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

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

The first quarter presentation will be broadcasted as a webcast on the following
link:

https://channel.royalcast.com/webcast/hegnarmedia/20250516_1

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

Group highlights

  · Change of main reporting profitability KPI and guiding parameter from EBIT
adjusted to EBIT.
  · Revenue of NOK 1,264 million (NOK 1,306 million), EBIT of NOK -27 million
(NOK -99 million, EBIT adj. NOK -43 million) and operating profit margin (EBIT
margin) of -2.1% (-7.5%).
  · Operating cash flow of NOK -150 million (NOK -126 million), driven by an
increase in net working capital. Net interest-bearing debt increased by NOK 209
million in the quarter to NOK 832 million.
  · Order backlog of NOK 8,875 million (NOK 8,195 million) with a book-to-bill
ratio of 1.8x in the quarter. Order intake of NOK 2,238 million (NOK 2,493
million), including a NOK 463 million contract for rehabilitation and upgrade of
Melhus and Ler railway stations.

The first quarter 2025 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 16 May 2023.