Norway · Delayed Price · Currency is NOK Multiconsult ASA Earnings Call Transcripts
Fiscal Year 2025
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Q4 and full-year results showed stable growth and robust order intake, but profitability declined due to higher costs, legal expenses, and a challenging Architecture market. Investments in digitalization and acquisitions support future competitiveness, with stable outlook but ongoing market uncertainties.
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Q3 2025 saw stable revenue growth and a strong order backlog, but profitability was pressured by increased competition, higher costs, and slower project decisions. Cost control and efficiency measures are being implemented, with a target to restore margins by 2026.
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Q2 2025 saw stable revenue and strong sales, but EBITDA margin declined due to cost increases and a lower billing ratio. The order backlog remains robust, and the ViaNova acquisition is set to strengthen market position. Margin pressure and competition are expected to persist.
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Q1 2025 saw 11.4% revenue growth and a 40% EBITDA increase, driven by strong demand in energy, industry, and defense. Order backlog remains robust, but margin pressure and market uncertainty persist, especially in real estate.
Fiscal Year 2024
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Q4 and full-year 2024 saw strong revenue growth, record order backlog, and improved billing ratios, though Q4 EBITDA and profit declined due to higher costs. The outlook is positive with robust positions in defense, energy, and hospital sectors, and a proposed NOK 10 per share dividend.
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The updated strategy targets growth in complex projects, energy transition, urban transformation, and sustainability, with a focus on the Nordics and Poland. Financial goals include a 10% EBITDA margin and 8%-10% revenue growth, while net zero is targeted by 2040.
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Q3 2024 saw strong revenue and profit growth, driven by high billing ratios, organic expansion, and a one-time settlement. Order backlog remains robust, with stable market outlook and ongoing demand in defense and infrastructure, though some segments face market challenges.
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Q2 2024 saw strong revenue and profit growth, record-high order backlog, and robust operational performance, supported by organic growth and successful M&A integration. All segments contributed, with notable gains in billing ratio and free cash flow, while the outlook remains positive despite increased competition.