NCC Exceeds Expectations

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NCC Exceeds Expectations
Photo: Anders Wiklund/TT

The construction company NCC reports a profit before tax of 612 million kronor for the third quarter of the year. This can be compared to 771 million during the third quarter last year.

The result was, however, better than expected. The average forecast among analysts was 569 million kronor, according to a compilation made by Bloomberg.

The order intake for the quarter rose to 13.2 billion, compared to 9.7 billion a year earlier. Net sales increased to 14.3 billion, from 14.0 billion a year earlier.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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