NRC Group today published its financial results for the second quarter and first
half of 2025.

CEO Anders Gustafsson and CFO Åsgeir Nord will present the results at 09:00 am
(CET) at House of Oslo, Ruseløkkveien 34, Oslo.

The presentation will also be webcast live on the following link:

https://channel.royalcast.com/webcast/hegnarmedia/20250814_7

The presentation will be followed by a live Q&A-session. Investors, analysts and
journalists are welcome to participate at House of Oslo or follow the
presentation digitally, where questions can be submitted during the event.

Group Highlights

Second quarter:

  · Revenue of NOK 1,763 million (NOK 1,747 million), EBIT of NOK 60 million
(NOK -742 million, EBIT adj. NOK -88 million) and EBIT margin of 3.4% (-42%,
EBIT adj. -5.1%).
  · Operating cash flow of NOK 83 million (NOK 7 million), a lift mainly caused
by improved profitability. Net interest-bearing debt decreased by NOK 10 million
in the quarter to NOK 822 million.
  · Order backlog of NOK 9,026 million (NOK 7,766 million) with a book-to-bill
ratio of 1.0x in the quarter. Order intake of NOK 1,751 million (NOK 1,327
million), including maintenance contract valued at NOK 612 million in Finland.
  · Awarded contract valued at approximately NOK 678 million for the delivery of
energy infrastructure in southern Sweden. First energy- related contract secured
by newly established Civil division in Sweden.

Half year:

  · Change of main reporting profitability KPI and guiding parameter from EBIT
adjusted to EBIT.
  · Revenue of NOK 3,027 million (NOK 3,053 million), EBIT of NOK 33 million
(NOK -840 million, EBIT adj. NOK -131 million) and EBIT margin of 1.1% (-28%,
EBIT adj. -4.3%).
  · Operating cash flow of NOK -67 million (NOK -119 million), lifted by
improved profitability but burdened by increase in net working capital. Net
interest-bearing debt increased by NOK 200 million to NOK 822 million during the
first half year.
  · Order backlog of NOK 9,026 million (NOK 7,766 million) with a book-to-bill
ratio of 1.3x. Order intake of NOK 3,989 million (NOK 3,909 million), including
energy infrastructure contract at NOK 678 million in Sweden, maintenance
contract valued at NOK 612 million in Finland and a NOK 463 million rail
contract in Norway.

The result report and result presentation can be found attached and will be
available on the company's homepage: www.nrcgroup.com

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Charlotte Krog, Communication,
NRC Group ASA, on 14 August 2025.