)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
NRC Group (NRC) investor relations material
NRC Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary4 Nov, 2025
Executive summary
Third quarter 2025 showed profit improvement and margin expansion, confirming strategic progress and completion of the strategic restart, with margin targets on track for 2025 and beyond.
Order backlog reached NOK 8.5 billion, supporting future growth and reflecting major contract wins in all three countries.
Market outlook for sustainable infrastructure remains favorable, with a robust tender pipeline and strong political support in the Nordics.
New segment reporting (Machines and Special Operations) to be introduced from 2026.
Health and safety performance improved, with LTI frequency rate reduced to 2.1 over the last twelve months.
Financial highlights
Q3 2025 revenue was NOK 1,818 million, down from NOK 2,103 million in Q3 2024 due to timing effects in Sweden and Finland.
EBIT increased to NOK 65 million (3.6% margin) from NOK 40 million (1.9%) year-over-year.
Net profit was NOK 31 million, compared to a loss of NOK 9 million in Q3 2024; EPS NOK 0.18 (up from NOK -0.13 YoY).
Operating cash flow was negative NOK 95 million, with cash release expected in Q4.
Year-to-date revenue was NOK 4,845 million (down from NOK 5,156 million YoY); EBIT NOK 98 million (up from NOK -800 million YoY).
Outlook and guidance
Confident in achieving 2025 EBIT margin above 2.0%, targeting NOK 135–140 million EBIT for the full year, with revenue expected below NOK 7 billion.
2026 targets: revenue of approximately NOK 7.5 billion and EBIT margin above 3.0%.
Long-term strategy aims for revenue above NOK 10 billion and EBIT margin above 5.0% by 2028.
Book-to-bill ratio expected to exceed 1.0x from Q4 2025 onwards.
Robust revenue growth expected from Q2 2026.
ETM dispute resolution timing and cash impact
Finland's excluded tender projects impact on growth
New segments' role in 2026 profitable growth strategy
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next NRC Group earnings date
Q4 202517 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
NRC Group ASA engages in the infrastructure business in Norway, Sweden, and Finland. It operates through two segments, NRC Construction and NRC Production. The NRC Construction segment provides construction and installation of electrical infrastructure, like power plants, ducts, and poles; construction of pipelines related to industrial production processes; and construction and installation of mining support structures such as mining buildings, access roads, ventilation systems, shaftwork and pumping facilities. The NRC Production segment is involved in the production of steel products and offers services related to steel processing. The company is also involved in industrial property development projects.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage