AFRY AB Class B ( (AFXXF) ) has released its Q2 earnings. Here is a breakdown of the information AFRY AB Class B presented to its investors.
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AFRY AB Class B is a global engineering, design, and advisory company with a focus on accelerating the transition towards a sustainable society, operating primarily in the industry, energy, and infrastructure sectors. In its latest earnings report for the second quarter of 2025, AFRY reported a decrease in net sales by 7.2% to SEK 6,674 million, with organic growth adjusted for calendar effects at -2.5%. The company faced challenging market conditions, impacting its financial performance. Key financial metrics showed a decline, with EBITA excluding items affecting comparability at SEK 438 million, down from SEK 572 million in the previous year, and earnings per share dropping to SEK 1.71 from SEK 3.33. Despite these challenges, AFRY’s order backlog increased to SEK 20.7 billion, indicating potential future growth. The company is actively restructuring to improve efficiency and has announced strategic acquisitions, such as the agreement to acquire Reta Engenharia in Brazil, to strengthen its position in core industrial segments. Looking ahead, AFRY remains confident in its ability to navigate current market challenges and is focused on implementing a new Group structure to drive profitable growth, with further strategic updates expected at its Capital Markets Day in November 2025.