NCC AB (LTS:0OFP)
kr 161.75 -2.85 (-1.73%) Market Cap: 15.79 Bil Enterprise Value: 21.22 Bil PE Ratio: 13.10 PB Ratio: 2.23 GF Score: 69/100

Q2 2022 Ncc AB Earnings Call Transcript

Jul 19, 2022 / 07:00AM GMT
Release Date Price: kr101.05 (-8.68%)
Tomas Carlsson;publ;President;CEO
NCC AB

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Good morning, and welcome to this presentation of the second quarter earnings for NCC during 2022. My name is Tomas Carlsson. I'm the CEO. And with me here, I also have Susanne Lithander, our CFO. And just before we start, the slide that you're looking at right now has a drone picture of 1 of our projects. It's Kronløbsøen in the former Free Harbor of Copenhagen. And what's special about this is that we will produce a man-made island in the former bay in the Free Harbor, with 4 story underwater parking garage and a large residential block in a very typical Danish modern design. This is a really good project that we have and also a clear demonstration of what complexity in the construction process means for us.

With that we move on to the summary of the quarter. And the way to think about the quarter is like this. We have some growth in the contracting and the Industry business areas. We have a strong order backlog. We have orders received on rather normal level. Earnings in contracting on par with

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