AFRY Overview

  • Year Founded
  • 1895

Year Founded

  • Status
  • Public

  • Employees
  • 18,706


  • Stock Symbol
  • AFRY

Stock Symbol

  • Investments
  • 108

  • Share Price
  • $17.47
  • (As of Friday Closing)

AFRY General Information


Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. It develops solutions for public and private clients and can serve all regions of the world. The business divisions are Industrial & Digital Solutions, Infrastructure, Process Industries, Energy, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals. It also offers engineering, design, and advisory services across three main sectors: infrastructure, industry, and energy. It generates the majority of its revenue from the Infrastructure segment.

Contact Information

Formerly Known As
AB Ånpanneföreningen
Ownership Status
Publicly Held
Financing Status
Primary Industry
Consulting Services (B2B)
Stock Exchange
Corporate Office
  • Frösundaleden 2 A
  • Solna
  • 169 75 Stockholm
  • Sweden
+46 010-505 00 00

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AFRY Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$17.47 $17.99 $9.20 - $18.34 $1.98B 113M 190K $0.85

AFRY Financials Summary

In Thousands,
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 2,477,164 1,505,240 1,772,055 3,093,406
Revenue 2,541,555 2,538,126 2,321,570 2,340,979
EBITDA 231,770 254,960 222,970 274,690
Net Income 96,084 103,489 96,009 131,465
Total Assets 2,725,124 2,818,908 2,683,717 2,863,375
Total Debt 0 786,276 747,330 846,316
Public Fundamental Data provided by Morningstar, Inc. disclaimer

AFRY Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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AFRY Comparisons

HQ Location
Total Raised
Post Valuation
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. It develo
Consulting Services (B2B)
Stockholm, Sweden
18,706 As of 2024


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Basel, Switzerland
000 As of 0000


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0000000000 00000000
Stockholm, Sweden
00000 As of 0000
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AFRY Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cleeven Private Equity-Backed Basel, Switzerland 000 000000000000
Sweco (Consulting Services (B2B)) Corporation Stockholm, Sweden 00000 00000000000
Niras Corporation Allerod, Denmark 0000
PA Consulting Formerly PE-Backed London, United Kingdom 0000 000000&0
Arcadis Corporation Amsterdam, Netherlands 00000 00000000
To view AFRY’s complete competitors history, request access »

AFRY Executive Team (47)

Name Title Board Seat Contact Info
Mikko Inkala Business Unit President
Åke Rosenius President, Infrastructure Division
Per Magnusson President of the Industry Division
Bo Sandström Chief Financial Officer & Executive Vice President
Alessio Giuffra Managing Director
You’re viewing 5 of 47 executive team members. Get the full list »

AFRY Board Members (10)

Name Representing Role Since
00000 000000000 AFRY Board Member 000 0000
0000000 0000 AFRY Board Member 000 0000
000000 000000000 Self Board Member & Member of the f the Remuneration and Project Committee 000 0000
0000000 00000000 AFRY Board Member 000 0000
000000 00000 Self Board Member and Member of the Remuneration Committee 000 0000
You’re viewing 5 of 10 board members. Get the full list »

AFRY Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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AFRY Investments & Acquisitions (108)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Carelin 01-Mar-2024 0000000000 Other Energy Services 00000 0å0
SOM System 20-Nov-2023 0000000000 Consulting Services (B2B) 0ó0000 0é
KSH Solutions 09-May-2023 0000000000 Construction and Engineering 00000000
xpro (Construction and Engineering) 28-Feb-2023 0000000000 Construction and Engineering 000000000
BLIX Consultancy 16-Feb-2023 Merger/Acquisition Other Energy Services 00000 000
You’re viewing 5 of 108 investments and acquisitions. Get the full list »

AFRY Subsidiaries (34)

Company Name Industry Location Founded
Afry Group Denmark Other Commercial Services Herlev, Denmark 2021
Afry X Consulting Services (B2B) Stockholm, Sweden 0000
Trivalo IT Consulting and Outsourcing Stockholm, Sweden 0000
Carelin Other Energy Services Seinajoki, Finland 0000
Konsultbolag1 Dalarna Stockholm, Sweden 0000
You’re viewing 5 of 34 subsidiaries. Get the full list »


Risk Overview

Risk Rating

Updated May, 31, 2024

21.63 | Med Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,191




Construction & Engineering


0. of 377




Non-Residential Construction


0. of 377




To view AFRY’s complete esg history, request access »

AFRY Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
Lonas Technologija 08-Dec-2008 000000000000000000 00.000 Completed
  • 0000
Brekke & Strand akustikk 01-Jan-2006 000000000000000000 Completed
  • 0000
Fimpec 15-Feb-2005 000000000 00000000 Completed
  • 0000
Fimpec 22-Mar-2004 000000000000000000 00.000 Completed
  • 0000
Fimpec PE Growth/Expansion Completed
  • 2 buyers
To view AFRY’s complete exits history, request access »


  • When was AFRY founded?

    AFRY was founded in 1895.

  • Who is the CEO of AFRY?

    Jonas Gustavsson is the CEO of AFRY.

  • Where is AFRY headquartered?

    AFRY is headquartered in Stockholm, Sweden.

  • What is the size of AFRY?

    AFRY has 18,706 total employees.

  • What industry is AFRY in?

    AFRY’s primary industry is Consulting Services (B2B).

  • Is AFRY a private or public company?

    AFRY is a Public company.

  • What is AFRY’s stock symbol?

    The ticker symbol for AFRY is AFRY.

  • What is the current stock price of AFRY?

    As of 14-Jun-2024 the stock price of AFRY is $17.47.

  • What is the current market cap of AFRY?

    The current market capitalization of AFRY is $1.98B.

  • What is AFRY’s current revenue?

    The trailing twelve month revenue for AFRY is $2.54B.

  • Who are AFRY’s competitors?

    Cleeven, Sweco (Consulting Services (B2B)), Niras, PA Consulting, and Arcadis are some of the 6 competitors of AFRY.

  • What is AFRY’s annual earnings per share (EPS)?

    AFRY’s EPS for 12 months was $0.85.

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