The event will be held at House of Oslo, Ruseløkkveien 34, Oslo, and will start at 09.00 am (CET) and is expected to last approximately 2.5 hours, including Q&A. The presentation will be given in Swedish/Norwegian.
The presentation will also be broadcasted as a webcast on the following link:
https://qcnl.tv/p/_53O13TampADXapEio3QCw
Group highlights:
Third quarter
- EBIT strengthened to NOK 91 million (NOK 65 million) - strongest quarter since restart of NRC Group
- Revenue was NOK 1.8 billion, in line with last year despite significantly weaker SEK and EUR
- Maintain expectation of EBIT margin above 3.0% for 2026
- Finland continues to succeed, revenue grew 37%, EBIT was stable at NOK 31 million as light rail contracts are still in early phase
- Sweden developing, improved EBIT of NOK 10 million (NOK 1 million), restarted civil business provides broader base for growth
- EBIT of NOK 15 million (NOK 5 million) in Norway, reflecting ageing and profit takeout of the current portfolio.
- Kept continues to improve, delivering EBIT margin of 5.3% compared to a loss last year.
- Gunnar Knutsen profitable with an EBIT of NOK 8 million while in transition after completing major multi-year contract
- Machine with an EBIT of NOK 27 million, develops well as new separate segment
- Tender pipeline at high level, uncertainty is timing - whether and when tenders are announced
- Order intake NOK 1,238 million (NOK 900 million)
- Order backlog NOK 7,880 million (NOK 8,535 million)
- Operating cash flow NOK -27 million (NOK -95 million)
Topics to be covered during the Capital Markets Update:
During the Capital Markets Update, NRC Group will present the progress made during the first half of its 2024–2028 strategy period and outline the priorities for the next phase, shifting from profitability before growth to profitable growth.
The presentation will cover:
- Strategic progress and achievements since the 2024 Capital Markets Update
- Market outlook and growth opportunities
- Strategic priorities for profitable growth towards 2028
- Financial performance, updated financial ambitions and capital allocation priorities
Speakers at the event:
- Anders Gustafsson – CEO
- Åsgeir Nord – CFO
The third quarter financial report, quarterly presentation and Capital Markets Update presentation will be made available under the company's ticker "NRC" on www.newsweb.no and on the company's website, www.nrcgroup.com.