Multiconsult Asa · OSL:MULTI
Multiconsult Asa — DNB Nordic Small & Medium Enterprises (SME) Conference 2025
22 slides from Multiconsult Asa's conference presentation, Apr 3, 2025
Slide 1: DNB Nordic Small & Medium Enterprises (SME) Conference
DNB Nordic Small & Medium Enterprises (SME) Conference 3 April 2025
Slide 2: Disclaimer
Disclaimer This report includes forward-looking statements, which are based on our current expectations and projections about future events. All statements other than statements of historical facts included in this notice, including statements regarding our future financial position, risks and uncer
Slide 3: This is the Multiconsult Group
This is the Multiconsult Group Segments Business areas Sector balanced portfolio (share of net operating revenues FY 2024) (share of operating revenues FY2024) (share of operating revenues FY 2023) > 5 500 clients > 15 000 projects 8% 12% 14% 37% 37% 24% 49% 51% > 45 countries > 3 900 employees 41%
Slide 4: Highlights and key figures
Highlights and key figures 2024 Amounts in NOK million except EPS and percentage. Figures in brackets are comparative figures for 2023 NET OPERATING EPS EBITA REVENUES 5 384 523.4 15.11 12.1% y-o-y Margin 9.7% Earnings per share NOK 15.11 (11.56) Net operating revenues up 12.1 per EBITA of NOK 523.4
Slide 5: Highlights 2024
Highlights 2024 • Strengthened market position through awarded contracts and acquisition • Stabile demand for our services • Solid profitability • Stable operational performance • High sales activity • All time high billing ratio • Strong organic growth • Maintained position as attractive employer •
Slide 6: Highlights 2024
Highlights 2024 Main project wins: • Hauglifjell water treatment plant • Regionshospitalet Randers in Denmark • Contract to enhance railway capacity of Vossebanen and Bergensbanen lines in western Norway • Several contracts and framework agreements to the Norwegian Defence Estates Agency • Electrifi
Slide 7: Financial highlights | FY 2024
Financial highlights | FY 2024 Consolidated key figures NOK million FY 2024 FY 2023 Change Net operating revenues 5 383.6 4 802.5 12.1% EBITA ─ Net operating revenues increased to NOK 5 383.6 million 523.4 419.5 24.8% EBITA margin % (4 802.5), a y-o-y growth of 12.1% 9.7% 8.7% 1.0pp EBITA adj. 492.1
Slide 8: It is all about people
It is all about people Strong satisfaction & Diversity and inclusion a Attractive employer position engagement Co-ownership continuous priority 2024 Universum ranking (Multiconsult Norge) eNPS ranking Share of employees that are co-owners Gender balance Top 5 31 Benchmark ranking Professionals 26 >8
Slide 9: We stand at multiple crossroads
We stand at multiple crossroads Geopolitical dynamics Climate change and adaptation Technological disruption A fragmented geopolitically tense economy Climate change and environmental Fast forward disruption with the onset of coupled with expanding governmental degradation posing disruptive dynamics
Slide 10: An outlook that translates to significant growth drivers
An outlook that translates to significant growth drivers Accelerated energy transition in the EU Urbanisation in the Nordics Climate change +62% +8% ~9x 1.2 EURbn 26 million 10 769 USDbn 24 million 0.8 EURbn 1 265 USDbn 2011-2020 avg. 2021-2030 avg. 2023 2040 2021/2022 2050 Accelerated investments
Slide 11: We have a robust platform for profitable growth
We have a robust platform for profitable growth Growing as Gaining scale Stabilising and optimising Profitable growth multidisciplinary +10% 5.4 Net operating 4.8 revenues (NOKbn) +11% 4.2 3.7 3.8 3.3 3.4 3.0 2.6 2.2 2.0 1.8 1.6 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EBITA
Slide 12: Target: Profitability
Target: Profitability EBITA Margin* 500 11 450 10 10% 400 9 EBITA adj. margin % 350 8 7 NOK million 300 6 250 5 200 *measured on an annual basis, exclusive 4 extraordinary items 150 3 100 2 50 1 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EBITA adj. EBITA adj. marg
Slide 13: Ambition: Revenue growth
Ambition: Revenue growth 5 500 +12% 5 000 From 2025 to 2030 4 500 +11% An ambition of CAGR 4 000 8-10% revenue growth 3 500 NOK million over the cycle, including M&A 3 000 2 500 2 000 1 500 1 000 500 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Net operating revenues
Slide 14: Target: Gearing and equity
Target: Gearing and equity Gearing ratio Maintain financial strength Normal: 1.0 - 2.0x Taking into consideration: Max 2.5 x • Financial position and balanced loan portfolio Special: 3.0x up to 18 months • Expected organic investment requirements, M&A considerations • Seasonal change in working capi
Slide 15: We set high ambitions for where and how to grow
We set high ambitions for where and how to grow Long-term, sustainable and profitable development Projects Positions Markets 1 2 3 4 5 Developing position in Expanding our position Driving urban Safeguarding Increasing our impact complex and large as preferred partner in transformation and biodivers
Slide 16: Competitive strength
Profitable long-term growth while strengthening our competitive position Strategic ambitions summary Expanding our position across geographies and market opportunities 5 Increasing our impact in the Nordics and Poland Competitive strength Enabling the green transition 4 Safeguarding biodiversity and
Slide 17: M&A a lever for growth and value creation
M&A a lever for growth and value creation Strategic priorities Criteria Expanding our M&A criteria presence Strong alignment with strategic goals Poland Expand capabilities and Cultural fit and committed leadership position Financial stability Ability to create value through our culture, cap
Slide 18: Target: Sustainability
Target: Sustainability Multiconsult Group is committed to contribute to the achievement of the Sustainable Development Goals, the Paris Agreement and the achievement of national climate reduction targets, agreements for nature preservation and climate adaptation. Sustainability targets own operation
Slide 19: Our strategic ambitions
Our strategic ambitions Strategic ambitions summary 1 2 3 4 5 Developing our position Expanding position as Driving urban Safeguarding Increasing our impact in complex and large preferred partner in the transformation and biodiversity and in the Nordics and projects energy transition development cli
Slide 20: How we will get there
How we will get there Clients Industry Climate & Environment Colleagues The Unknown We enable value- We shape the industry as We develop sustainable We create an We challenge the creating projects – an integrating player solutions environment where established and innovate linking our success to com
Slide 21: What we have done, is what we are. What we do, is what we become
What we have done, is what we are. What we do, is what we become
Slide 22: Think Beyond
Multiconsult — DNB Nordic Small & Medium Enterprises (SME) Conference 2025 on 6ix