The growth continued in the fourth quarter with an 11 percent growth compared with the same quarter last year. Organic growth was 7 percent. Adjusted EBITA margin was 9.0 percent in the quarter, down from 9.9 percent the same quarter last year.
Highlights Q4 2023
- Solid growth in income after external project costs of 11 percent to
NOK 2 333 million (2 110) - No calendar effect for the quarter compared with Q4 2022
- Organic growth of 7 percent
-
Adj. EBITA increased to
NOK 209 million (208) with an adj. EBITA margin of 9.0 percent (9.9) -
IPO costs of
NOK 59 million (0) and employee share program 2023 (gift shares) ofNOK 43 million (95) is excluded from adj. EBITA -
Net profit of
NOK 74 million (56) -
Ordinary earnings per share
NOK 0.26 (0.20)
Highlights FY 2023
- Solid growth in Income after external project costs of 13 percent to
NOK 8 494 million (7 493) -
Calendar effect of
NOK 34 million due to one less working day in 2023 compared to last year - Organic growth of 10 percent adjusted for calendar effects
-
Adj. EBITA increased to
NOK 810 million (741) with an adj. EBITA margin of 9.5 percent (9.9) - Adj. EBITA margin adjusted for calendar effects of 9.9 percent (9.9)
-
IPO costs of
NOK 76 million (0) and employee share program 2023 (gift shares) ofNOK 41 million (95) is excluded from adj. EBITA -
Net profit of
NOK 516 million (454) -
Ordinary earnings pr share
NOK 1.83 (1.58) -
The Board of Directors propose a dividend of
NOK 1.20 per share for 2023
Comments from CEO
"
2023 was an eventful year for
Outlook
The increased inflation, higher interest rates and market uncertainties continue to influence
For detailed information, please see the attached report and presentation.
--
The report and presentation will be made available on Tuesday
The Company will present the results at
A live webcast will be available at: https://videoforweb.aventia.no/embed/live/293?cameraId=2
In addition to questions from the audience, we will open up for questions sent to IR@norconsult.com with subject "Question Q4 presentation". Please note that questions from the audience will be prioritised in the event of time constraints.
For further information:
Investors:
Media:
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
https://news.cision.com/norconsult-asa/r/norconsult-asa-q4-and-full-year-2023---continued-solid-performance,c3931503
https://mb.cision.com/Main/22326/3931503/2614683.pdf
https://mb.cision.com/Public/22326/3931503/a97e833d1bab4be0.pdf
(c) 2024 Cision. All rights reserved., source