Multiconsult ASA (DE:3MC) has released an update.
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Multiconsult ASA reported a strong second quarter in 2024 with considerable growth, where net operating revenues increased by 23.5% to NOK 1.425 billion, and EBITA jumped to NOK 185.7 million, marking a significant improvement compared to the previous year. The company’s billing ratio reached a record high of 73.8%, contributing to the solid financial results, while the order backlog remained strong at NOK 4.943 billion. Despite uncertainties, the market outlook looks stable, with high activity levels expected to continue, especially in sectors related to infrastructure and green transitions.
For further insights into DE:3MC stock, check out TipRanks’ Stock Analysis page.