Q1 2024 Multiconsult ASA Earnings Call Transcript
Good morning, and welcome to this presentation of the results for Multiconsult for the first quarter 2024. My name is Grethe Bergly, I'm the CEO and with me today is also our CFO Ove Haupberg who will take you through some of the more details in with respect to the figures later on.
These are the KPIs that are the main drivers for the multi-concept business. And as you can see, this good growth both on revenue and in particular the billing ratio, the result is that this is improved performance compared to the first quarter 2023, we have increased the revenue, in particular, driven by a 10% organic growth.
There's a good result overall in the whole group. And we see that there's been high activity in the quarter, which has also then resulted in a significant improvement of the billing ratio. And we see that in the period. There's been a stable demand for our services, and we've had both a good sale and we continue to increase our order backlog.
Looking in more details into the market and sales we have had sales in the
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