Nordic Group Limited · SGX:MR7
Nordic — H1 2025 Earnings Presentation
15 slides from Nordic's earnings presentation, Aug 21, 2025
Slide 1: 1H2025 Results Presentation
Sustainable Growth: Rooted in Excellence 1H2025 Results Presentation 21 August 2025
Slide 2: Disclaimer
Disclaimer • This presentation (this “Presentation”) has been prepared by Nordic Group Limited (“Nordic” or the “Company”) for information purposes only and has not been independently verified. It is not the intention to provide, and you may not rely on this Presentation as providing, a complete or
Slide 3: Financial Highlights for 1H2025
Financial Highlights for 1H2025 Revenue Net profit EBITDA $84.8m ↑11% $8.3m ↓3% $12.9m ↓9% 1H24: $76.2m 1H24: $8.5m 1H24: $14.1m GPM NPM EBITDA margin 23% 0ppt 10% ↓1ppt 15.3% ↓3.2ppts 1H24: 23% 1H24: 11% 1H24: 18.5% Order book EPS NAV per share $184.9m 2.1 cents 33.5 cents ↑3% as at 30 Jun 2025 1H2
Slide 4: 1H2025 Performance Overview
1H2025 Performance Overview S$ million 1H2025 1H2024 Change (%) Net Profit after Tax 8.3 8.5 (3) Revenue Attributable to Equity Holders ➢ Revenue growth driven by a 24% increase in Project Services Gross Profit 19.2 17.6 9 revenue Gross Profit Margin 22.6% 23.1% (0.5 ppts) Gross Profit Margin ➢ Gros
Slide 5: 1H2025 Operating Profits
1H2025 Operating Profits Profit excluding interest income, finance costs, and FX loss/gain, grew 14%, reflecting growth in Revenue the core operating businesses S$ million 1H2025 1H2024 Change (%) Net Profit after Tax Attributable to Equity Holders 8.3 8.5 (3) - Interest Income 0.4 0.6 (39) - Financ
Slide 6: 1H2025 NAV Trends
1H2025 NAV Trends Continuous NAV improvement from value-accretive acquisitions NAV and NAV per Share Trend by NAV and NAV per Share Trend by Year 180 Half-year 33.5 33.5 35.00 32.5 35.00 160 160 32.5 30.9 29.4 29.4 27.5 30.00 140 28.9 30.00 140 25.2 120 25.00 120 25.00 100 100 20.00 20.00 80 80 15.0
Slide 7: 1H2025 Net Gearing Ratio Trend
1H2025 Net Gearing Ratio Trend Repaid a significant amount of debt recently, maintaining a healthy gearing ratio of 6%. 40 Net Debt Net Gearing Ratio Net Cash 0.25 30 19% 15% 12% 13% 0.15 20 9% 6% 10 1% 22.3 0.05 16.2 16.3 6.9 9.6 8.3 0.9 0 -3.4 -4.2 -0.05 -11.6 -15.1 -10 -0.15 -20 -30 -0.25 FY2015
Slide 8: Order Book
Order Book Successful orderbook replenishment, inclusive of S$48.7 million in new contract wins 232.5 201.6 187.1 184.9 166.0 139.5 117.7 125.5 122.4 105.6 93.0 83.9 60.4 61.6 62.5 FY2021 FY2022 FY2023 FY2024 Jun-25 Project Maintainance 1. PS: Project Service 2. MS: Maintenance Service * Figures abo
Slide 9: Contracts Win
Contracts Win July 12, 2025 - Total value: S$48.7 m ➢ System Integration: approx. S$7.8 million of capital and adhoc contracts for manufacture of valves and actuators, control and tank gauging systems and electrical and instrumentation work ➢ Precision Engineering: approx. S$9.2 million for machinin
Slide 10: Revenue Contribution by Services
Revenue Contribution by Services FY2024 (S$’M) 1H2025 (S$’M) 16.1, 10% 13.3, 16% 30.2, 19% 20.4, 24% 23.4, 15% 15.1, 18% 36.0, 23% 18.4, 11% 12.8, 15% 8.1, 9% 11.6, 14% 22.1, 14% 12.1, 8% 3.5, 4% System Integration / MRO & Trading Note: Above includes inter-segment eliminations Scaffolding Services
Slide 11: Revenue Contribution by Industry
Revenue Contribution by Industry FY2021 FY2022 FY2024 1H2025 14% 12% 16% 14% 16% 17% 17% 21% 1% 2% 3% 3% 2% 18% 12% 18% 10% 8% 1% 25% 2% 1% 20% 1% 26% 2% 1% 1% 2% 5% 3% 2% 10% 2% 31% 19% 2% 5% 8% 2% 24% 1% Onshore/Downstream Reclassification of 4% was done from EMS to Semiconductor in Marine/Upstrea
Slide 12: Consistent Dividend Payments
Consistent Dividend Payments Dividend (SG cents) Dividend Payout Ratio 4.000 56% 60% 3.500 50% 50% 3.000 40% 40% 40% 40% 40% 40% 40% 40% 40% 40% 40% 2.500 30% 2.068 2.000 1.751 30% 25% 1.740 22% 1.526 1.589 1.500 1.268 16% 1.132 20% 1.050 1.000 0.848 0.828 0.530 0.500 0.549 10% 0.500 0.250 0.250 0.2
Slide 13: Insider Share Purchases
Insider Share Purchases 9 November 2010 – IPO : Director No. of shares held % shareholdings Chang Yeh Hong 200,480,625 50.12% Eric Lin Choon Hin 43,500,000 10.88% Dorcas Teo Ling Ling 29,000,000 7.25% 272,980,625 68.25% 22 June 2025: Director / Executive Officer No. of shares held % shareholdings* C
Slide 14: Share Buyback
Share Buyback renewed in AGM on 29 April 2025 CUMULATIVE % OF TOTAL NO YEAR OF ACQUISITION QUANTITY CUMULATIVE VOLUME OF ISSUED SHARES ** Share Buyback by way of Market Acquisition 2022 263,900 263,900 0.07 2024 707,700 971,600 0.24 April 2025 516,500 1,488,100 0.37 August 2025 245,000 1,733,100 0.4
Slide 15: Thank you for your time.
Thank you for your time . 2 Tuas Avenue 10, Singapore 639126 +65 6848 4400 ir@nordicgrouplimited.com www.nordicgrouplimited.com For more information, please contact Financial PR Pte Ltd Investor Relations Consultants Building Momentum, Capturing Opportunities Kamal Samuel: kamal@financialpr.com.sg +