AFRY reports continued progress but profitability still ahead
Net sales decreased 2.4% in Q2; EBITA margin stable at 6.7% excluding items affecting comparability.
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Engineering, project management, and advisory services firm
afry.comLast updated
In short: AFRY faced internal leadership departures following a reorganization while expanding its energy and infrastructure projects internationally.
Net sales decreased 2.4% in Q2; EBITA margin stable at 6.7% excluding items affecting comparability.
The merger aims to simplify the group structure and will be effective October 1, 2026. Existing agreements continue unchanged.
It covers IT development, design and QA for Sweden's transmission system, may total SEK 2.3 billion, and starts in Q2 2026 for three years.
AFRY acted as Lenders’ Technical Advisor for the 440MW North Tip solar PV project, congratulating sponsors TotalEnergies, Nextnorth, and banks SMBC, ING, SCB.
Earnings call AFRY delivered Q1 2026 results marked by a record SEK 21.5 billion order backlog (+6.4% YoY), improved EBITDA margin to 7.5% (from 7.1...
The Stockholm Stock Exchange declined for the fourth consecutive day on Wednesday, after having fluctuated around the zero mark for most of the day.
The Stockholm Stock Exchange starts Wednesday's trading downwards.
The technology consultant Afry failed to convince the market with its interim report this time either. Profitability for the second quarter was lower than expected and the stock is falling.
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