Brief: NRC Makes Downward Adjustment In Q2

NRC ASA

12/07/2024 14:13

July 12 (Reuters) - NRC Group ASA  NRC.OL :
    * MEDIATION PROCESS UPDATE, PRELIMINARY FIGURES FOR Q2 2024
AND
REVISED OUTLOOK FY 2024
    * COMPANY AND CUSTOMER HAVE SO FAR BEEN UNABLE TO FIND A
SATISFACTORY SOLUTION
    * MEDIATION PROCESS WILL CONTINUE DURING SECOND HALF OF 2024
    * POTENTIAL FOR BOTH A NEGATIVE AND POSITIVE IMPACT ON
PROJECT'S
FINAL FINANCIAL OUTCOME
    * DOWNWARD ADJUSTMENTS ON CERTAIN PROJECTS IN FINLAND AND
LEGAL
DISPUTE IN SWEDEN WILL ALSO AFFECT FINANCIAL PERFORMANCE IN Q2
    * NEED TO MAKE DOWNWARD ADJUSTMENT IN Q2 2024 REPORT OF NOK
-160
MILLION
    * EXCEPT FOR DOWNWARD ADJUSTMENTS FINANCIAL PERFORMANCE IN
H1 IS
AS EXPECTED
    * UNABLE TO REACH ITS FINANCIAL GUIDANCE FOR FULL YEAR 2024
    * EXPECTS NEGATIVE OPERATIONAL RESULT FOR FULL YEAR 2024

Source text for Eikon:  ID:nWkr2nc38k 
Further company coverage:  NRC.OL 

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