Our core is construction

Annual and Sustainability Report 2022

Every generation has a responsibility to maintain and develop its shared social infrastructure in order to create opportunities today and in the future. Construction, maintenance and development projects are initiated by our customers or by NCC. NCC’s purpose is to utilize our expertise and competencies as the basis for taking the customer through the construction process in order to create a positive end result for all stakeholders.

  • 53,285

    Orders received (SEK M)

  • 54,198

    Net sales (SEK M)

  • 1,358

    Operating profit (SEK M)

Financial targets and outcome

  • Earnings per share (SEK)

    Target 2023

    ≥ 16

    SEK

    Outcome 2022

    10

    SEK

  • Corporate net debt

    Net debt excludes pension debt and lease liability.

    Target 2022

    < 2.5

    X EBITDA

    Outcome 2022

    0.8

    X EBITDA

  • Dividend policy

    Percent of earnings to be distributed to shareholders. The Board of Directors has proposed a dividend of SEK 6 per share for 2022.

    Target 2022

    ≈ 60

    %

    Outcome 2022

    55

    %

Sustainability targets and outcome

  • Health and Safety

    • LTIF4

      Work-related accidents resulting in more than four calendar days of absence per million working hours.

      Target 2022

      3.0

      Outcome 2022

      4.1

  • Climate and energy

    • Scopes 1 & 2

      Target: 60-percent reduction in CO₂e (carbon dioxide equivalents, i.e. GHG emissions expressed as the equivalent amount of carbon dioxide) by 2030 (base year 2015), measured as tons of CO₂e /SEK M. Outcome 2022: Emission intensity amounted to 2.5 CO₂e ton/SEK M, corresponding to a reduction of 52 percent compared with 2015.

      Target 2030

      -60

      %

      Outcome 2022

      -52

      %

    • Scope 3

      50-percent reduction in CO₂e by 2030 (base year 2015), from concrete, steel, asphalt and transportation, measured as kilograms of CO₂e/ purchased volume. To date, this metric refers only to ready-mix concrete, steel reinforcement and internally purchased asphalt. Emissions from transportation are not reported for 2022.

      Target 2030

      -50

      %

      • Ready-mix concrete Outcome 2022

        -16

        %

      • Asphalt Outcome 2022

        -31

        %

      • Steel reinforcement Outcome 2022

        -38

        %

      • Transportation

Strategic direction

  • Our purpose

    Our purpose is to take the customer through the construction process in order to create a positive end result for all stakeholders.

  • Our core

    Our core is our ability to manage the complexity of a construction process.

  • Our position

    Proactive construction experts realizing complex projects with our customers.

  • A knowledge-based company

    Build a knowledge-based company and a culture based on shared values and behaviors.

  • IT infrastructure

    Work in a data-informed manner, which requires that NCC invests in IT and digitization.

  • Proactivity

    Be proactive in relation to the customers in order to manage the complexity of the construction process and utilize and develop our expertise and experience.

  • Expertise

    Leverage the Group’s collective expertise in order to develop the construction process.

  • Act with passion to perform

    We challenge ourselves and each other to constantly improve and outperform our targets.

  • Build together

    We work actively to ensure effective collaboration internally, in and between units, and with our customers.

  • Follow through and follow up

    We take data-informed decisions, communicate them clearly and always act on what’s decided.

  • Act with care

    We take responsibility for our actions and use of resources. We mitigate risk and act with integrity to ensure safe, high-quality sustainable operations.

Focus Areas

  • Our purpose

    Our purpose is to take the customer through the construction process in order to create a positive end result for all stakeholders.

  • Our core

    Our core is our ability to manage the complexity of a construction process.

  • Our position

    Proactive construction experts realizing complex projects with our customers.

  • A knowledge-based company

    Build a knowledge-based company and a culture based on shared values and behaviors.

  • IT infrastructure

    Work in a data-informed manner, which requires that NCC invests in IT and digitization.

  • Proactivity

    Be proactive in relation to the customers in order to manage the complexity of the construction process and utilize and develop our expertise and experience.

  • Expertise

    Leverage the Group’s collective expertise in order to develop the construction process.

  • Act with passion to perform

    We challenge ourselves and each other to constantly improve and outperform our targets.

  • Build together

    We work actively to ensure effective collaboration internally, in and between units, and with our customers.

  • Follow through and follow up

    We take data-informed decisions, communicate them clearly and always act on what’s decided.

  • Act with care

    We take responsibility for our actions and use of resources. We mitigate risk and act with integrity to ensure safe, high-quality sustainable operations.

A power station stretching through a river, with forested ground on the sides.
  • Share of sales
  • Share of employees
Two workers looks out from the ongoing construction of Våghuset, Gothenburg, with its wavy wall panels.
  • Share of sales.
  • Share of employees.
A sunset view of the exterior of the new OOPS office building.
  • Share of sales.
  • Share of employees.
Two workers looks out from the ongoing construction of Våghuset, Gothenburg, with its wavy wall panels.
  • Share of sales.
  • Share of employees.
A cyclist moving along a street with newly built houses surrounding it.
  • Share of sales.
  • Share of employees.
Two persons looking at a 3D sketch on a screen, with one of them pointing towards it.

An insight into our business

NCC creates the environments of the future for housing, work and infrastructure. We develop our employees, carry out complex projects and deliver smart sustainable solutions that respond to both large and small challenges.

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Maria Grimberg, Head of Communication. Maria Grimberg, Head of Communication.
Maria Grimberg

Head of Communications and Investor Relations, NCC Group

NCC Media service

Investor Relations