Multiconsult's Third Quarter Performance
Multiconsult ASA (OSE: MULTI) has recently announced its financial performance for the third quarter of 2025, showcasing a consistent trajectory despite an increasingly competitive market. In this challenging environment, the company achieved a net operating revenue growth of 4.2% which reached NOK 1,196.4 million, with an adjusted organic growth rate of 6.7%. This performance reflects the strong demand for their services.
Financial Highlights
The adjusted EBITA for the quarter stood at NOK 62.1 million, translating to a margin of 5.2%. For the year to date, total EBITA has accumulated to NOK 319.9 million, with a year-to-date margin of 7.7%. Comparatively, the previous year's third quarter results included a significant settlement payment from a client related to a contractual dispute, which temporarily inflated revenue figures. Excluding this one-off event, the EBITA shows a decrease of 9.6 million NOK when compared year-over-year.
Market Dynamics
Despite operating in a competitive landscape, Multiconsult experienced high activity across several segments. However, a slow start on larger framework agreements and increasing market uncertainty put pressure on margins. The company's billing ratio decreased slightly to 70.1%, which is 1.1 percentage points lower than the same quarter last year. Order intake was NOK 1,205 million, resulting in an order backlog of NOK 4,316 million. The company’s recent share purchase agreement for acquiring the ViaNova group signifies its commitment to strategic growth, with the deal anticipated to close soon.
Year-to-Date Overview
Looking at the results from January to September 2025, Multiconsult reported a total net operating revenue of NOK 4,135.7 million, reflecting a year-over-year growth of 5%. The adjusted EBITA for this period amounts to NOK 319.9 million with a margin of 7.7%. The company's total net profit has been reported at NOK 213.9 million, representing a decrease compared to the previous year.
Leadership Insight
In the announcement, CEO Grethe Bergly noted the robust demand for Multiconsult’s services, supported by new framework agreements that resonate with the company’s strategic direction. She emphasized the importance of addressing ongoing challenges, particularly in improving the billing ratio and managing costs. Bergly expressed commitment to steering the company back to success, highlighting the dedication of over 4,000 employees as a solid foundation for future growth.
Future Focus
Multiconsult is determined to enhance its competitive stance by concentrating on sales and project execution. The acquisition of ViaNova is expected to unlock new opportunities and expand its service offerings. As the market landscape evolves, the company remains focused on adapting and addressing the changing dynamics while continuing to deliver valuable solutions to its clients.
Frequently Asked Questions
What are the key financial results for Q3 2025?
Multiconsult reported net operating revenues of NOK 1,196.4 million with an adjusted EBITA of NOK 62.1 million and a margin of 5.2%.
How did the year-to-date performance compare to last year?
The year-to-date revenues reached NOK 4,135.7 million with growth of 5%, but were impacted by previous one-off settlements.
What challenges is Multiconsult facing?
Rising costs and an increasingly competitive market pose challenges for Multiconsult, affecting margins and billing ratios.
What strategic moves is Multiconsult planning?
The company aims to strengthen its sales and project execution strategies while focusing on improving billing ratios and reducing costs.
Who is the CEO of Multiconsult?
The CEO is Grethe Bergly, who has emphasized the importance of the workforce in driving the company’s strategic ambitions.
