5%). Reported Earnings • Mar 10
Full year 2020 earnings released: EPS kr11.68 (vs kr8.08 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr53.9b (down 7.4% from FY 2019). Net income: kr1.26b (up 44% from FY 2019). Profit margin: 2.3% (up from 1.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Mar 10
Revenue misses expectations Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to stay flat compared to a 127% growth forecast for the Construction industry in the United Kingdom. Recent Insider Transactions • Feb 11
Independent Chairman of the Board recently bought kr844k worth of stock On the 9th of February, Alf Göransson bought around 6k shares on-market at roughly kr141 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr2.0m. This was Alf's only on-market trade for the last 12 months. Reported Earnings • Feb 03
Full year 2020 earnings released: EPS kr11.68 (vs kr8.08 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr53.9b (down 7.4% from FY 2019). Net income: kr1.26b (up 44% from FY 2019). Profit margin: 2.3% (up from 1.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 03
New 90-day low: kr140 The company is down 7.0% from its price of kr151 on 04 November 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr232 per share. Recent Insider Transactions • Feb 03
President & CEO recently bought kr709k worth of stock On the 28th of January, Tomas Carlsson bought around 5k shares on-market at roughly kr142 per share. In the last 3 months, they made an even bigger purchase worth kr2.0m. Tomas has been a buyer over the last 12 months, purchasing a net total of kr5.0m worth in shares. Analyst Estimate Surprise Post Earnings • Feb 03
Revenue misses expectations Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to stay flat compared to a 37% growth forecast for the Construction industry in the United Kingdom. Recent Insider Transactions • Jan 30
President & CEO recently bought kr709k worth of stock On the 28th of January, Tomas Carlsson bought around 5k shares on-market at roughly kr142 per share. In the last 3 months, they made an even bigger purchase worth kr2.0m. Tomas has been a buyer over the last 12 months, purchasing a net total of kr5.0m worth in shares. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS kr11.69 (vs kr8.08 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr53.9b (down 7.4% from FY 2019). Net income: kr1.26b (up 44% from FY 2019). Profit margin: 2.3% (up from 1.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to stay flat compared to a 36% growth forecast for the Construction industry in the United Kingdom. Announcement • Nov 06
Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Nordic Road Services AB and Nordic Road Services Oy from NCC AB (publ) (OM:NCC B). Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Nordic Road Services AB and Nordic Road Services Oy from NCC AB (publ) (OM:NCC B) on July 15, 2020. For year ended December 31, 2019, both company reported revenue of €125 million. Transaction is subject to approval of Swedish Competition Authority. Transaction is expected to close in Third quarter of 2020. Mutares SE & Co. KGaA reconfirms strong growth outlook for 2020 and delivers on promises and set strategy. Transaction will have marginal negative effect on NCC AB (publ) earning and marginal positive effect on the cash flow in third quarter. Nordhaven Corporate Finance, Niklas Lönnberg, Ari Leppänen of Clairfield International acted as financial advisors while Harri Tolppanen of Eversheds Sutherland Finland acted as legal advisor to Mutares SE & Co. KGaA (XTRA:MUX).
Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Nordic Road Services AB and Nordic Road Services Oy from NCC AB (publ) (OM:NCC B) on November 4, 2020. Announcement • Sep 23
NCC AB (publ) to Report Q3, 2020 Results on Nov 06, 2020 NCC AB (publ) announced that they will report Q3, 2020 results on Nov 06, 2020 Announcement • Jul 17
Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Nordic Road Services AB and Nordic Road Services Oy from NCC AB (publ) (OM:NCC B Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Nordic Road Services AB and Nordic Road Services Oy from NCC AB (publ) (OM:NCC B) on July 15, 2020. For year ended December 31, 2019, both company reported revenue of €125 million. Transaction is subject to approval of Swedish Competition Authority. Transaction is expected to close in Third quarter of 2020. Mutares SE & Co. KGaA reconfirms strong growth outlook for 2020 and delivers on promises and set strategy. Transaction will have marginal negative effect on NCC AB (publ) earning and marginal positive effect on the cash flow in third quarter. 
