cleargif_vizzit

Growth priorities

NCC’s overriding objective is to create value for its customers and shareholders. NCC aims to be a leading player in the markets in which it is active, offer sustainable solutions and be the customers’ first choice.

Three markets and areas will be prioritized:

  • Growth in Norway in all business areas
  • Establishing a presence in the Finnish civil engineering market
  • Expansion of the housing development business

Growth targets and activities

The target for the industrial business is for sales growth during the strategy period to correspond to at least doublethe GDP growth rate. Although NCC currently has a strong position in all markets,the company aims to further advance its position in the aggregates market in Norway, Denmark and Finlandand the asphalt market in Norway. The focus onroad serviceswill continue and the recycling of construction waste will be expanded.

The target for the construction and civil engineering business isfor sales growth during the strategy period to correspond to at least doublethe GDP growth rate. While this growth will primarily be achieved organically, it will also be supplemented with acquisitions,mainly in Norway and Finland. The main focus in the construction and civil engineering business will initially be placed on establishing joint strategies for virtual design and construction (VDC),operational systems, risk management and further enhancement of the company’s purchasing activities.

 

The housing development business aims to grow during the strategy period and attain a target of at least 7,000 housing units under construction. This means that the number of housing starts must increase slightly compared with the current level, provided that a market exists. Achieving this expansion will require more efficient processes and certain changes to the product mix.

In 2010/2011, NCC started several majorcommercial property development projects. NCC currently has a favorable project portfolioand the aim for the strategy period is to maintain this level.