Norway's NRC Group Q1 revenue falls year-on-year

NRC ASA

13/05/2026 06:14

Overview

Norway rail infrastructure firm's Q1 revenue fell yr/yr to NOK 1.1 bln

Q1 EBIT negative, including NOK 14 mln one-off restructuring cost in Norway

Company expects significant increase in order intake from Q2

Outlook

NRC Group guides for 2026 revenue of ~NOK 7.5 bln at constant exchange rates

Company expects margin above 3.0% for 2026

NRC Group expects significant increase in order intake from second quarter

Result Drivers

RESTRUCTURING COSTS - Negative EBIT included NOK 14 mln one-off restructuring cost in Norway

ORDER BACKLOG - Order backlog of NOK 8.5 bln, company expects significant increase in order intake from Q2

Company press release: ID:nMFN6ymsVM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
NOK 1.1 bln
NOK 1.23 bln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy."

Wall Street's median 12-month price target for NRC Group ASA is NOK8.75, about 3.4% above its May 12 closing price of NOK8.46

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)