Jan 22 (Reuters) - Ncc AB NCCb.ST:
NCC Q4 SALES SEK 15,929 MILLION
NCC Q4 EBIT SEK 692 MILLION
NCC IS IMPLEMENTING IMPAIRMENT CHARGES RELATING TO PROPERTY VALUES. STRONG UNDERLYING OPERATING PROFIT IN THE FOURTH QUARTER
IMPLEMENTING IMPAIRMENT CHARGES OF APPROXIMATELY SEK 1.4 BILLION
IMPAIRMENT CHARGES TO IMPACT Q4 OPERATING PROFIT
SEK 900 MILLION IMPAIRMENT CHARGES IN PROPERTY DEVELOPMENT
IMPAIRMENT CHARGES HAVE NO IMPACT ON CASH FLOW AND DO NOT AFFECT NCC'S CAPACITY TO DISTRIBUTE DIVIDENDS.
AS PART OF YEAR-END CLOSING PROCESS, WE HAVE REASSESSED TOTAL PROPERTY VALUES IN BALANCE SHEET
IMPAIRMENT CHARGES ALSO CREATE BETTER CONDITIONS FOR SALES IN NEAR TERM
Source text: ID:nWkr7nspfC
Further company coverage: NCCb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))