Multiconsult - Solid Q1 with significant improved profitability and revenues growth
Oslo, 20 May 2020 – Multiconsult first quarter EBIT came in at NOK 117.5 million, reflecting an EBIT margin of 11.8%. In the first quarter, net operating revenues were up 5.2% y-o-y to NOK 993.6 million. The nextLEVEL improvement program is on-track, partly reflected in a reduction in other operating expenses of 12.3% y-o-y to NOK 110.0 million. The order intake was solid at NOK 1 306 million giving a record high order backlog of NOK 3 099 million.“Multiconsult delivered a solid Q1 with revenue growth and significant improved profitability compared with 2019. The improvement comes on the