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AFRY AB Class B (AFXXF)
OTHER OTC:AFXXF
Holding AFXXF?
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Earnings Data
Report Date
Feb 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.28Last Year’s EPS
0.3Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 07, 2019
|% Change Since: -12.09%
|Next Earnings Date:Oct 24, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment. While there were significant achievements in profitability improvement and growth in the Energy sector, challenges in Process Industries and weak demand in IT, Telecom, and Real Estate sectors posed considerable hurdles. The market overall showed flat growth with notable segment-specific variances.Company Guidance
During AFRY's Q3 2024 earnings call, the company provided detailed guidance on various performance metrics. The company reported net sales of SEK 6 billion, with an EBITDA of SEK 365 million and an EBITA margin of 6.1%, up from 5.4% the previous year. Organic growth was marginally positive at 0.1%, with the Energy division showing close to double-digit growth, while Process Industries experienced a negative growth of 8.5%. The order stock remained stable at SEK 20 billion, though 3% lower year-over-year, with notable strength in the Energy sector. AFRY emphasized maintaining strong profitability, acknowledging the mixed market conditions, with segments like Energy performing well and Process Industries facing challenges. The company highlighted ongoing strategic initiatives to capitalize on strong sectors and manage weaker ones, such as the Infrastructure improvement program and expanding in the Energy segment. Despite mixed market conditions, AFRY expressed satisfaction with its profitability improvements and outlined plans to navigate the current economic landscape.Improved Profitability
EBITA improved to 6.1% from 5.4% despite a mixed market, driven by strong performance in the Energy and Infrastructure divisions.
Strong Performance in the Energy Segment
The Energy division reported close to double-digit organic growth and a stable margin, with a continued strong demand across all markets.
Significant Project Wins
AFRY was selected as the main partner for SSAB's steel decarbonization project in Lulea and secured a pump storage solution project in Australia, highlighting strong capabilities in energy projects.
Stable Order Stock
Order stock remained stable at SEK 20 billion, with the Energy division continuing to report the largest increase over the previous year.
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AFXXF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AFXXF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 25, 2024 | $16.95 | $15.10 | -10.91% |
| Jul 16, 2024 | $19.20 | $18.78 | -2.19% |
| Apr 23, 2024 | $15.10 | $15.45 | +2.32% |
| Feb 02, 2024 | $13.80 | $15.72 | +13.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AFRY AB Class B (AFXXF) report earnings?
AFRY AB Class B (AFXXF) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.
What is AFRY AB Class B (AFXXF) earnings time?
AFRY AB Class B (AFXXF) earnings time is at Feb 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AFXXF EPS forecast?
AFXXF EPS forecast for the fiscal quarter 2024 (Q4) is 0.28.
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