Interim report
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Q1 2021 NCC A good start to the year “ The first quarter of the year is our low season , but all of the business areas maintained their improvements from 2020 and deliver on a stable level , ” says Tomas Carlsson , President and CEO of NCC . • • Lower sales , but stable earnings in the contracting business and in the Industry business area . The Property Development business area recognized a project in Norway in profit , but the earnings for the quarter were impacted by provisions for rental guarantees and VAT . A stronger order backlog , orders received at a normal level for the quarter and continued healthy demand in all countries Strong cash flow for the quarter On March 30 , the Annual General Meeting resolved on a dividend in accordance with the Board of Directors ' proposal of SEK 5.00 per share ( SEK 2.50 ) for 2020 , to be paid on two occasions , see page 13 . First quarter 2021 Orders received amounted to SEK 14,255 M ( 15,458 ) • Net sales totaled SEK 10,140 M ( 11,766 ) • • The operating result amounted to SEK - 144 M ( -69 ) The result after financial items amounted to SEK -152 M ( -90 ) The result after tax totaled SEK -124 M ( -84 ) Earnings per share after dilution were SEK -1.15 ( -0.78 ) Q1 Group , SEK M Orders received Order backlog Net sales Operating profitos s Operating margin , % Profit loss after financial items 2021 2020 R 12 Apr - Mar 2020/2021 Jan - Dec 2020 14,255 15,458 49,996 51,199 56,096 62,333 56,096 50,945 10,140 11,766 52,296 53,922 -144 -69 1,285 1,360 - 1.4 -0.6 2.5 2.5 -152 -90 1,218 1,281 Net profit loss for the period Profit loss per share after dilution , SEK Cashflow from operating activities -124 -84 1,219 1,259 -1.15 -0.78 11.32 11.68 742 1,003 1,308 1,569 Cashflow before financing 586 1,018 674 1,106 Net cash + / het debt - -4,120 -4,474 -4,120 -4,823 For definitions of key figures , see https://www.ncc.com/investor-relations/ncc-share/financial-definitions/ NCC AB Interim Report Q1 , January - March 2021 1