Multiconsult reports 7.8% revenue growth in second quarter

Norwegian engineering consultant Multiconsult announced a 7.8% increase in revenue for the second quarter, reaching NOK 1.53 billion. This growth was driven by higher capacity and increased billing rates. The company's EBITA margin improved to 7.1% from 4.8% in the same period last year, thanks to strengthened cost control. CEO Karsten Warloe highlighted these factors in a statement.

A positive calendar effect boosted second-quarter net operating revenues by NOK 49.7 million. Organic growth during this period was 0.7%. Order intake rose by 8.4% year-over-year, amounting to NOK 1.67 billion. The firm's order backlog at the end of the quarter stood at NOK 3.95 billion. Despite a stable overall market outlook, Multiconsult remains committed to profitability improvements through 2026, targeting stable profitability in alignment with its goals.