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Norconsult (NORCO) investor relations material
Norconsult SEB Nordic Seminar presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Service offerings and project lifecycle
Provides architecture, engineering, project management, and digital solutions for building and construction markets.
Covers the full project lifecycle: planning, design and engineering, execution, and operations/maintenance.
Offers advisory services for both new builds and renovations, with technical supervision and quality control.
Applies technology and digital solutions across all project phases.
Business model and financial performance
Operates a robust, diversified business model with ~35,000 assignments and ~15,000 customers.
80% of operating revenue comes from time & material contracts, 20% from fixed price.
Maintains stable margins with a cost-plus model and index-regulated contracts.
Achieved a 10% net revenue CAGR and 11% adj. EBITA CAGR from 2014 to Q3 2025, with consistent ~10% EBITA margin.
Market position and growth strategy
Holds the leading market position in Norway and demonstrates strong pan-Nordic growth, especially in Sweden and Denmark.
Revenue in Norway reached NOK 7,866m in 2024, with 9% CAGR in Norway, 16% in Sweden, and 14% in Denmark.
Growth strategy balances organic growth (2/3) and M&A (1/3), with strong organic growth rates compared to peers.
M&A is a core strategy, with 78 acquisitions from 2014 to Q3 2025, targeting both generalists and niche competencies.
Focuses on strengthening the No. 1 position in Norway and expanding pan-Nordic offerings.
Next Norconsult earnings date
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