Brief: Multiconsult Says Market Uncertainty Increases

Multiconsult ASA

23/08/2023 06:09

Aug 23 (Reuters) - Multiconsult ASA  MULTI.OL :
    * POSITIVE TREND AND STRONG MARKET DEVELOPMENT FOR
MULTICONSULT'S
SERVICES HAS CONTINUED THROUGHOUT QUARTER
    * MARKET OUTLOOK IS STILL CONSIDERED GOOD - UNCERTAINTY
INCREASED
COMPARED TO PREVIOUS QUARTER
    * PIPELINE OF UPCOMING PROJECTS IS STILL CONSIDERED STRONG,
HOWEVER WE ARE EXPERIENCING A SLIGHT REDUCTION IN MARKET
OPPORTUNITIES
    * EXPECT SOMEWHAT LOWER INVESTMENT LEVELS IN PARTS OF OUR
MARKETS
LEADING TO INCREASED COMPETITION AND PRESSURE ON MARGINS
    * IS EXPECTED TO BENEFIT FROM EXPANDING MARKET ASSOCIATED
WITH
GREEN SHIFT AND RISING DEMAND FOR SUSTAINABLE SOLUTIONS - FROM
ALL STAKEHOLDERS

Source text for Eikon:  ID:nWkr6L3Qwn 
Further company coverage:  MULTI.OL 

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