Continued strong market outlook for NRC Group
Lysaker, Norway
Full-year 2020 revenue was NOK 6,449 million, an increase of 4% from 2019. Group EBITA was NOK 50 million, compared with NOK 55 million in 2019. EBITA margin was 0.8% in 2020 and in line with the announcement of estimated financial results from 21 January 2021.
In Norway, the EBITA of NOK -43 million is mainly explained by lower revenue in the civil construction due to low order intake during the year, and low profitability in the demolition- and recycling business. Finland had a strong quarter with a revenue of NOK 740 million (NOK 713 million in Q4 2019). EBITA