Brief: Af Gruppen Q2 Pretax Profit NOK 388 Mln
29/08/2025 06:23
Aug 29 (Reuters) - Af Gruppen ASA AFGA.OL: Q2 PRETAX PROFIT NOK 388 MILLION Q2 EPS NOK 2.49 Q2 REVENUE NOK 7,808 MILLION Q2 ADJUSTED FREE CASH FLOW NOK 580 MILLION Q2 ORDER BACKLOG NOK 44,493 MILLION HIGH LEVEL OF ACTIVITY IN QUARTER, WITH STRONG PERFORMANCE ACROSS ORGANISATION. CIVIL ENGINEERING HAD HIGH ACTIVITY AND DELIVERED GOOD RESULTS IN Q2 CONSTRUCTION HAD STABLE ACTIVITY IN Q2 COMPARED TO SAME QUARTER LAST YEAR BETONMAST IMPROVED PROFITABILITY COMPARED TO SAME QUARTER LAST YEAR PROPERTY HAD A NEGATIVE RESULT IN QUARTER. ENERGY AND ENVIRONMENT SAW A 13% DECLINE IN REVENUE COMPARED TO SAME QUARTER LAST YEAR SWEDEN HAD LOWER ACTIVITY BUT SIGNIFICANTLY IMPROVED PROFITABILITY IN Q2 COMPARED TO SAME QUARTER LAST YEAR OFFSHORE MAINTAINED ACTIVITY LEVELS COMPARED TO SAME QUARTER LAST YEAR BUT HAD WEAK RESULTS IN Q2 HIGH INTEREST RATES ARE AFFECTING AF GRUPPEN’S OPERATIONS IN NORWAY Source text: ID:nObiGpGmwa Further company coverage: AFGA.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))