EarningsAFRY's 1Q25 was weaker-than-expected, with net sales falling short of expectations and a noticeable drop in adjusted EBITA.
Market DemandThe market shows varied demand, with strong areas like energy and transport infrastructure being offset by weaker areas such as pulp and paper, real estate, and parts of the industrial portfolio.
Operational EfficiencyRapid expansion has led to a fragmented structure, introducing complexities that hinder optimal efficiency.