Norconsult prepares for IPO, to trade on Oslo Bors

This post was originally published on this site

https://i-invdn-com.investing.com/news/LYNXMPEA7D094_M.jpg

Operating from 130 offices across Nordic countries and Poland, Norconsult reported NOK7.5 billion ($685.1 million) in net revenue and NOK741 million in Ebita in 2022, reflecting a 9.9% adjusted Ebita margin. The IPO is intended to foster future growth, development, and strategic opportunities for the company.

The commencement of trading on Oslo Bors is anticipated in November, subject to approvals from Oslo Bors and the Norwegian Financial Supervisory Authority, along with favorable equity capital market conditions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.