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AF AB (AFb.ST)

AFb.ST on Stockholm Stock Exchange

187.70SEK
19 Oct 2018
Change (% chg)

-3.20kr (-1.68%)
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190.90kr
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186.00kr
Volume
71,213
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136,450
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221.00kr
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166.30kr

Latest Key Developments (Source: Significant Developments)

Af acquires P.A.P in Denmark
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - AF AB says::ACQUIRES ENERGY EXPERT P.A.P IN DENMARK.P.A.P HAS ANNUAL SALES OF APPROXIMATELY SEK 60 MILLION.P.A.P WILL BE CONSILIDATED BY THE AF GROUP AS OF OCTOBER 2018.  Full Article

AF Acquires Profil-Bau Industrial Oy In Finland
Monday, 3 Sep 2018 

Sept 3 (Reuters) - AF AB ::ÅF ACQUIRES PROFIL-BAU INDUSTRIAL OY IN FINLAND.SAYS COMPANY HAS ANNUAL SALES OF SEK 60 MILLION AND 70 EMPLOYEES.  Full Article

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