AFRY Holds Margins as Sales Dip but Order Backlog Hits SEK 21.5 Billion

AFRY AB Class B ( (SE:AFRY) ) has issued an announcement.

AFRY reported a softer start to 2026 with first-quarter net sales down 6.3 percent to SEK 6.3 billion and organic growth, adjusted for calendar effects, at -4.3 percent. Profitability held up relatively well as EBITA excluding items affecting comparability slipped to SEK 473 million, but the margin improved to 7.5 percent, supported by a higher utilization rate of 72.2 percent.

The order backlog rose to SEK 21.5 billion, providing visibility for future activity despite the weaker top line. Earnings per share edged down to SEK 2.12, yet the strong backlog and improved efficiency indicate AFRY is managing the downturn in demand while preserving its operational strength, which is important for clients and investors in a cyclical project-driven market.

The most recent analyst rating on (SE:AFRY) stock is a Buy with a SEK210.00 price target. To see the full list of analyst forecasts on AFRY AB Class B stock, see the SE:AFRY Stock Forecast page.

More about AFRY AB Class B

AFRY AB is an engineering and consulting company focused on industrial, infrastructure, energy and environmental projects. The group provides technical, design and advisory services to clients in both the private and public sectors, with a strong presence in the Nordic region and an international project portfolio.

Average Trading Volume: 272,855

Technical Sentiment Signal: Sell

Current Market Cap: SEK14.41B

See more data about AFRY stock on TipRanks’ Stock Analysis page.