Multiconsult ASA fourth quarter and full year 2019
Net revenues were NOK 904.5 million in the fourth quarter and NOK 3 435.8 for the full year 2019. Multiconsult had good project deliveries and a strong order intake in fourth quarter of 2019 and ends the year with an record-high order backlog of NOK 2 968 million. Weak earnings in the fourth quarter were mainly impacted by lower billing ratio. Full year net operating revenues is increased by 3.0%. EBIT in 2019 was NOK 106.3 million, reflecting a 3.1% margin. For 2019, the board proposes a dividend of NOK 1.00 per share.Oslo, 26 February 2020“2019 marked the start of a turnaround for