As a result of intense focus on operational efficiency and cost reductions over the past 12 months, Multiconsult managed to boost EBIT margins from 3.1% in 2019 to 10.1% in 2020. Following 3 years with decelerating top-line growth and disappointing profitability (2017-2019), momentum seems strong across the business heading into 2021. With a strong balance sheet and restored profitability, the company is once again ready to focus on profitable growth.
18 Feb 2021
From headache to hero in less than a year
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From headache to hero in less than a year
Multiconsult ASA (MULTI:OSL) | 0 0 0.0%
- Published:
18 Feb 2021 -
Author:
Carl Frederick Bjerke -
Pages:
18 -
As a result of intense focus on operational efficiency and cost reductions over the past 12 months, Multiconsult managed to boost EBIT margins from 3.1% in 2019 to 10.1% in 2020. Following 3 years with decelerating top-line growth and disappointing profitability (2017-2019), momentum seems strong across the business heading into 2021. With a strong balance sheet and restored profitability, the company is once again ready to focus on profitable growth.