Multiconsult ASA logo

MULTIo - Multiconsult ASA News Story

NOK176 0.0  0.0%

Last Trade - 13/04/21

Sector
Industrials
Size
Mid Cap
Market Cap £414.1m
Enterprise Value £464.8m
Revenue £316.3m
Position in Universe 530th / 1831

BRIEF-Multiconsult Q1 EBIT Rises To Nok 117.5 Million

Wed 20th May, 2020 6:04am
May 20 (Reuters) - Multiconsult ASA  MULTIC.OL :
    * SOLID Q1 WITH SIGNIFICANT IMPROVED PROFITABILITY AND
REVENUES
GROWTH
    * Q1 EBIT CAME IN AT NOK 117.5 MILLION, REFLECTING AN EBIT
MARGIN
OF 11.8%
    * IN Q1, NET OPERATING REVENUES WERE UP 5.2% Y-O-Y TO NOK
993.6
MILLION
    * NEXTLEVEL IMPROVEMENT PROGRAM IS ON-TRACK, PARTLY
REFLECTED IN A
REDUCTION IN OTHER OPERATING EXPENSES OF 12.3% Y-O-Y TO NOK
110.0 MILLION
    * ORDER BACKLOG AT END OF Q1 2020 INCREASED TO NOK 3 099
MILLION
(NOK 2 865 MILLION)
    * Q1 ORDER INTAKE WAS SOLID AT NOK 1 306 MILLION GIVING A
RECORD
HIGH ORDER BACKLOG OF NOK 3 099 MILLION.
    * COVID-19 SITUATION HAS RESULTED IN CONSIDERABLY INCREASED
UNCERTAINTY AND WILL IMPACT OUR BUSINESS
    * MULTICONSULT ASA Q1 EBIT NOK 117.5 MILLION VERSUS NOK 92.5
MILLION YEAR AGO
    * MULTICONSULT ASA Q1 NET OPERATING REVENUE NOK 993.6
MILLION
VERSUS NOK 944.2  MILLION YEAR AGO

Source text for Eikon:  ID:nWkr5cmJmK 
Further company coverage:  MULTIC.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.