Afry AB (OSTO:AFRY)
kr 102.8 -0.70 (-0.68%) Market Cap: 11.64 Bil Enterprise Value: 17.74 Bil PE Ratio: 14.73 PB Ratio: 0.91 GF Score: 80/100

Q4 2024 Afry AB Earnings Call Transcript

Feb 7, 2025 / 09:00 AM GMT
Release Date Price: kr199 (+10.31%)

Key Points

Positve
  • Afry AB (FRA:B3Y1) delivered stable performance in 2024 despite a less favorable market environment.
  • The company maintained a strong global position in key segments, confirmed by the ENR global ranking.
  • The energy division experienced strong growth, driven by large industrial investments in energy transition.
  • Afry AB (FRA:B3Y1) increased its order backlog by 4% year over year, mainly driven by the energy division.
  • The company ended the year with a strong operating cash flow of 1.3 billion in the fourth quarter, strengthening its financial position.
Negative
  • The real estate market and pulp and paper segments faced challenges, impacting sales and profitability.
  • Net sales declined slightly in the fourth quarter compared to the same period last year.
  • The process industry reported a decline in sales and profitability due to low demand in the pulp and paper segment.
  • The utilization rate was impacted by the new Agency Work Act, affecting industrial and digital solutions.
  • The company faces operational complexities due to a broad portfolio, which it aims to streamline for improved efficiency.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AFRY.ST - Afry AB
Q4 2024 Afry AB Earnings Call
Feb 07, 2025 / 09:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and warm. Welcome to Ari's earnings call for the fourth quarter, 2024.

My name is Linda Paulson and I am the new CEO here at Afry.

And while I assumed this position only a few weeks ago, I have a long background within Afry most recently. From heading our energy division with me today, we will have both Sandstrom our CFO and we will present both the fourth quarter and full year results of 2024.

I will also take the opportunity to share some insight about this next chapter on the a free history which we are now entering and I will come back to that later in the presentation and of course, we will have a Q&A session in the end and you will have the opportunity to ask your questions with that said, then I would like
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