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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 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.
- Q3 2025 saw strong growth, higher margins, and major acquisitions strengthening project management.NORCO
Q3 20259 Jul 2026 - Q3 2024 saw strong growth and margins, with robust order book and resilient public sector demand.NORCO
Q3 20248 Jul 2026 - NOK 1.43bn acquisition strengthens Nordic infrastructure leadership and delivers synergies.NORCO
M&A Announcement8 Jul 2026 - Nordic market leader combining organic and M&A growth, stable margins, and AI-driven innovation.NORCO
Investor presentation11 Jun 2026 - Top Nordic consultancy with strong growth, digital expertise, and stable financial performance.NORCO
Nordic Small & Mid Cap Seminar 2026 presentation11 Jun 2026 - Revenue up 14%, margin at 12.9%, and robust order book driven by major project wins.NORCO
Q1 202612 May 2026 - 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
Next Norconsult earnings date
Next Norconsult earnings date
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