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Norconsult (NORCO) investor relations material
Norconsult Pre-close call presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance and growth
Achieved 6% organic growth in Q4 2025, adjusted for calendar effects.
Adjusted EBITA margin reached 9.2% in Q4 2025, reflecting stable profitability.
Strong cash flow from operating activities at NOK 884 million in Q4 2025.
Billing ratio improved to 73.3% in Q4 2025.
Quarterly performance influenced by seasonality and number of working days.
Market outlook and operational updates
Overall market expected to remain stable, with uncertainty from international politics.
Private market for Buildings & Architecture remains slow, but optimism is rising in larger cities.
Infrastructure demand projected to stay stable; energy sector activity remains high.
Mixed development expected in other industries due to geopolitical factors.
Proactive measures underway to improve profitability and efficiency.
Strategic initiatives and integration
Completed acquisition of Metier Group, supporting growth strategy.
Integration of AAJ Group activities continues through Q2 2026.
Estimated calendar effect for Q1 2026 is NOK -66 million compared to the previous year.
- Strong growth, stable margins, and a robust outlook drive continued Nordic expansion.NORCO
Handelsbanken Nordic Small & Mid Cap Seminar presentation11 May 2026 - Strong Nordic consultancy with top market position, robust growth, and a focus on sustainability.NORCO
DNB Real Estate and Construction Conference 2024 presentation8 May 2026 - Strategic focus on resilience, digitalization, and sustainable infrastructure amid evolving scenarios.NORCO
Investor project visit presentation8 May 2026 - Strong Nordic consultancy targets top 3 regional position with stable growth and expanding markets.NORCO
SEB Nordic Seminar presentation8 May 2026 - Nordic leader with strong growth, stable margins, and strategic expansion in key sectors.NORCO
DNB Nordic Small & Medium Enterprises Conference presentation8 May 2026 - Top Nordic consultancy with strong growth, stable margins, and ambitious pan-Nordic expansion.NORCO
Handelsbanken Nordic Small & Mid Cap Seminar presentation8 May 2026 - 5% organic growth and stable outlook, with key M&A and employee share initiatives in focus.NORCO
Pre-Close presentation8 May 2026 - Stable growth and diversified revenue driven by a resilient, low-risk business model.NORCO
DNB Carnegie Small Mid & Cap Conference presentation8 May 2026 - Nordic leader with strong growth, stable margins, and digital innovation across diverse sectors.NORCO
DNB Carnegie Nordic Real Estate & Construction Conference presentation8 May 2026 - Strong growth, stable margins, and strategic expansion drive top-tier Nordic consultancy ambitions.NORCO
ABG Sundal Collier: Infrastruktur Seminarium presentation8 May 2026
Next Norconsult earnings date
Next Norconsult earnings date
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