AFRY Aktie

 

AFRY Management Consulting has prepared a comparative study on the carbon footprint of Metsä Wood's Kerto® LVL (Laminated Veneer Lumber) product. The report highlights the climate benefits of Kerto LVL compared to traditional steel reinforced concrete in certain floor and wall structures. The study compares load-bearing structures, excluding insulations or other materials, to ensure a fair assessment of primary structural components. As a conclusion, the material efficiency of Kerto LVL results in remarkably smaller fossil climate impact per square meter. The study was critically reviewed...

AFRY has signed a five-year framework agreement with BAE Systems Hägglunds to deliver engineering services that include product development, procurement, quality, and production-related services across various parts of the company's operations. The estimated annual order value of the agreement is SEK 150–200 million. BAE Systems Hägglunds, a Swedish business under the BAE Systems, Inc. portfolio, specialising in the design, development, and production of military systems, is deepening its collaboration with AFRY. The new agreement will take effect in the second quarter of 2025 and extends to...

Green Bay Packaging has awarded AFRY engineering services for the paper mill modernization project in Morrilton, Arkansas, USA. The assignment includes multidisciplinary design engineering and site services for the Balance of Plant (BOP). Green Bay Packaging (GBP) has announced a major investment to modernize its Arkansas Kraft paper mill in Morrilton, Arkansas (GBP press release). This multi-year project aims to enhance the mill's operational efficiency and infrastructure. The investment will encompass vital replacements of key process components, including the recovery boiler and biomass...

AFRY has been chosen as technical consultant to support the safe decommissioning and radioactive waste management of Norway's nuclear facilities. As part of the framework agreement, AFRY will provide expert services to support the development of safety assessments and safety cases in line with international standards, ensuring regulatory compliance and a safe decommissioning process. NND, the Norwegian government agency responsible for the safe and efficient decommissioning of nuclear facilities at Halden and Kjeller, is also mandated to manage the long-term, responsible management of...

Nexans, a global leader in the design and manufacturing of cable systems and services, specialising in the offshore wind market and subsea interconnectors, has engaged AFRY to provide consulting support in the Gotland Connection project for Svenska Kraftnät. The project aims to meet the growing electricity demand on Gotland. The Swedish transmission system operator (TSO), Svenska Kraftnät, is expanding the national grid to Gotland with two new 220kV HVAC cables to meet the demands of the island's growing need for electricity supply, driven by industrial growth and renewable energy projects...

Swiss federal road authority (FEDRO) has awarded AFRY, as part of a consortium, two lots in the refurbishment of the Zurich western bypass. The Western Bypass, comprising the A1, A3, and A4 motorways, reduces traffic congestion in the city of Zurich. Since its inauguration in 2009, the bypass has significantly alleviated traffic within the city, providing a more efficient route for commuters and freight transport. For highway modernisation and the rehabilitation of traffic systems, AFRY, as part of different consortia, has been awarded two lots for the operating and safety equipment. In...

AFRY has been confirmed to provide lender's technical advisory services for the Quezon North Onshore Wind Power Project, which is set to become the largest onshore wind farm in the Philippines. Initially appointed to conduct technical due diligence during the financing phase, AFRY will now also oversee the construction for the project lenders, ensuring its successful delivery and long-term contribution to the country's clean energy goals. ACEN, the energy platform of the publicly listed Philippine conglomerate Ayala Group, has secured financing from the Bank of the Philippine Islands, BDO...

The jointly owned company Norrslam AB plans to establish a plant for sludge incineration at Umeå Eco Industrial Park. This is the first time it has been done on a full scale in Sweden and AFRY has been commissioned to conduct the initial investigations. Sewage sludge is a residual product that occurs during the treatment of municipal and industrial wastewater. Today, the largest volumes of sludge are deposited. Stricter regulations from EU now require more responsible management.   The method of incinerating the sludge has not yet been implemented in Sweden on a large scale, but the...

The Norwegian energy company Statkraft has contracted AFRY to conduct a feasibility study on optimising the operation of Norway's largest pumped storage power plant in Saurdal. The study aims to double the plant's capacity to store surplus renewable energy, thereby enhancing consistent energy supply during peak demand periods. The Saurdal power plant is one of the largest hydropower plants in Norway with a total capacity of 640 MW, and an annual generation of approximately 1,400 GWh. AFRY's study will assess the feasibility of converting the existing Francis turbines into pump turbines,...

AFRY AB (publ) today held its Annual General Meeting (the "AGM") at the company's head office in Solna. The AGM resolved in accordance with all proposals of the Board of Directors and the Nomination Committee. The AGM resolved to re-elect Tom Erixon, Magnus Heimburg, Jenny Larsson, Neil McArthur, Åsa Pettersson and Kristina Schauman as members of the Board of Directors, and to elect Viveka Beckeman and Jan Berntsson as new members of the Board of Directors. Further, the AGM re-elected Tom Erixon as Chairman of the Board. The AGM adopted the Income Statement and the Balance Sheet as well...

AFRY is entering the next chapter of its 130-year history. To accelerate profitable growth, set up a fit-for-purpose operating model, and pave the way to structurally address the cost base, AFRY announces a new, simplified and client-focused Group structure, as well as changes to its Executive Team. Over the years, AFRY has built a strong base and gained a leading position in key segments through high growth and global expansion. However, in light of the ongoing portfolio review, it is evident that there is untapped potential related to the operating model with room to simplify, harmonise,...

CCRM Nordic is establishing a facility for the production of advanced therapy medicinal products (ATMP) in GoCo Health Innovation City in Mölndal, Sweden. These are a new generation of medicines based on genes, cells, or tissues that have the potential to revolutionise treatments for severe diseases. AFRY has been assigned the role of engineering partner and project manager. CCRM Nordic is a non-profit organisation working to strengthen the commercialisation of advanced therapy medicinal products (ATMPs). ATMPs are expected to contribute to entirely new possibilities for treating previously...

AFRY invites investors, analysts and media to a presentation of the Q1 report for 2025 on Thursday 24 April at 12.00 CET with Linda Pålsson, President and CEO, and Bo Sandström, CFO. The report will be published at 11.00 CET on the same day. Analysts and investors who wish to ask questions are welcome to join the presentation through the Teams link below. Please use the “Raise Your Hand” feature during the Q&A session. It is also possible to follow the presentation through a webcast, without the opportunity to ask questions. Date: Thursday 24 April at 12.00 CET Teams link: Click...

AFRY has signed a framework agreement with SweTree Technologies to develop a factory for automated and large-scale production of fast-growing and resistant forest plants. The goal is to create a cost-effective factory with a capacity of 20 million plants per year, which strengthens the bioeconomy and reduces carbon dioxide emissions. SweTree Technologies, a Swedish biotechnology company specialising in forestry and plant breeding, is developing a factory for efficient and extensive production of fast-growing and resistant forest plants, the first of its kind. With support from forestry...

AFRY has been awarded the study assignment for the Geological Survey of Estonia's Preliminary Economic Assessment (PEA) and Pre-Feasibility Study (PFS) services for the Estonian Phosphate Ore project in Toolse, Estonia. Estonia has significant phosphorite reserves, among the largest in Europe. Phosphorite is primarily valued for its phosphorus content, essential for producing fertilizers used for agriculture. Additionally, Estonia's phosphorite contains valuable rare earth elements, essential for various high-tech industries, including electronics, renewable energy, and battery production....

AFRY, as part of the Tram Ticino consortium, has been awarded the contract to plan the Breganzona tunnel by Rete Tram-Treno del Luganese SA (RTTL). The transport infrastructure will make an important contribution to the local public transport network. The new Tram-Treno network in Lugano connects the Lugano city center with the Malcantone and Vedeggio valleys. Public transport is reducing travel time and is therefore becoming an increasingly attractive and more sustainable means of transport. The redesign of the network is expected to increase capacity from 7,500 passengers per day today to...

AFRY has today published its Annual and Sustainability Report for 2024, which is available on the company website. The report describes AFRY's role as a close partner to our clients, solving complex needs in an ever-changing environment. It also presents our financial performance for the year as well as our dedicated work to deliver on our sustainability commitments. “In 2024 we strengthened our position in the green transition with several important client projects. We have also continued to work on measures to improve profitability. As a leading partner to our clients, AFRY is well-...

The shareholders of AFRY AB (publ) are hereby given notice to the Annual General Meeting (the "AGM") on Thursday 24 April 2025 at 14:00 (CEST) at the company's head office at Frösundaleden 2A, Solna, Sweden. Registration starts at 13:30 (CEST).  The shareholders may also exercise their voting rights at the AGM by postal voting in accordance with the provisions of AFRY's Articles of Association. Materials from the AGM, such as the President and CEO's presentation and presentation material available at the AGM, will be available at www.afry.com/en the day after the AGM. Right to...

Advenica, a leader in cybersecurity solutions, is thrilled to partner with prominent system integrator AFRY and AVEVA Select Scandinavia, leader in industrial software, by offering secure one-way connections to production networks through hardware-based data diode solutions. Data diodes allow for real time, unidirectional information exchange between networks while maintaining network integrity, by preventing intrusion, as well as network confidentiality. Advenica, a world-ranked leader in data diode solutions can now combine their offering with AFRY's services and realise exceptional...

AFRY has entered into a new framework agreement with the Swedish Armed Forces and FMV for the delivery of IT consultancy services. The agreement covers strategic services in IT systems, testing of IT systems, and IT and information security. AFRY has entered into a framework agreement with the Swedish Armed Forces and the Swedish Defence Materiel Administration, FMV, and will, as one of four suppliers, deliver long-term IT development and support in system landscapes. The framework agreement aims to support the entire life cycle of various IT systems used by the authorities, from development...