Earnings Alerts

NCC AB (NCCB) Earnings: 2Q Net Sales Fall Short of Estimates Despite Strong Operating Profit

  • NCC’s net sales for the second quarter were SEK 14.54 billion, which was below the estimated SEK 15.52 billion.
  • The company reported an operating profit of SEK 649 million, surpassing the expected SEK 640.3 million.
  • Pretax profit was SEK 603 million, falling short of the projected SEK 615.9 million.
  • Orders during the quarter totaled SEK 13.39 billion.
  • Net income was SEK 467 million, missing the forecasted SEK 501.6 million.
  • Analyst ratings include 3 buys, 4 holds, and 0 sells.

A look at NCC AB Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, NCC AB demonstrates a solid overall outlook. With a strong Dividend score of 5, the company is likely to provide consistent and attractive returns to its shareholders over the long term. Additionally, NCC AB‘s Resilience score of 3 indicates a reliable and stable performance even in challenging market conditions.

While NCC AB scores moderately in Value, Growth, and Momentum with scores of 3 in each category, the company still shows potential for gradual expansion and sustainable development. Overall, NCC AB, a construction company primarily active in northern Europe, appears to be well-positioned for steady growth and income generation moving forward.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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