Multiconsult ASA third quarter 2016
In a traditionally weak third quarter with summer holidays, revenues continue to grow. Higher operating expenses impact earnings, while international business improves.Oslo, 8 November 2016 - Group net operating revenues increased by 13.9 per cent to NOK 554.4 million, compared to the same quarter last year. The increase in revenues was partly driven by LINK arkitektur and higher production from an increased workforce in Norway. The billing ratio remained stable at 67.7 per cent. Billing rates are at a similar level as last year and the first two quarters of 2016. EBITDA for the quarter