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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.
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Pre-close call presentation summary26 Jun, 2026

Financial performance and growth

  • Achieved 7% organic growth in Q1 2026, adjusted for calendar effects.

  • Adjusted EBITA margin reached 12.9% in Q1 2026, up from 12.7% the previous year.

  • Billing ratio improved to 72.7% from 71.5% year-over-year.

  • Net finance expected to be around NOK -20m in upcoming quarters.

  • Quarterly performances are influenced by seasonality and number of working days.

Market outlook and operational updates

  • Overall market expected to remain stable, but with uncertainty due to international politics.

  • Private market for Buildings & Architecture remains slow, with geopolitical risks tempering positive trends.

  • Infrastructure demand expected to stay stable, aligned with public spending.

  • High activity anticipated in the energy sector, while other industries may see mixed developments.

  • Proactive measures will continue to improve profitability and efficiency.

Strategic initiatives and reminders

  • Estimated positive calendar effect of NOK +82m for Q2 2026 compared to last year.

  • Integration of AAJ Group activities ongoing through Q2.

  • Employee share program distributed 2,713,357 shares from treasury in June 2026.

Profitability measures in slow private markets
Geopolitical impact on industry segment demand
Drivers of the NOK 82m Q2 calendar effect
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