Slide 1: First quarter 2024 results
First quarter 2024 results Grethe Bergly, CEO | Ove B. Haupberg, CFO 8 May 2024 The Hurtigruten Museum, Stokmarknes Photo: Kolbjørn Hoseth Larssen multiconsult-ir.com
Slide 2: Introduction and highlights
Introduction and highlights GRETHE BERGLY | CEO multiconsult-ir.com
Slide 3: Disclaimer
Disclaimer This report includes forward-looking statements, which are based on our current expectations and projections about future events. All statements other than statements of historical facts included in this notice, including statements regarding our future financial position, risks and uncer
Slide 4: Key figures 1Q 2024
KEY FIGURES | 1Q 2024 NET OPERATING EBITA REVENUES 1 367 136.8 NOK million NOK million 4.3% y-o-y EBITA margin 10.0% BILLING ORDER RATIO INTAKE 73.5 1 847 per cent NOK million 2.5pp y-o-y -28.2% y-o-y In the first quarter 2023 an order intake, of NOK 1 070 million was for the new Rikshospitalet and
Slide 5: Improved performance
IMPROVED PERFORMANCE • Increased net operating revenues and strong organic growth • Good result with overall good operational performance • High activity with improved billing ratio • Stabile demand for our services • Good sales and a high order backlog Longyearbyen folk high school Photo: Martin Ne
Slide 6: Market & sales
MARKET & SALES LARGE SALES & NEW CONTRACTS ORDER INTAKE MARKET 1Q 2024 • Nordbykollen waste water treatment 2 573 • Order intake in the quarter plant amounted to NOK 1 847 million • Andfjord Salmon 1 847 • High and diversified order NOK million • Hvalheim Housing and service centre 1 467 • Myrdal ra
Slide 7: People & organisation
PEOPLE & ORGANISATION PEOPLE ORGANISATION EXCELLENCE • 3 772 employees, increase of 10.2% • André Teigen has been appointed as • Multiconsult Polska awarded y-o-y new director of business unit West in "Technical Advisor of the Year" in Multiconsult Norway Poland • Full-time equivalents (FTE) • Link
Slide 8: Financial review
Financial review OVE B. HAUPBERG | CFO multiconsult-ir.com
Slide 9: Financial highlights 1Q 2024
FINANCIAL HIGHLIGHTS | 1Q 2024 Consolidated key figures 1Q 2024 1Q 2023 Change FY 2023 NOK million Net operating revenues 1 366.9 1 310.2 4.3% 4 802.5 • Net operating revenues increased to NOK 1 366.9 million (1 310.2), EBITA 136.8 216.3 (36.8%) 419.5 a y-o-y growth of 4.3% EBITA margin % 10.0% 16.5
Slide 10: Financial highlights
FINANCIAL HIGHLIGHTS Net Operating Revenues Billing ratio +4.3% 1 400 5 500 Rolling 12 months +2.5pp 76 1 200 5 000 Net operating revenues 73.5% 74 1 000 Billing ratio 4 500 71.3% 72 71.4% 71.0% Rolling 12 months NOK million 800 1 310 1 367 4 000 70 600 1 138 979 3 500 68 400 200 3 000 66 0 2 500 64
Slide 11: High organic growth
HIGH ORGANIC GROWTH REGION OSLO REGION NORWAY ARCHITECTURE INTERNATIONAL • Net operating revenues • Net operating revenues • Net operating revenues • Net operating revenues decreased by 0.9% increased by 0.4% increased by 14.2% increased by 31.0% • EBITA margin 12.3% • EBITA margin 11.9% • EBITA mar
Slide 12: Financial position
FINANCIAL POSITION • Cash Flow from operations • NOK 152 million (252) 450 • Change in working capital • 1Q NOK 180 million (278) 400 53 • Cash effect acquisition NOK 33 million 350 99 -180 • Net interest-bearing debt 300 • NIBD NOK 298 million NOK million • Gearing ratio 0.87 (NIBD excl. IFRS16, re
Slide 13: Free cash flow
FREE CASH FLOW 669 640 605 547 501 515 503 433 400 409 369 NOK million 334 318 323 309 294 272 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023 2024
Slide 14: Business areas and closing remarks
Business areas and closing remarks GRETHE BERGLY | CEO multiconsult-ir.com
Slide 15: Market structure
MARKET STRUCTURE OPERATING MULTICONSULT BUILDINGS & MOBILITY & ENERGY & WATER & REVENUES GROUP PROPERTIES TRANSPORTATION INDUSTRY ENVIRONMENT 10% 28% 24% % OF TOTAL 38% 1Q 2024 NOK million 1 592 601 452 373 166 Change y-o-y 6% -3% 9% 17% 18%
Slide 16: Market trends: Transformation and urban development
MARKET TRENDS | Transformation and urban development Lilleakerbyen Illustration: A-lab
Slide 17: Transformation and urban development
Transformation and urban development We must create cities where We must create cities that We must reduce greenhouse people thrive and facilitate restore nature, and are in gas emissions for the existing climate-friendly choices balance with natural systems and future built environment
Slide 18: Oslo, Norway
Oslo, Norway Hovinbyen Circular district Oslo Science City Innovation district =% Mee Bispevika Inner harbor district =~ Groénlikaia Filipstad Waterfront district Multiconsult
Slide 19: The office of the future as part of the sustainable city
THE OFFICE OF THE FUTURE AS AN INTEGRATED PART OF THE SUSTAINABLE CITY A typical existing office building ...transformed and rehabilitated into an active and sustainable city office!
Slide 20: Value creation in the blue-green sector
VALUE CREATION IN THE BLUE-GREEN SECTOR
Slide 21: Galleri Oslo
GALLERI OSLO Illustration: A-lab
Slide 22: Urban development
URBAN DEVELOPMENT From this To this Illustration: A-lab
Slide 23: Tromsø Harbour
TROMSØ HARBOUR Strategic plan for the development of the southern part of the Breivika harbour area in Tromsø is being prepared. The objective is to identify the development potential for the entire area of Breivika south, as well as to facilitate the modernisation of quay facilities for sustainable
Slide 24: Outlook
OUTLOOK • Overall market outlook remains stable • Still variations across geographical and business areas • Pipeline of upcoming projects remains robust • Scandinavian architecture market remains challenging with some positive signs • Growth expected in defence, rehabilitation and transformation • W
Slide 25: Financial calendar
FINANCIAL CALENDAR FINANCIAL YEAR 2024 2Q and 1H - 2024 results | 21 Aug 2024 3Q - 2024 results | 06 Nov 2024 The Parkside, Gothenburg, Sweden Ill: Visulent / LINK Arkitektur
Slide 26: Appendix
APPENDIX Torbjørn Bratts veg, Trondheim Illustration: A-lab multiconsult-ir.com
Slide 27: Order backlog 1Q 2024
ORDER BACKLOG | 1Q 2024 5 500 9.3% 5 086 5 000 4 654 Buildings & Properties 4 500 Energy & Industry 4 000 Mobility & Transportation Water & Environment 3 500 NOK million 3 000 2 500 2 000 1 500 1 000 500 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 1Q 1Q 2021 2022 2023 2024 2023 2024 Note: Variations in
Slide 28: Order intake 1Q 2024
ORDER INTAKE | 1Q 2024 2 573 Buildings & Properties Energy & Industry Mobility & Transportation Water & Environment 1 847 1 559 1 572 1 467 1 431 1 381 1 349 NOK million 1 224 1 142 1 080 945 749 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2021 2022 2023 2024 Solar plant at Isfjord Radio, Svalbard Photo:
Slide 29: Financial highlights
FINANCIAL HIGHLIGHTS Region Oslo Region Norway Architecture International Net Operating Revenues Net Operating Revenues Net Operating Revenues Net Operating Revenues +31.0% Net operating revenues Net operating revenues Net operating revenues Net operating revenues 800 800 250 100 +14.2% 700 700 +0.4
Slide 30: Thank you for your attention
THANK YOU FOR YOUR ATTENTION Investor relations in Multiconsult ASA E-mail: IR@multiconsult.no Web: Multiconsult-ir.com
Slide 31: Multiconsult
Multiconsult