Annual report 2019

On the
right track

The year in brief

Orders received (SEK M)

Pipelines (km)

In 2019, NCC renewed nearly 100 kilometers of water and sewage lines in the Nordic region. 

Accident frequency 

Safety is a high priority area at NCC, and our vision is zero accidents. In 2019, the accident frequency rate for NCC as a whole declined and all business areas made positive progress.

Cash flow from operating activities
(SEK M)

Operating profit (SEK M)

 

Paved roads (km)

 

SMART LEARNING 
ENVIRONMENTS

In 2019, NCC had more than 70 school projects in progress. One of them was the Brogårdaskolan School in Bjuv, southern Sweden, an innovative place of learning that puts educational needs at the forefront.

Skyline of Gårda, Göteborg

Review by the president

The work NCC does is visible every day and tangible to everyone. We interact with many different stakeholders in society.

Tomas Carlsson
President and CEO

Read full review

Our business areas

NCC Infrastructure

NCC Building Sweden

NCC Building Nordics

NCC Industry

NCC Property Development

We build infrastructure in the Nordics

 

NCC Infrastructure’s operations comprise projects of all sizes, from roads, railways, bridges and tunnels to water and sewage plants, pipelines and plants for industries and the energy sector. Although the business area is Nordic, operations are mainly conducted in Sweden.

We develop methods and technologies for reducing climate impact and managing climate effects. For example, we use green electricity and choose concrete with a lower CO2e where possible, we upgrade pipelines rather than install new ones and offer various surface water solutions for preventing floods.

We create superior sustainable solutions for infrastructure of the future. With more than a hundred years in operation, we have already built a large part of the infrastructure that currently links together people, places and countries.

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Sustainable construction in Sweden

 

NCC Building Sweden has operations in Sweden and builds housing and offices, public premises, such as as schools, hospitals and sports arenas, and commercial premises, such as stores and warehouses.

The renovation of housing and offices is also an increasingly important feature of the business. Many buildings built in the 1960s and 70s are in dire need of upgrade and NCC wants to be a major player in the market.

With advanced skills in sustainability, digitalization and partnering, NCC Building Sweden develops projects jointly with customers starting at the early stages. Together, we create sustainable solutions that provide great social value.

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Sustainable construction in the Nordics

 

NCC Building Nordics has operations in Denmark, Finland and Norway and builds housing and offices, public premises, such as schools, hospitals and sports arenas, and commercial premises, such as stores and warehouses.

The renovation of housing and offices is also an increasingly important feature of the business. Many buildings built in the 1960s and 70s are in dire need of upgrade and NCC wants to be a major player in the market.

With advanced skills in sustainability, digitalization and partnering, NCC Building Nordics develops projects jointly with customers starting at the early stages. Together, we create sustainable solutions that provide great social value.

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A natural supply chain

 

NCC Industry is based on production of stone materials and asphalt, as well as foundation engineering and paving. The various components belong together and form a natural supply chain that is well integrated into NCC’s construction and civil engineering operations.

Stone materials, which are mainly extracted from own quarries, are used in asphalt production and as input materials in construction and civil engineering projects. Asphalt is produced in NCC’s own asphalt plants and is then used in various types of paving. Foundation engineering comprises piling, support structures, foundation reinforcement and rebar.

The main markets are concentrated in the Nordics, where NCC is the leading player in the industry. Sweden is the single largest market, accounting for about half of sales.

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Nordic property development

 

NCC Property Development develops and sells sustainable office, logistics, commercial and public services properties in prime locations in defined growth markets in the Nordics. Strong urbanization and growth in major cities are continuing to drive demand for sustainable and attractive properties.

Our operations are characterized by close cooperation with the customers to create flexible, customized and healthy workplaces. NCC combines expertise with deep insight into customers’ operations, processes and challenges. We aim to inspire, support and advise the customer using a consultative approach.

In every single project, NCC contributes extensive knowledge of how efficient workplaces function. This knowledge is based on longstanding experience of working close to customers and on relevant research findings in the area.

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Projects

Securing future water distribution

“As supervisor, I’m responsible for ensuring that the progress of the low-water reservoir and the first six meters of the support columns are handled as smoothly as possible.”

Tunnels under the ocean floor in the Faroe Islands

NCC has a specialist unit for operating and supporting projects worth billions of SEK – a multidisciplinary team for offering customers a strong partner in major, demanding infrastructure projects. Constructing tunnels under the ocean floor is such a project.

Good schools based on pooled knowledge

The best schools are built through teamwork. We can then learn from each other and create buildings and schoolyards that meet the school’s challenges and needs. When working on the new Brogårdaskolan school, cooperation with the customer – the municipality and the principal – was decisive.

Service for excavation rubble reduces climate impact

NCC and Volvo Trucks have jointly developed a digital service to increase the efficiency of loading and removal of excavation rubble. The service was tested at NCC’s worksite for the Centralen phase of the West Link. Calculations indicate that the gains will be thousands of fewer journeys, corresponding to 1,000 tons of CO2 emissions over the project period.

Tramline construction in many phases

NCC is a key contractor for the Bergen Light Rail and is now building two more parts of the tramline in the Fyllingsdalen and Mindemyren districts. This will be NCC’s eleventh project on the light rail line since 2008.

NoDig – trenchless pipeline installation

“My work involves upgrading our pipelines for water and sewage, district cooling, gas and fiber. This is what we do: we dig down to the pipes at what we call connection points and insert a robot in the pipe, which checks it on the inside – then we find out exactly what needs to be rectified. Some things can be done without any digging.”

How we contribute to sustainable development

Sustainability

Health and safety

Social inclusion

Material and waste

Climate and Energy

Compliance

Portfolio performance

Our sustainability framework

NCC’s sustainability work is the foundation for the Group’s future development. The purpose of the sustainability work is to create conditions for people to work, reside, travel and live in a sustainable manner, and to increase value for shareholders, customers and society as a whole. NCC’s sustainability framework illuminates the most important areas for our sustainability work.

We work in a zero accident environment

Important events 2019

  • Group directive for occupational health and safety
  • Test of digital safety barriers at worksites 
  • Inauguration of Sweden's first physical safety training park

 

We are an empowering partner in an inclusive society

Important events 2019

  • Value-based workshops
  • Participation in the Tekniksprånget 
  • Socially sustainable projects

     

We close the loop

 

Important events 2019

  • Far-reaching work on the standardization of products 
  • Increased use of the flooring industry’s recycling system for installation residue and development of a traceability system for flooring residue 
  • Continued increase in rate of sorting and returns of pallets for reuse

We are climate neutral

 

Important events 2019

  • Leadership level in CDP’s climate change
  • New process developed for environmental product declarations process 
  • Service for excavation rubble for reduced climate 

We are a trustworthy partner acting with high ethical standards and transparency

Important events 2019

  • Code of Conduct for suppliers
  • Participation in the formulation of a Swedish Ethical Trading Initiative (ETI) 

We provide superior sustainable solutions

 

Important events 2019

  • Smart choices for a better world – concept for sustainable products, services and methods 
  • Issuance of green bonds with a value of SEK 1.6 billion

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