Tomas Carlsson
President & CEO
Welcome, everybody, and good morning, and welcome to this third quarter earnings call for the NCC Group. And I’m Tomas Carlsson, the CEO. And with me here, I have our CFO, Susanne Lithander.
And I will start this presentation by summarizing the quarter like this. We have a very strong EBIT growth in the quarter, 15% plus compared to last year, driven by 2 things: all-time high profit in industry. We are really happy about that, SEK 461 million in profit for industry, but also solid development in the contracting business with EBIT margin about 3% at this quarter.
So current earnings in very good shape. And we’re also really happy about the large number of early involvement projects that we have and that we have won during the quarter, and I will get into more details about that. But currently, we have approximately 40 projects above SEK 500 million — estimated volume of about SEK 500 million. So overall, a good quarter now, but also a positive outlook through our early involvement projects.
Earnings quarter-on-quarter developing like this: SEK 767 million in the quarter comparing to the same quarter last year. It’s a clear improvement. And then it’s also important to remember that we had a small profit from property development in the third quarter 2024. And this year, we have a small loss mainly driven by the exit from the Norwegian property development market. So growing earnings.
Orders received stable, but what’s more
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