NRC Group delivers strong Q3 EBIT, reaffirms 2025 guidance

NRC Group ASA announced a strong third quarter in 2025, with EBIT increasing to NOK 65 million from NOK 40 million in Q3 2024, raising the EBIT margin to 3.6% from 1.9%. This positive trend aligns with its target of above 2.0% EBIT margin for 2025. Revenue for the quarter was NOK 1,818 million, down from NOK 2,103 million in the prior year, primarily due to timing effects, reduced change orders, and moderate order intake.

Year-to-date figures show significant improvement, with EBIT reaching NOK 98 million compared to a loss of NOK -800 million in YTD 2024. The order backlog remains robust at NOK 8,535 million. Cash flow from operating activities was NOK -95 million for the quarter, influenced by increased net working capital, though a cash release is anticipated in Q4.

The company reaffirmed its guidance, expecting full-year 2025 EBIT in the NOK 135-140 million range and projecting profitable growth for 2026 with an EBIT margin above 3.0% and revenue of approximately NOK 7.5 billion. Starting from 2026, NRC Group will expand its reporting to include two additional segments: Machines and Special Operations.