Nordic Group FY25 operating profit rises 18% to SGD 24.7 million

Reuters03-03 20:14
Nordic Group FY25 operating profit rises 18% to SGD 24.7 million

Nordic reported FY2025 revenue of SGD 153.3 million (down 3%), with net profit of SGD 19.0 million (up 9%) and EPS of 4.8 cents (up 9%). Operating profit rose 18% to SGD 24.7 million, while gross profit margin improved to 26.4% (up 3.2 percentage points) and operating margin increased to 16.1% (up 2.9 percentage points). NAV per share was 35.5 cents (up 9.2%), and the order book stood at SGD 201.9 million. For 2H2025, Nordic posted revenue of SGD 68.4 million (down 17%) and net profit of SGD 10.7 million (up 20%), with gross profit margin of 31.1% (up 7.9 percentage points) and operating margin of 19.0% (up 6.5 percentage points). The group said it returned to a net cash position in FY2025, supported by healthy operating cash flow generation and disciplined debt repayment. It also highlighted a strengthened order book underpinned by a notable increase in maintenance contracts, with a book-to-bill ratio of 1.32x, and reported total FY2025 contract wins of SGD 119.0 million with delivery timelines ranging from 2025 to 2028. Nordic added that its FY2025 dividend rose 9% year on year, translating to a dividend yield of 4%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nordic Group Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 5PYFFWXPOLR7IRQY) on March 03, 2026, and is solely responsible for the information contained therein.

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