Here's What Analysts Are Forecasting For AF Gruppen ASA (OB:AFG) After Its Yearly Results

Investors in AF Gruppen ASA (OB:AFG) had a good week, as its shares rose 7.8% to close at kr172 following the release of its full-year results. AF Gruppen reported kr31b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of kr6.52 beat expectations, being 2.2% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for AF Gruppen

Taking into account the latest results, the current consensus from AF Gruppen's dual analysts is for revenues of kr32.0b in 2025. This would reflect a reasonable 4.6% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to surge 32% to kr8.54. In the lead-up to this report, the analysts had been modelling revenues of kr31.1b and earnings per share (EPS) of kr8.61 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the small increase to revenue estimates.

It may not be a surprise to see thatthe analysts have reconfirmed their price target of kr141, implying that the uplift in revenue is not expected to greatly contribute to AF Gruppen's valuation in the near term.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of AF Gruppen'shistorical trends, as the 4.6% annualised revenue growth to the end of 2025 is roughly in line with the 5.3% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 16% annually. So although AF Gruppen is expected to maintain its revenue growth rate, it's forecast to grow slower than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also upgraded their revenue estimates for next year, even though it is expected to grow slower than the wider industry. The consensus price target held steady at kr141, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for AF Gruppen going out as far as 2027, and you can see them free on our platform here.

You can also see our analysis of AF Gruppen's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.