Multiconsult ASA
OSE:MULTI
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Multiconsult ASA
OSE:MULTI
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Earnings Calls
Last Earnings Call
Profitability: Second-quarter EBITA improved to NOK 108.2 million, with the margin up to 7.8% from 4.8% last year, helped by the Sotra Link comparison and better cost control.
Demand: Management said the market outlook remains stable, with defense, infrastructure, energy, and industry supporting demand and a healthy pipeline of opportunities.
Backlog: Order backlog was described as healthy despite a 13.5% year-on-year decline, because framework agreements are increasingly important but are not counted until call-offs happen.
Cost action: The company is reducing staff and tightening expenses to address pressure from wage growth and weaker billing ratios.
Strategy: The new CEO said Multiconsult is well positioned in digital and AI, and sees the current growth focus as being in the right markets.
Defense wins: The quarter included several new framework agreements, especially in defense, and management said the company has a strong position in that area.