AFRY press release generic image

Historical figures related to AFRY X for 2021

Wed, 04/06/2022 - 13:00

AFRY X has been established as a new division and offers clients IT consulting services and proprietary software. The consulting business was previously largely included in the Industrial & Digital Solutions division, while the software business was included in Group Common and the Management Consulting division. The financial reporting structure changed 1 January 2022 and below are recalculated historical figures for 2021. The EBITA margin in 2021 in AFRY X is negatively impacted by SEK 56 million investments earlier reported in Group Common.

Net sales (SEK million) Q1 2021 Q2 2021 Q3 2021 Q4 2021 2021
Infrastructure 1,972 2,045 1,638 2,058 7,714
Industrial & Digital Solutions 1,192 1,252 1,099 1,382 4,924
Process Industries 909 986 851 1,070 3,817
Energy 707 674 581 721 2,683
AFRY X 219 241 193 293 947
Management Consulting 217 230 245 253 945
Group Common/eliminations -218 -251 -187 -269 -925
Group 4,999 5,177 4,419 5,509 20,104
EBITA (SEK million) Q1 2021 Q2 2021 Q3 2021 Q4 2021 2021
Infrastructure 151 156 86 175 569
Industrial & Digital Solutions 80 89 92 139 399
Process Industries 119 119 95 138 470
Energy 76 67 68 90 301
AFRY X 19 15 -5 15 44
Management Consulting 32 38 52 30 152
Group Common/eliminations -57 -72 -21 -122 -273
Group 419 411 367 465 1,662
EBITA margin (%) Q1 2021 Q2 2021 Q3 2021 Q4 2021 2021
Infrastructure 7.6 7.6 5.3 8.5 7.4
Industrial & Digital Solutions 6.7 7.1 8.4 10.1 8.1
Process Industries 13.1 12.0 11.1 12.9 12.3
Energy 10.7 10.0 11.6 12.5 11.2
AFRY X 8.7 6.1 -2.6 5.1 4.6
Management Consulting 14.6 16.3 21.4 12.1 16.1
Group 8.4 7.9 8.3 8.4 8.3
Average number of full-time employees (FTEs) Q1 2021 Q2 2021 Q3 2021 Q4 2021 2021
Infrastructure 5,801 5,955 5,901 5,998 5,914
Industrial & Digital Solutions 2,911 2,860 3,222 3,171 3,040
Process Industries 3,421 3,518 3,684 3,734 3,591
Energy 1,669 1,791 1,678 1,603 1,683
AFRY X 491 572 641 665 594
Management Consulting 428 465 451 485 457
Group functions 368 371 434 437 406
Group1 15,090 15,532 16,011 16,094 15,685

1 In connection with the reorganisation, the calculation of the average number of FTEs has changed, as a more accurate and weighted calculation of the number of hours available has been performed for all divisions.

For more information, please contact:

Ebba Vassallo, Investor Relations +46 70 471 81 98

AFRY is a European leader in engineering, design, and advisory services, with a global reach. We accelerate the transition towards a sustainable society.
We are 17,000 devoted experts in infrastructure, industry, energy and digitalisation, creating sustainable solutions for generations to come.
Making Future

Related files