AFRY as an investment
Five reasons to invest in AFRY
AFRY is a stable company with historically good returns and profitable growth. Future shareholder value is based on organic and acquired growth and continued synergies and efficiency throughout the company.
1. A changing world is increasing the need for our solutions
AFRY creates sustainable solutions covering a broad spectrum of expertise areas and client segments. Combining these enables us to provide solutions in engineering, design and digitalisation that few other consulting companies can match. This makes us an attractive partner as industry is being digitalised or as we build smart cities to be sustainable in the long term
2. Diversification for low cyclicality
Our extensive portfolio equips AFRY to deliver the end-to-end solutions that are in demand and create value for clients. This also generates stability across fluctuations in the economy and better spreads risk. The company has a strong local position in core markets and is aiming to be the international leader in selected segments including the process industry, energy, automotive and lighting.
3. Successful agenda for growth and stable financial performance
AFRY grows both organically and through acquisitions and its target is to achieve annual growth of 10 percent. Growth strengthens and broadens our client offering, while acquisitions have helped us identify and realise cost synergies. We have a clear agenda for growth and have demonstrated that we can grow profitably. Our target is to achieve an EBITA margin of at least 10 percent over a business cycle. In 2019, we achieved total growth of 42 percent with the acquisition of Pöyry and an adjusted EBITDA margin of 8.7 percent.
4. Attractive employer
In the long term, our ability to attract and develop the best employees is crucial. The company provides excellent development opportunities and interesting assignments for clients who want to be ahead of the crowd.
Being an attractive employer ensures that we can recruit talented employees who want to join us in creating leading solutions, which in turn strengthens our client offering and competitiveness.
5. Long-term value creation
During the period 2015-2019, our share return was 95 percent compared to 44 percent for OMX Stockholm PI. We represent longterm, sustainable development that adds value for shareholders, clients, employees and society.