HISTORICALLY STRONG YEAR FOR BOUVET

18 Feb 2025 07:00 CET

Oslo, 18 February 2025: Bouvet had operating revenues of NOK 1 026 million for
the fourth quarter of 2024, compared with NOK 969.7 million in the same period
of last year. Operating profit (EBIT) came to NOK 118.9 million, compared with
NOK 106.3 million in the fourth quarter of 2023.

The 2024 operating revenues increased 11.2 per cent to NOK 3 921.4 million. For
the same period, the operating profit ended at NOK 490.4 million, compared with
NOK 407 million last year.

“The fourth quarter marks the end of a historically good year for Bouvet. Never
before have we had more employees, delivered such substantial revenues or
achieved such profitable growth. The year can only be summarised as one of our
strongest ever,” says Per Gunnar Tronsli, CEO of Bouvet ASA.

Bouvet’s operating costs, including depreciation, came to NOK 907.1 million for
the fourth quarter, compared with NOK 863.4 million in the same period of 2023.


The EBIT margin for the fourth quarter of 2024 was 11.6 per cent, compared with
11 per cent in the fourth quarter last year.

Net profit came to NOK 96.4 million, compared with NOK 88.3 million for the
fourth quarter of 2023. Diluted earnings per share were NOK 0.93 for the
quarter, compared with NOK 0.85 in the same period of last year.

Further information from
Per Gunnar Tronsli, CEO, Bouvet ASA, tel +47 900 20 622
Steffen Garder, CFO, Bouvet ASA, tel +47 930 99 940

Bouvet ASA in brief
Bouvet is a leading consultancy in the field of IT and digital communication. We
support both private- and public sector players with digitalisation, and help
them to meet the challenges and exploit the opportunities presented by new
technology. At the end of the quarter, it had 2 360 employees at 16 offices in
Norway and Sweden.

The company is listed on the Oslo Stock Exchange with the ticker code BOUV.

More information:
Access the news on Oslo Bors NewsWeb site

638989_Bouvet Q4 2024 EN.pdf
638989_Bouvet Q42024 presentation.pdf