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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.Q2 operating performance
Organic growth 6%, adjusted for calendar effects; adjusted EBITA margin 6.2%, also adjusted for calendar effects.
Billing ratio 73.8% YTD.
Market outlook
Overall market expected to remain stable, with continued uncertainty from geopolitical conditions.
Infrastructure demand expected to remain stable, in line with public spending plans; private Buildings & Architecture market expected to continue at current levels.
Energy activity expected to remain high; other industry segments face a more mixed outlook, with geopolitical factors potentially delaying investment decisions in some markets.
Q3 operating factors
Estimated calendar effect of NOK +17m versus Q3 2025.
Annual salary adjustments in Norway take effect from July; new graduates start in August and September.
- Strong growth and stable profitability in Q2 2026, with record orders and resilient demand.NORCO
Q2 2026 - 7% organic growth and 12.9% EBITA margin highlight strong Q1 2026 performance.NORCO
Pre-close call presentation - Nordic market leader combining organic and M&A growth, stable margins, and AI-driven innovation.NORCO
Investor presentation - Top Nordic consultancy with strong growth, digital expertise, and stable financial performance.NORCO
Nordic Small & Mid Cap Seminar 2026 presentation - Revenue up 14%, margin at 12.9%, and robust order book driven by major project wins.NORCO
Q1 2026 - Targets top-three Nordic position with above-market growth, digital innovation, and strong margins.NORCO
CMD 2025 - Q3 2025 saw strong growth, higher margins, and major acquisitions strengthening project management.NORCO
Q3 2025 - Q3 2024 saw strong growth and margins, with robust order book and resilient public sector demand.NORCO
Q3 2024 - NOK 1.43bn acquisition strengthens Nordic infrastructure leadership and delivers synergies.NORCO
M&A Announcement
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