NCC to cut about SEK 50 million a year by relocating its head office
Swedish builder NCC plans to move its head office, saving roughly SEK 50 million annually from 2028, according to Reuters.
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what happened
Reuters reports that NCC AB is relocating its head office. The company expects annual savings of approximately SEK 50 million from the move.
NCC will still carry remaining commitments under its current lease in Solna. Because of this, earnings in the third quarter of 2026 will be hit by SEK 198 million. Savings will be SEK 25 million in 2027 and reach the full SEK 50 million from 2028.
why it matters
The news is company-specific: it concerns cost reduction at one firm rather than a change in sector outlook. For investors, the main point is the one-off earnings hit in the third quarter, tied to exiting the lease.
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sources
- NCC's Head Office Relocation To Generate Annual Savings Of About SEK 50 Mln — Reuters, 20 October 2026 at 10:16 UTC
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