NCC (STO:NCC B) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr14.3b (up 1.8% from 3Q 2023).
- Net income: kr472.0m (down 24% from 3Q 2023).
- Profit margin: 3.3% (down from 4.4% in 3Q 2023).
- EPS: kr4.83 (down from kr6.36 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NCC Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Construction industry in Sweden.
Performance of the Swedish Construction industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for NCC (1 is a bit concerning!) that we have uncovered.
Valuation is complex, but we're here to simplify it.
Discover if NCC might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OM:NCC B
NCC
Operates as a construction company in Sweden, Norway, Denmark, and Finland.
Adequate balance sheet slight.
