Norconsult's EBITA ended at NOK 227 million in the fourth quarter of 2024, up from NOK 209 million in the same period in 2023, while the EBITA margin ended at 9.1 percent. EBITA margin, considering calendar effects compared to the corresponding period in 2023, ended at 9.7 percent for the quarter.
For the full year, net revenue increased by 8 percent to NOK 9.2 billion, and the EBITA margin adjusted for calendar effects ended at 10.1 percent compared to 9.5 percent in the same period in 2023.
“The fourth quarter, as well as 2024, has been characterised by volatility in some of our markets and uncertain macroeconomics. Despite these challenges, we managed to perform well both when it comes to profitability and growth, thanks to our broad client portfolio, a good mix of public and private clients, and the excellent work of Norconsult's 6,500 employees every single day,” says Egil Hogna, CEO of Norconsult.
Read the full stock exchange release here: investor.Norconsult.com
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For further information, please contact:
Investors: Elin Spieler, Head of Treasury and IR Manager, IR@norconsult.com
Henrik Charlesen, Senior Communication Advisor, Henrik.Charlesen@norconsult.com
About Norconsult
Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining engineering, architecture and digital expertise across projects of all sizes, for private and public customers in infrastructure, energy and industry, buildings and architecture. Headquartered in Sandvika, Norway, Norconsult’s delivery model is centred around knowledge hubs and local presence through approximately 6,500 employees across around 140 offices in Norway, Sweden, Denmark, Iceland, Poland and Finland.