Norconsult ASA: Q2 and first half year 2024 – Solid growth and stable profitability
Sandvika, 23 August 2024 (OSE: NORCO): Income after external project costs increased with 14 percent compared with the second quarter last year. The quarter was significantly affected by four more working days. Organic growth adjusted for calendar effects was 7 percent. The adjusted EBITA margin adjusted for calendar effects was 5.3 percent in the quarter, on level with last year. Cash flow from operating activities was NOK 501 million in the quarter, up from NOK 192 million last year. Highlights Q2 2024 · Income after external project costs was NOK 2 399 million (2 097) ·