OSLO, Norway, May 8, 2024 /PRNewswire/ -- Multiconsult ASA (OSE: MULTI) Multiconsult delivered a strong first quarter, continuing the positive development with high activity and good operational performance. The first quarter EBITA came in at NOK 136.8 million (216.3), equal to an EBITA margin of 10.0 per cent. The performance was influenced by high activity, with a billing ratio of 73.5 per cent, 2.5 percentage points higher than the comparable quarter last year. Net operating revenues grew by 4.3 per cent to NOK 1 366.9 million, the organic revenue growth was 9.8 per cent adjusted for the calendar effect. There was an impact of six fewer working days compared to the same period last year, with an estimated negative effect of NOK 113.7 million on net operating revenues and EBITA. The order intake was solid at NOK 1 847 million resulting in an order backlog of NOK 5 086 million.      FIRST QUARTER 2024 Good quarter with high order Net operating revenues increased by 4.3 per cent to NOK 1 366.9 million (1 310.2) The organic revenue growth adjusted for the calendar effect was 9.8 per cent EBITA of NOK 136.8 million (216.3), equal to an EBITA margin of 10.0 per cent (16.5) Net revenues and EBITA impacted negatively by NOK 113.7 million from the calendar effect compared with Q1 2023 Significantly improved billing ratio of 73.5 per cent (71.0), up 2.5pp Solid order intake of NOK 1 847 million (2 573) Order backlog of NOK 5 086 million (4 654) Full-time equivalents (FTE) increased by 9.9 per cent, to 3 550 (3 230) Net profit of NOK 95.5 million (158.1) Earnings per share NOK 3.52 (5.76) The overall market outlook remains stable intake, strong operational performance and results EXTRACT OF COMMENTS FROM CEO, GRETHE BERGLY: Multiconsult started the year with a strong quarter, continuing the momentum from the end of 2023.  Delivering a good result and solid figures on order intake, organic growth, and general overall good operational performance. The performance was influenced by high activity, with a billing ratio ...