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AF AB (AFb.ST)

AFb.ST on Stockholm Stock Exchange

202.20SEK
21 Jun 2018
Change (% chg)

-0.20kr (-0.10%)
Prev Close
202.40kr
Open
202.20kr
Day's High
205.60kr
Day's Low
201.40kr
Volume
133,473
Avg. Vol
122,584
52-wk High
208.60kr
52-wk Low
166.30kr

Latest Key Developments (Source: Significant Developments)

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

AF Q2 operating profit beats forecast
Wednesday, 13 Jul 2016 

AF (ÅF): Q2 operating profit, excluding items affecting comparability, totalled SEK 284 million (225) . Q2 operating profit totalled SEK 281 million (260) . Q2 net sales amounted to SEK 2,942 mln (2,589) . Q2 sales were seen at 2,874 million SEK, op profit at 275 million SEK .Says cost-cutting programme resulted in restructuring costs of SEK 25 million during quarter.  Full Article