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AF AB (AFb.ST)

AFb.ST on Stockholm Stock Exchange

211.80SEK
21 Aug 2018
Change (% chg)

-0.80kr (-0.38%)
Prev Close
212.60kr
Open
210.00kr
Day's High
214.60kr
Day's Low
210.00kr
Volume
141,816
Avg. Vol
148,293
52-wk High
221.00kr
52-wk Low
166.30kr

Latest Key Developments (Source: Significant Developments)

AF Q2 Operating Profit Tops Forecast
Friday, 13 Jul 2018 

July 13 (Reuters) - AF AB ::Q2 NET SALES AMOUNTED TO SEK 3,608 MILLION.Q2 EBIT (OPERATING PROFIT) WAS SEK 353 MILLION (273).REUTERS POLL: AF Q2 SALES SEEN AT SEK 3,487 MILLION, OP PROFIT AT SEK 337 MILLION.Q2 EBITA MARGIN, EXCLUDING ITEMS AFFECTING COMPARABILITY, WAS 10.2 PERCENT (9.4).SAYS GENERAL MARKET TREND AND DEMAND WERE GOOD IN Q2 AND REMAINED LARGELY UNCHANGED COMPARED WITH PREVIOUS QUARTER.  Full Article

AF Buys Swiss Engineering Group LBP
Thursday, 12 Jul 2018 

July 12 (Reuters) - AF AB ::ÅF ACQUIRES ELECTRONICAL ENGINEERING COMPANY LBP IN SWITZERLAND.LBP HAS 17 EMPLOYEES BASED IN SWITZERLAND AND NET SALES OF APPROXIMATELY 24 MILLION SEK IN 2017.COMPANY WAS CONSOLIDATED IN ÅF AS PER JULY 2018.  Full Article

AF acquires Norway's Mometo
Friday, 8 Jun 2018 

June 8 (Reuters) - AF AB ::AF ACQUIRES THE DIGITAL ADVISOR MOMETO IN NORWAY.SAYS COMPANY HAS AN ANNUAL TURNOVER OF SEK 38 MILLION AND 14 EMPLOYEES BASED IN TRONDHEIM.  Full Article

AF acquires Gottlieb Paludan Architects
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - AF AB ::SAYS ‍COMPANY HAS AN ANNUAL TURNOVER OF APPROXIMATELY SEK 140 MILLION AND 90 EMPLOYEES BASED IN COPENHAGEN​.SAYS ‍SYNERGIES ARE EXPECTED WITH AF'S CURRENT BUSINESSES WITHIN ARCHITECTURE AND DESIGN, INFRASTRUCTURE AND ENERGY​.AF ACQUIRES GOTTLIEB PALUDAN ARCHITECTS, COPENHAGEN.  Full Article

Sweden's AF sales, EBIT narrowly miss forecast in Q3
Monday, 23 Oct 2017 

Oct 23 (Reuters) - AF AB :AF AB Q3 ‍NET SALES AMOUNTED TO SEK 2,662 MILLION VS YR-AGO 2,348 MILLION.Q3 ‍EBIT (OPERATING PROFIT) SEK 125 MILLION​ VS YR-AGO 162 MILLION.REUTERS POLL: AF Q3 SALES WERE SEEN AT SEK 2,705 MILLION, OP PROFIT AT SEK 130 MILLION.SAYS ‍WE SEE OPPORTUNITIES TO FURTHER IMPROVE PROFITABILITY​.SAYS ‍ASSESSMENT OF MARKET IS LARGELY UNCHANGED COMPARED WITH PREVIOUS QUARTER​.  Full Article

AF says revises financial targets, presents new strategy
Monday, 9 Oct 2017 

Oct 9 (Reuters) - AF :AF presents new strategy, revised financial targets and new organisational structure.Says ‍will continue to grow in its core markets Sweden, Norway, Denmark, Finland, Switzerland and Czech republic​.Says ‍financial targets are being reformulated to apply over a business cycle, specifically​.Says targets ‍annual growth of 10 pct. Target includes add-on acquisitions. Larger platform acquisitions will be added on top​.Says ‍targets EBITA 10 pct over a business cycle​.Says targets ‍net debt in relation to EBITDA (net debt/EBITDA) of 2.5.Starting 1 January 2018 as previously communicated, AF will establish a new, simplified organisation with four international divisions: Infrastructure, Industry, Digital Solutions and Energy.The divisions will in turn consist of 21 business areas with full P&L accountability, and responsibility for implementing the new strategy​.  Full Article

Sweden's AF says acquires remaining shares in AF Reinertsen
Wednesday, 5 Oct 2016 

AF AB : Says acquires remaining shares in AF Reinertsen AS . Says earlier this year, AF and the Norwegian engineering and consulting company Reinertsen merged their operations in infrastructure, construction and installation in a joint venture .Says is now taking the next step and is acquiring 100 pct of the company.  Full Article

AF says acquires Ingenjorsprojekt Sverige
Monday, 5 Sep 2016 

AF : AF acquires Ingenjorsprojekt Sverige .Says has acquired Ingenjorsprojekt with over 60 employees.  Full Article

AF says acquires consultancy Sjoland&Thyselius
Thursday, 1 Sep 2016 

AF : Acquires 100 pct of the shares in the defence and technical management consultancy Sjoland&Thyselius . Says net sales in 2015/2016 (split financial year) were SEK 78 million .The company has 50 employees.  Full Article