Multiconsult ASA first quarter 2019
Multiconsult first quarter net operating revenues grew by 9.9% year-on-year driven by a higher activity level and improved project execution. EBIT increased to NOK 92.5 million year-on-year, reflecting an EBIT margin of 9.8%. Revenues and earnings were positively impacted by a calendar effect of four more working days in Norway. The order backlog at the end of the first quarter 2019 is at an all-time-high level of NOK 2.9 billion.“I am proud of the excellent job our employees have done for our customers in the first quarter. The group has solid growth and an all-time high order backlog.