NCC’s operating profit for the third quarter is estimated to amount to 503 million (720).
Analysts had on average expected 708 million, according to the compilation of the SME Directly in the beginning of August. In the SME Direkt updating low consensus on Friday on the 721 million.
NCC’s net sales will amount to 13.6 billion kronor (13,3). This low snittprognosen on Friday of 13.3 billion, according to SME direkt.
Byggbolagets order intake for the third quarter amounts preliminary to sek 12.6 billion (up 10.1). SME-the figure here was 9,7 billion.
Lack of project control is located behind the write-downs in Norway, writes the NCC, which in this context stresses that projects predominantly relates to projects which are completed and delivered.
“I can confirm that our turnaround in Norway is taking longer than expected, but now that we have the right organization and processes in place. We have also added resources in order to improve the control of the project in Norway. In addition, there is a review of the group’s operating expenses,” says NCC’s ceo, according to the press release.
“On the positive side in the quarter are in manufacturing and good market prospects. NCC orders received increased in the third quarter by 25 per cent compared with the previous year,” he says.
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