{"success":true,"data":{"pressRelease":{"id":"173498","rtpr_id":"nWkr1Jzc8p-20261020","ticker":"NCCB","exchange":"Nasdaq Stockholm","all_tickers":["NCCB"],"title":"NCC's head office relocation to generate annual savings of approximately SEK 50 million","author":"Cision","published_at":"2026-10-20T09:30:03.801Z","article_body":"NCC\nNCC will relocate its head office from Solna to the Hangar 5 office complex in\nBromma in the third quarter of 2027. The relocation is expected to reduce\nNCC's costs by approximately SEK 50 million annually, with full effect from\n2028. The remaining commitment after the relocation under the current lease in\nSolna, which runs until the latter part of 2029, will impact earnings in the\nthird quarter of 2026 by SEK 198 million, reported as an item affecting\ncomparability. The cost item will have no impact on cash flow.\n\nThe relocation increases the economic occupancy rate in the part of Hangar 5\nthat NCC continues to own, from approximately 70 percent to 90 percent, and\nsafeguards the value of the property. In the third quarter of 2026, NCC sold\none of the three parts of Hangar 5. A process will be initiated to explore\ninterest in the sale of the remaining parts.\n\nThe current lease agreement in Solna runs until the end of the third quarter\nof 2029. The total remaining commitment following the relocation in the third\nquarter of 2027 amounts to SEK 198 million and will be recognized in the third\nquarter of 2026 as a non-cash item affecting comparability. It will be\nreported under \"Other and eliminations\".\n\nThe significantly smaller office space will result in considerably lower\nongoing rental costs. NCC's current office in Solna comprises approximately\n16,000 square meters, compared with approximately 8,000 square meters for the\nnew office. The savings will amount to approximately SEK 25 million in 2027,\nwith the full annual effect of approximately SEK 50 million from 2028 onwards.\nThe rent for the new office is fully in line with market terms.\n\nFor further information, please contact:\nAndreas Koch, Head of Communication & Investor Relations, andreas.koch@ncc.se,\n+46 70 509 77 61\nTove Stål, Head of Group External Relations, tove.stal@ncc.se, +46 76 521 61\n02\n\nNCC's media line: +46 8 585 519 00, press@ncc.se, NCC's Media bank\n(https://www.ncc.com/media/images-and-films/)\n\nAbout NCC. NCC is one of the leading construction companies in the Nordics.\nBased on its expertise in managing complex construction processes, NCC\ncontributes to the positive impact of construction for its customers and\nsociety. Operations include building and infrastructure project contracting,\nasphalt and stone materials production, and commercial property development.\nIn 2025, NCC had sales of about SEK 56 bn and 11,500 employees. NCC's shares\nare listed on Nasdaq Stockholm.\n\nhttps://news.cision.com/ncc/r/ncc-s-head-office-relocation-to-generate-annual-savings-of-approximately-sek-50-million%2Cc4412184\n\nPDF NCCs head office relocation to generate annual savings\n(https://mb.cision.com/Main/197/4412184/4327074.pdf)\n\n\n\n(c) Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkr1Jzc8p-20261020","title":"NCC's head office relocation to generate annual savings of approximately SEK 50 million","author":"Cision","ticker":"NCCB","created":"2026-10-20T09:30:03.801Z","tickers":["NCCB"],"exchange":"Nasdaq Stockholm","article_body":"NCC\nNCC will relocate its head office from Solna to the Hangar 5 office complex in\nBromma in the third quarter of 2027. The relocation is expected to reduce\nNCC's costs by approximately SEK 50 million annually, with full effect from\n2028. The remaining commitment after the relocation under the current lease in\nSolna, which runs until the latter part of 2029, will impact earnings in the\nthird quarter of 2026 by SEK 198 million, reported as an item affecting\ncomparability. The cost item will have no impact on cash flow.\n\nThe relocation increases the economic occupancy rate in the part of Hangar 5\nthat NCC continues to own, from approximately 70 percent to 90 percent, and\nsafeguards the value of the property. In the third quarter of 2026, NCC sold\none of the three parts of Hangar 5. A process will be initiated to explore\ninterest in the sale of the remaining parts.\n\nThe current lease agreement in Solna runs until the end of the third quarter\nof 2029. The total remaining commitment following the relocation in the third\nquarter of 2027 amounts to SEK 198 million and will be recognized in the third\nquarter of 2026 as a non-cash item affecting comparability. It will be\nreported under \"Other and eliminations\".\n\nThe significantly smaller office space will result in considerably lower\nongoing rental costs. NCC's current office in Solna comprises approximately\n16,000 square meters, compared with approximately 8,000 square meters for the\nnew office. The savings will amount to approximately SEK 25 million in 2027,\nwith the full annual effect of approximately SEK 50 million from 2028 onwards.\nThe rent for the new office is fully in line with market terms.\n\nFor further information, please contact:\nAndreas Koch, Head of Communication & Investor Relations, andreas.koch@ncc.se,\n+46 70 509 77 61\nTove Stål, Head of Group External Relations, tove.stal@ncc.se, +46 76 521 61\n02\n\nNCC's media line: +46 8 585 519 00, press@ncc.se, NCC's Media bank\n(https://www.ncc.com/media/images-and-films/)\n\nAbout NCC. NCC is one of the leading construction companies in the Nordics.\nBased on its expertise in managing complex construction processes, NCC\ncontributes to the positive impact of construction for its customers and\nsociety. Operations include building and infrastructure project contracting,\nasphalt and stone materials production, and commercial property development.\nIn 2025, NCC had sales of about SEK 56 bn and 11,500 employees. NCC's shares\nare listed on Nasdaq Stockholm.\n\nhttps://news.cision.com/ncc/r/ncc-s-head-office-relocation-to-generate-annual-savings-of-approximately-sek-50-million%2Cc4412184\n\nPDF NCCs head office relocation to generate annual savings\n(https://mb.cision.com/Main/197/4412184/4327074.pdf)\n\n\n\n(c) Cision 2026"},"type":"article","timestamp":"2026-10-20T09:30:03.88591923Z","server_sent_at_ms":1792488603885},"received_at":"2026-10-20T09:30:03.937Z","source_url":"https://news.cision.com/ncc/r/ncc-s-head-office-relocation-to-generate-annual-savings-of-approximately-sek-50-million%2Cc4412184"},"analysis":{"id":"161586","press_release_id":"173498","analysis_json":{"industry":{"label":"Construction & Engineering","sector":"Industrials"},"redFlags":[],"eventType":"restructuring","narrative":"NCC will relocate its head office from Solna to the Hangar 5 complex in Bromma in Q3 2027, cutting annual costs by roughly SEK 50 million with full effect from 2028.\n\nThe remaining Solna lease commitment of SEK 198 million will be recognized in Q3 2026 as a non-cash item affecting comparability, with no impact on cash flow.\n\nThe move lifts economic occupancy in the NCC-owned part of Hangar 5 from about 70% to 90% and halves office space from roughly 16,000 to 8,000 square meters.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Cost discipline via headquarters downsizing -- SEK 50M annual savings against a one-off SEK 198M non-cash charge."},"keyFigures":{"customDimensions":{"lease_end":"end of the third quarter of 2029","new_office_sqm":8000,"old_office_sqm":16000,"savings_2027_sek":"approximately SEK 25 million","annual_savings_sek":"approximately SEK 50 million","one_time_charge_sek":"SEK 198 million","occupancy_rate_change":"from approximately 70 percent to 90 percent"}},"namedEntities":{"people":[{"name":"Andreas Koch","role":"Head of Communication & Investor Relations"},{"name":"Tove Stål","role":"Head of Group External Relations"}],"products":["Hangar 5"],"companies":[{"name":"NCC","ticker":"NCCB","relationship":"filer"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Head-office relocation yields ~SEK 50M in annual savings from 2028, offset by a one-time non-cash SEK 198M item affecting comparability in Q3 2026. Positive but not market-moving for a company with ~SEK 56B in annual sales."},"tickerRelevance":{"others":[],"primary":"NCCB"},"globalImportance":18,"audienceRelevance":12,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"large-cap-nordic","eventGravity":"cost-savings-relocation","savingsVsRevenue":"savings ~0.1% of annual sales","retailFavoriteBoost":0}},"event_type":"restructuring","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":2,"narrative":"NCC will relocate its head office from Solna to the Hangar 5 complex in Bromma in Q3 2027, cutting annual costs by roughly SEK 50 million with full effect from 2028.\n\nThe remaining Solna lease commitment of SEK 198 million will be recognized in Q3 2026 as a non-cash item affecting comparability, with no impact on cash flow.\n\nThe move lifts economic occupancy in the NCC-owned part of Hangar 5 from about 70% to 90% and halves office space from roughly 16,000 to 8,000 square meters.","key_figures":{"customDimensions":{"lease_end":"end of the third quarter of 2029","new_office_sqm":8000,"old_office_sqm":16000,"savings_2027_sek":"approximately SEK 25 million","annual_savings_sek":"approximately SEK 50 million","one_time_charge_sek":"SEK 198 million","occupancy_rate_change":"from approximately 70 percent to 90 percent"}},"named_entities":{"people":[{"name":"Andreas Koch","role":"Head of Communication & Investor Relations"},{"name":"Tove Stål","role":"Head of Group External Relations"}],"products":["Hangar 5"],"companies":[{"name":"NCC","ticker":"NCCB","relationship":"filer"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-20T09:30:10.439Z","global_importance":18,"audience_relevance":12,"importance_components":{"tickerTier":"large-cap-nordic","eventGravity":"cost-savings-relocation","savingsVsRevenue":"savings ~0.1% of annual sales","retailFavoriteBoost":0}},"durationMs":6489,"modelName":"glm-5.3-flashx"}}