MULTICONSULT ASA - MLTCY STOCK NEWS

Multiconsult ASA reported strong Q3 2024 results with EBITA of NOK 102.9 million, representing a 9.0% margin. Net operating revenues grew 17.5% to NOK 1,148.4 million, with organic revenue growth of 15.9%. The quarter was marked by high activity with a billing ratio of 71.2%, up 3.4 percentage points year-over-year. The company received a one-time settlement payment of NOK 31.2 million from a client dispute resolution. Order intake was NOK 1,277 million, resulting in an order backlog of NOK 4,838 million. Earnings per share increased to NOK 2.95, up from NOK 0.40 in Q3 2023.

Multiconsult ASA (OSE: MLTCY) reported strong Q2 2024 results with EBITA of NOK 185.7 million, up 234.1% year-over-year, and an EBITA margin of 13.0%. Net operating revenues increased by 23.5% to NOK 1,424.9 million, with organic revenue growth of 11.4% adjusted for calendar effects. The company achieved a record-high billing ratio of 73.8%, up 1.7 percentage points from Q2 2023. Order intake was solid at NOK 1,531 million, maintaining a stable order backlog of NOK 4,943 million. For H1 2024, Multiconsult reported net operating revenues of NOK 2,791.8 million, up 13.3% year-over-year, and EBITA of NOK 322.4 million, reflecting an 11.5% margin. The company's outlook remains positive, with anticipated high activity levels across various sectors.

Multiconsult ASA reported a strong first quarter in 2024 with a high billing ratio, increased order intake, and improved operational performance. The net operating revenues grew by 4.3%, EBITA margin was 10.0%, and order backlog reached NOK 5.09 billion. Despite a negative impact from fewer working days, the company showed solid financial performance with positive growth trends.

Multiconsult ASA (MLTCY) ended the year with a good quarter, influenced by high activity, increased capacity through organic growth, and overall good operational performance. Net operating revenues grew by 20.8% to NOK 1 361.5 million in the quarter and by 14.6% to NOK 4 802.5 million for the year. EBITA for the full year came in at NOK 419.5 million, while EBITA adjusted for one-offs was NOK 446.2 million, a 9.3% margin. Order intake during the year was NOK 6 926 million and NOK 1 431 million in the fourth quarter, resulting in a strong order backlog going into 2024.

Multiconsult ASA reports a robust organic revenue growth of 8.4% in the third quarter of 2023. Net operating revenues increased by 11.5% to NOK 977.0 million. The EBITA for the quarter was NOK 29.2 million, with an EBITA margin of 3.0%. The order intake is strong, resulting in a robust and diversified order backlog. The billing ratio was 67.8%, influenced by investment in onboarding and training of new hires.

Multiconsult delivered a good quarter with strong organic growth of 10.9%. Net operating revenues increased by 10.0% to NOK 1,153.8 million. Order intake increased by 28.5% to NOK 1,572 million. Order backlog reached an all-time high of NOK 4,943 million, up 6.2% from the first quarter and 40.4% from the end of the second quarter last year. The acquisition of A-lab strengthens the position in architecture and urban development. Multiconsult is well-positioned with a solid portfolio and strong demand for its services.

Multiconsult ASA (OTC-PINK:MLTCY) reported strong financial results for Q4 2022, achieving an EBITA of NOK 96.8 million (8.6% margin) and net operating revenues of NOK 1,126.7 million, a 5.5% increase year-on-year. For 2022, EBITA reached NOK 408.5 million (9.8% margin), and net revenues grew by 10.1% to NOK 4,189.2 million. The board proposed a NOK 9.00 dividend per share. Additionally, an all-time high order intake of NOK 1,559 million in Q4 strengthens the company's position for growth in 2023, despite impacts from increased operating expenses due to acquisitions and a return to pre-COVID business levels.

Multiconsult ASA reported solid third quarter results, with EBITA of NOK 67.8 million and year-to-date EBITA of NOK 311.7 million, reflecting a margin of 7.7%. Net operating revenues surged by 13.8% to NOK 876.0 million, driven by enhanced billing rates and an increase in employees. The company noted ongoing operational performance improvements despite geopolitical instability and rising energy costs. A notable income recognition from an insurance settlement of NOK 13.6 million positively impacted results.

Multiconsult ASA reported a strong second quarter for 2022, with EBITA of NOK 74.7 million and first-half EBITA reaching NOK 243.9 million. Net operating revenues were NOK 1,048.5 million, up 6.2% year on year, while organic growth stood at 3.4%. Despite higher operating expenses, mainly from acquisitions and normalizing post-Covid activities, the order backlog remains robust at NOK 3,521 million. The company faces uncertainties due to geopolitical tensions and inflation, but the outlook for its services remains generally strong with solid demand in the construction sector.