'Orders received were impacted by selective tendering, more projects in early stages and variation between quarters.

Operating profit is stable,' says Tomas Carlsson, President and CEO of NCC.

Orders received were lower but the reasons vary between the business areas. Selective tendering with a focus on profitability, shifts in the project portfolio toward more projects in early stages and a natural variation between the quarters

Operating profit on a par with prior years. Higher margin for the Group and in three of the five business areas. Sales were lower for the quarter, with this trend led primarily by Building Sweden and Property Development

Cash flow from operating activities was significantly stronger than in the preceding year

The Board of Directors has proposed a dividend of SEK 2.50 per share for 2019, read more on page 13

Ylva Lagesson new Head of business area Industry and plan to improve profitability in the business area announced on November 5

Third quarter 2020

Orders received amounted to SEK 9,026 M (12,769)

Net sales totaled SEK 12,820 M (13,951)

Operating profit was in line with the preceding year and totaled SEK 567 M (568)

Profit after financial items totaled SEK 549 M (536)

Profit after tax was SEK 488 M (459)

Earnings per share after dilution were SEK 4.53 (4.21)

January-September 2020 period

Orders received amounted to SEK 37,215 M (44,340)

Net sales totaled SEK 39,017 M (39,995)

Operating profit increased during the period to SEK 981 M (626)

Profit after financial items totaled SEK 922 M (545)

Profit after tax was SEK 839 M (467)

Earnings per share after dilution were SEK 7.78 (4.17)

Invitation to presentation of the Interim Report for the January - September 2020 period

NCC's President and CEO Tomas Carlsson and Chief Financial Officer Susanne Lithander will present the interim report by webcast with integrated teleconference on November 6 at 9:00 a.m. (CET). The presentation will be held in English.

Contact:

Tel: +46 (0)73 037 08 74

This is the type of information that NCC AB is obligated to disclose pursuant to the EU Market Abuse Regulation. The information was issued for publication through the agency of the contact persons set out above on November 5, 2020 at 6.30 p.m. CET

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of more than SEK 58 billion and 15,500 employees in 2019. The NCC share is listed on NASDAQ Stockholm.

(C) 2020 Electronic News Publishing, source ENP Newswire