Multiconsult ASA (OSE: MULTI) - Strong fourth quarter and record high full year results
STOCKHOLM, Feb. 17, 2021 /PRNewswire/
Multiconsult has seen strong improvements and continued profitability through the year, including a strong fourth quarter with an EBIT of NOK 83.0 million (8.6% margin). Net revenues for 2020 increased to NOK 3 661 million, an increase of 6.6% compared with 2019. The full year EBIT was NOK 371.0 million (10.1% margin) compared with NOK 106.3 million (3.1%) in 2019. The EBIT, ex. restructuring cost, was NOK 401.0 million (11.0% margin). The nextLEVEL improvement programme surpassed its target towards the end of 2020, partially contributing to a significant reduction of operating expenses. Order intake in the quarter was a solid NOK 1 423 million, resulting in an all-time high order backlog of NOK 3 327 million. The board of directors proposes a dividend of NOK 8.00 per share to be paid as ordinary dividend.
Multiconsult ASA (OSE: MULTI) - Strong fourth quarter and record high full year results
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Multiconsult ASA (OSE: MULTI) - Strong fourth quarter and record high full year results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.