Feb 13 (Reuters) - Af Gruppen ASA AFGA.OL:
AF GRUPPEN Q4 REVENUE NOK 9,252 MILLION
AF GRUPPEN Q4 PRETAX PROFIT NOK 653 MILLION
AF GRUPPEN Q4 ADJUSTED FREE CASH FLOW NOK 1,128 MILLION
BOARD OF DIRECTORS HAS PROPOSED A DIVIDEND FOR PAYMENT IN THE FIRST HALF OF 2026 OF NOK 6.50 (5.00) PER SHARE
PRICE GROWTH HAS SLOWED IN RECENT YEARS, BUT REMAINS ABOVE PRE-PANDEMIC LEVELS
CONTINUED HIGH INTEREST RATE LEVEL IS AFFECTING AF GRUPPEN’S OPERATIONS IN NORWAY
PROGNOSESENTERET EXPECTS PARTICULARLY HIGH GROWTH IN THE PRODUCTION OF NEW RESIDENTIAL BUILDINGS WITH 14.2% IN 2026 AND 10.9% IN 2027
FOR NEW COMMERCIAL BUILDINGS, SIGNIFICANT GROWTH OF 15.0% IS EXPECTED IN 2026, FOLLOWED BY A DECLINE OF 4.8% IN 2027, DRIVEN BY A FEW LARGE PROJECTS IN 2026
FOR RENOVATION, REFURBISHMENT AND EXTENSION (RRE), STABLE AND MODERATE GROWTH IS EXPECTED
Source text: ID:nObiYMM3fa
Further company coverage: AFGA.OL
(Gdansk Newsroom)
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