Mediation process update, preliminary figures for Q2 2024 and revised outlook FY 2024
NRC Group ASA (the "Company") refers to the Q1 2024 report, where the Company announced that mediation with the customer regarding a joint Norwegian-Swedish rail project awarded in 2021 would commence in the second quarter (the “Project”). The Company and the customer have so far been unable to find a satisfactory solution. The initial contract value was approximately NOK 760 million and has experienced substantial changes in scope resulting in an estimated total contract value of approximately NOK 1.5-1.6 billion. The mediation process will continue during the second half of 2024, with