Negative Growth Among Consulting Firms in the First Quarter
Consulting firms in the Nordics faced challenges in Q1, with the majority showing negative growth figures. The average growth rate fell to -1.2 percent compared to 15.1 percent a year ago. However, profit margins remained relatively high, and only one out of 24 companies posted a loss. This is shown in Cinode's latest summary of the Q1 reports of listed consulting firms in the Nordics ."We are seeing continued weak demand across large parts of the market, especially in IT projects. At the same time, many consulting firms have reduced