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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
NCC
NCC (NCC) investor relations material
NCC Investor update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor update summary7 Oct, 2026
Transaction
Agreed sale of the Industry business area, including stone materials and asphalt, at an enterprise value of SEK 8.2bn; cash payment at closing is expected to generate ~SEK 7bn after external debt, mainly leasing and pension liabilities.
Heidelberg Materials will acquire the Swedish and Norwegian operations; CRH will acquire the Danish and Finnish operations.
2025 net sales were SEK 12.6bn and earnings were SEK 879m; sales mix was two-thirds asphalt and one-third stone materials.
Sale is subject to regulatory approvals, with completion expected in H2 2027.
Strategic rationale
Separation creates a more focused, specialized and asset-light contracting business, unlocking capital and strengthening financial flexibility.
Industry is capital-intensive, with fixed production facilities and defined geographies; contracting is service-led, project-specific and requires limited or no tied-up capital.
Buyers bring extensive sector experience and intend to develop the Nordic operations as part of their Northern European businesses.
Industry business profile
Leading Nordic position in asphalt and aggregates, with ~230 production units across Finland, Norway, Sweden and Denmark and 2,600 employees.
Partial view of Summaries dataset, powered by Quartr API
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Latest events from NCC
- Record Industry earnings and high order intake support a positive outlook despite legal costs.NCC
Q2 2026 - Orders up 5.4% year-over-year, but earnings fell on seasonal and weather impacts; outlook remains positive.NCCQ1 2026
- SEK 1.4 billion impairment hits Q4 profit; strong earnings and positive outlook continue.NCCInvestor update
- Record profits in Industry and Building Nordics; SEK 11 dividend proposed despite major impairment.NCCQ4 2025
- Record Industry profit, strong EBIT growth, and robust demand drive a positive outlook.NCCQ3 2025
- Q3 saw higher orders and profit, stable sales, and early signs of property market recovery.NCCQ3 2024
- Q2 profit up 24% year-over-year, driven by Industry and Infrastructure, with strong order backlog.NCCQ2 2024
- Orders up, profit down; dividend and climate targets raised, strong infrastructure demand.NCCQ1 2025
- Record earnings and cash flow, higher dividend, and a positive outlook for key segments.NCCQ4 2024
Next NCC earnings date
Q3 20263 Nov, 2026
NCC
Next NCC earnings date
Q3 20263 Nov, 2026
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