(Información remitida por la empresa firmante)
The positive trend and strong market development for Multiconsult’s services has continued throughout the quarter. Market outlook is still considered good – uncertainty increased compared to previous quarter. The pipeline of upcoming projects is still considered strong, however we are experiencing a slight reduction in market opportunities. We expect somewhat lower investment levels in parts of our markets leading to increased competition and pressure on margins. The general economy landscape in our markets is impacted by elevated inflation rates, higher interest rates and energy supply risk for our stakeholders that may impact our business negatively as projects may be cancelled or postponed. At the same time the energy supply risk generates opportunities and Multiconsult is expected to benefit from the expanding market associated with the green shift and the rising demand for sustainable solutions – from all stakeholders. Overall and supported by a diversified portfolio of ongoing projects and an all-time high order backlog, Multiconsult is well-positioned going forward.For a full review of outlook and report, please refer to our second quarter and first half result 2023 report.
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Presentations today 23 August 2023:
Participants are invited to attend the Norwegian presentation that will be held at Hotel Continental, Stortingsgata 24/26, Oslo, at 08:30 (CEST).
The results will also be presented through a live webcast: In Norwegian at 08:30 and in English presentation at 09:30. Participants will have the opportunity to submit questions online throughout the webcast sessions.
The Norwegian presentation at 08:30 can be accessed at: https://channel.royalcast.com/landingpage/hegnarmedia/20230823_2/
The English presentation at 09:30 can be accessed at:
https://channel.royalcast.com/landingpage/hegnarmedia/20230823_3/
Live webcasts, complete report, presentation and a recording of the webcast will be available on https://www.multiconsult-ir.com and https://newsweb.oslobors.no/
For further information, please contact:
Investor relations:
Ove B. Haupberg, CFO
Phone: +47 401 00 900
E–mail: oveb.haupberg@multiconsult.no
Media:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E–mail: gaute.christensen@multiconsult.no
The following files are available for download:
View original content:https://www.prnewswire.co.uk/news-releases/multiconsult–good-quarter-with-strong-organic-growth-and-result-301907717.html