Multiconsult reported Q4/25 adj. EBITA of NOK 93m vs cons. at NOK 96mBilling ratio of 71.7%, down 0.8p.p. from 72.5% in Q4/24Revenues 2% lower than consensus expectations, cost slightly betterWe expect moderate revisions to estimates
10 Feb 2026
Arctic FLASH: Multiconsult - Solid backlog, but outlook highlights margin pressure
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Arctic FLASH: Multiconsult - Solid backlog, but outlook highlights margin pressure
Multiconsult reported Q4/25 adj. EBITA of NOK 93m vs cons. at NOK 96mBilling ratio of 71.7%, down 0.8p.p. from 72.5% in Q4/24Revenues 2% lower than consensus expectations, cost slightly betterWe expect moderate revisions to estimates