STOCKHOLM (Thomson Financial) - NCC AB. said its NCC Property Development unit made a first-quarter operating profit of 181 million crowns versus 47 million a year earlier.

NCC's full first-quarter results will be published on April 28. The company said it is releasing its Property Development unit's results now after inadvertently divulging them to an analyst.

"We have made a mistake (in releasing the results ahead of the report) and our assessment is that the only way to correct it is to disclose the business area's earnings," said NCC.

simon.richardson@thomson.com sjr/jrr

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