Q1 2025 Afry AB Earnings Call Transcript

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Apr 24, 2025

Apr 24, 2025 / 10:00AM GMT
Linda Palsson - Afry AB - Executive Vice President, Head of Division Energy

Hello, everyone, and a warm welcome to AFRY's presentation of the Q1 results for 2025. I am Linda Palsson. I'm the CEO of AFRY, and I will present the quarter here today, together with our CFO, Bo Sandstrom. After the call, we will, as always, open up for questions. So make sure to join us in the quarter.

Okay. To summarize then the first quarter, we had a rather modest start to the year, with a slight decline in sales and profitability that was pressured in some of our divisions. These results reflect the market we experience, but it also underline the need for structural measures going forward. The slight decline in sales was mainly due to weak market in parts of our division, Industrial & Digital Solutions and Process Industries. This was partly offset by a strong growth in the Energy division, where we continue to see good demand driven by the energy transition.

The order backlog was solid, and it increased by 4% sequentially adjusted for currency effect. And I am very glad to see that we continue to win

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