AFRY AB Class B Reports Q1 2025 Performance

AFRY AB Class B ( (AFXXF) ) has released its Q1 earnings. Here is a breakdown of the information AFRY AB Class B presented to its investors.

AFRY AB Class B, a company specializing in engineering, design, digital, and advisory services, operates primarily in the industry, energy, and infrastructure sectors with a focus on sustainable solutions. In the first quarter of 2025, AFRY reported a slight decline in net sales by 2.1% to SEK 6,749 million, with an EBITA margin of 6.8%, down from 8.4% in the previous year. The company faced challenging market conditions in some segments, but saw strong demand in its energy and transport infrastructure solutions. AFRY’s order backlog increased by 4% from the previous quarter, reaching SEK 20.2 billion, supported by new projects such as an automated forest plant production facility and an offshore wind farm design contract. The company is undergoing a structural reorganization to focus on three global divisions: Energy, Industry, and Transportation & Places, aiming to improve profitability and operational efficiency. Looking ahead, AFRY remains committed to achieving profitable growth by leveraging its core strengths in engineering and advisory services, while adapting to evolving market demands.