)
Visual
test
NCC
NCC (NCC) investor relations material
NCC Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Feb, 2026
Executive summary
Strong underlying profitability and robust cash flow in Q4 and full year, with record profits in Industry and Building Nordics, despite a SEK 1.4 billion non-cash impairment charge related to property values and tax assets.
Operating profit before items affecting comparability was SEK 692 million in Q4; after impairment, Q4 saw a loss of SEK -479 million.
Board proposes a dividend of SEK 9 plus an extra SEK 2, distributed in two tranches.
Industry segment to become a standalone company within the group following a strategic review.
New senior management appointments: new Head of Infrastructure and new CFO joining in 2025.
Financial highlights
Q4 operating profit before items affecting comparability was SEK 692 million; after impairment, EBIT was -SEK 479 million.
Cash flow from operating activities in Q4 was SEK 1,978 million, with cash conversion above 100%.
Net debt at year-end was SEK -1,165 million, with net debt/EBITDA at 0.27.
EPS before items affecting comparability was SEK 13.89 for the year; after items, EPS was negative.
Book-to-bill ratio at 1.45 (underlying 1.55), indicating strong order intake.
Outlook and guidance
Positive market outlook, with strong demand in infrastructure, industrial, and public buildings; commercial and residential property markets remain subdued.
Early involvement projects in the order backlog expected to convert into future orders, supporting growth.
Construction and civil engineering operations show positive trends, with good prospects for both organic and acquisition-driven growth.
Dividend policy targets payout of approximately 60% of profit after tax.
Industry's value drivers post-strategic review?
Property Development divestment strategy?
Korsvägen dispute: expected financial outcome?
Reason for Property Development impairment
Rationale for Industry becoming standalone unit
Explain dividend payout vs EPS target miss
What financial impact from Industry's independence?
Capital allocation priorities given low net debt?
Is current asphalt business profitability sustainable?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%.
Next NCC earnings date
Q1 202629 Apr, 2026
NCC
Next NCC earnings date
Q1 202629 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
NCC Limited engages in construction of dams, tunnels, roads, hydreo electric projects, ports and harbours, airports and runways, industrial buildings and factories, power plants, urban infrastructure and housing, and networks for water supply and transportation of natural gas. It also undertakes infrastructure projects related to oil refineries. NCC is an EPC contractor for industrial infrastructure projects that involve design, procurement, insurance for contracts executed overseas.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage