Nordic Group - OCBC Group Research 2026-01-15: Strength In Unity; Initiate With BUY

• Nordic Group (SGX:MR7) is a global engineering solutions provider focused on areas including precision engineering, systems integration, environmental engineering, and maintenance.
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Active strategic acquisitions and broadening of revenue base

• As part of its growth strategy, Nordic has acquired seven companies since listing in 2010. Retroactively, Nordic’s revenue compound annual growth rate (CAGR) of 9.3% from 2010 to 2024 suggests that acquisitions have had meaningful long-term impact on topline growth. The additions also provide strategic risk diversification benefits by securing distinct sources of revenue, with subsidiaries like Starburst and Envipure providing exposure to less correlated sectors like defence and sustainability.
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Contract wins of S$70.3m in Dec 2025

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Group Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2026-03-06 Nordic Group - Well‑positioned To Benefit From Strengthening Semiconductor Tailwinds.

Previous report by OCBC:
2026-01-30 Nordic Group - The Road Ahead Remains Bright.

Price targets by other brokers at Nordic Group Target Prices.

Listing of research reports at Nordic Group Analyst Reports.

Relevant links:
Nordic Group Share Price History,
Nordic Group Announcements,
Nordic Group Dividend Payout Dates & Corporate Actions,
Nordic Group News