Recent Insider Transactions • May 21
Independent Chairman of the Board recently bought kr2.2m worth of stock On the 18th of May, Tom Erixon bought around 20k shares on-market at roughly kr108 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr2.3m. Tom has been a buyer over the last 12 months, purchasing a net total of kr11m worth in shares. Board Change • May 20
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. 1 highly experienced director. Independent Director Maria Kristina Schauman is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Feb 17
Afry AB (OM:AFRY) entered into an agreement to acquire AMC Consultants Pty Ltd. Afry AB (OM:AFRY) entered into an agreement to acquire AMC Consultants Pty Ltd. on February 16, 2026.
For the period ending December 31, 2025, AMC Consultants Pty Ltd. reported total revenue of approximately AUD 57 million.
The transaction is subject to approval of offer by acquirer shareholders, subject to court approval and customary closing conditions. The expected completion of the transaction is mid-second quarter of 2026. Duyuru • Feb 06
Afry AB announces Annual dividend, payable on May 06, 2026 Afry AB announced Annual dividend of SEK 6.0000 per share payable on May 06, 2026, ex-date on April 29, 2026 and record date on April 30, 2026. Duyuru • Feb 05
Afry AB to Report Q4, 2026 Results on Feb 04, 2027 Afry AB announced that they will report Q4, 2026 results on Feb 04, 2027 Duyuru • Oct 22
Afry AB, Annual General Meeting, Apr 28, 2026 Afry AB, Annual General Meeting, Apr 28, 2026. Location: solna Sweden Duyuru • Jul 15
Afry AB (OM:AFRY) entered into an agreement to acquire Reta Engenharia Ltda. Afry AB (OM:AFRY) entered into an agreement to acquire Reta Engenharia Ltda. on July 14, 2025. For the period ending December 31, 2024, Reta Engenharia Ltda. reported total revenue of SEK 135 million. The acquisition is subject to operational closing conditions and is expected to close during Q3 2025. Duyuru • Jul 02
Afry Announces Robert Larsson EVP Head of Global Division Transportation and Places Decides to Take on A New Role Outside of the Company Afry announced that After 7 years at AFRY Robert Larsson has decided to take on a new role outside of the company. Currently he has the position as EVP Head of Global Division Transportation and Places. A recruitment process to find a successor will start immediately. The recruitment process will look internally and externally for candidates. Robert Larsson will remain in his current role until a successor has been appointed or at the latest until the end of December 2025 to ensure a smooth transition. Duyuru • Feb 20
Afry AB announces Annual dividend, payable on May 02, 2025 Afry AB announced Annual dividend of SEK 6.0000 per share payable on May 02, 2025, ex-date on April 25, 2025 and record date on April 28, 2025. Duyuru • Feb 17
AFRY AB (publ) Announces Management Changes AFRY AB (publ) announced that Elon Hägg has been appointed Executive Vice President and Head of the Energy Division at AFRY, thereby joining the Group Executive Management. He succeeds Linda Pålsson, who was appointed President and CEO of AFRY earlier this year. Elon Hägg will take on his new role on March 1, 2025. Elon Hägg is currently Vice President and Global Head of Hydro, leading AFRY's global hydropower business and strategy. With nearly 14 years in senior leadership roles within the company, Elon has successfully managed both international operations and local teams, driving profitable growth and development in the sector. Previously, he served as Head of Hydropower business in Sweden. Prior to joining AFRY, Elon worked at Fortum, managing the Dam Safety Management unit. Elon holds a Master of Science in Environmental and Water Engineering from Uppsala University and is based in Stockholm. Duyuru • Feb 09
Afry AB Proposes Dividend for 2024 Afry AB proposed a dividend for 2024 of SEK 6.00 per share against SEK 5.50 per share a year ago. Duyuru • Feb 08
Afry AB, Annual General Meeting, Apr 24, 2025 Afry AB, Annual General Meeting, Apr 24, 2025. Duyuru • Jan 15
Afry AB Announces Executive Changes The AFRY Board of Directors has on January 12, 2025 appointed Linda Pålsson as President. Linda takes on the position immediately and succeeds the former CEO Jonas Gustavsson who is leaving the company. AFRY’s Board of Directors has been working on the recruitment process of a new CEO since 9 September 2024. Linda Pålsson has extensive experience from senior positions both inside and outside AFRY. Linda is the Executive Vice President and Head of the Energy Division and has previously held several roles at AFRY such as Vice President Hydro Global & Energy Nordics, Business Area Manager Energy Projects and Market Area Manager Transmission & Distribution. Linda has also been CEO of Triventus Windpower AB and Regional Manager of Infratek. Linda was born in 1974 and holds a degree in Electrical Engineering from Chalmers University of Technology in Gothenburg, Sweden. Duyuru • Jan 14
Afry AB Announces CEO Changes The AFRY Board of Directors has on January 12, 2025 appointed Linda Pålsson as CEO. Linda takes on the position immediately and succeeds the former CEO Jonas Gustavsson who is leaving the company. AFRY’s Board of Directors has been working on the recruitment process of a new CEO since 9 September 2024. Linda Pålsson has extensive experience from senior positions both inside and outside AFRY. Linda is the Executive Vice President and Head of the Energy Division and has previously held several roles at AFRY such as Vice President Hydro Global & Energy Nordics, Business Area Manager Energy Projects and Market Area Manager Transmission & Distribution. Linda has also been CEO of Triventus Windpower AB and Regional Manager of Infratek. Linda was born in 1974 and holds a degree in Electrical Engineering from Chalmers University of Technology in Gothenburg, Sweden. Duyuru • Oct 07
Afry AB Appoints Nomination Committee Members for 2025 Annual General Meeting AFRY AB has appointed its Nomination Committee members following the Annual General Meeting's procedure. The committee includes Anders Snell (Chairman), Caroline Sjösten, Elisabet Jamal Bergström, Lilian Fossum Biner, Jan Särlvik, and Tom Erixon. Recent Insider Transactions • Apr 28
Executive VP recently bought kr333k worth of stock On the 25th of April, Henrik Tegner bought around 2k shares on-market at roughly kr167 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr11m more in shares than they have sold in the last 12 months. Board Change • Apr 26
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Employee Representative Deputy Director Fredrik Sundin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 20
Afry AB Proposes Dividend, Payable on 30 April 2024 Afry AB announced that at its Annual General Meeting to be held on 23 April 2024, the Board of Directors proposed a dividend of SEK 5.50 per share. The Board of Directors proposed 25 April 2024 as the record date for payment of the dividend. If the AGM resolves in accordance with the Board of Directors' proposal, the dividend is expected to be paid out via Euroclear Sweden on 30 April 2024. Duyuru • Nov 22
Afry AB (OM:AFRY) entered into an agreement to acquire Som System Mérnöki Iroda Korlátolt Felelosségu Társaság and Ttsa Mérnökiroda Korlátolt Felelosségu Társa. Afry AB (OM:AFRY) entered into an agreement to acquire Som System Mérnöki Iroda Korlátolt Felelosségu Társaság and Ttsa Mérnökiroda Korlátolt Felelosségu Társa on November 20, 2023. SOM has annual net sales of approximately SEK 30-40 million and 20 employees based in Budaörs (Budapest) and Paks. The closing of the acquisition is subject to regulatory approvals and is assumed to close early 2024. Upon a successful close, SOM is assumed to be consolidated into AFRY as of February 2024. Duyuru • Oct 13
Afry AB Appoints Nomination Committee Afry AB appointed to Nomination Committee. Anders Snell, (Chairman of the Nomination Committee) appointed by Stiftelsen ÅForsk. Elisabet Jamal Bergström, appointed by SEB Investment Management. Lilian Fossum Biner, appointed by Handelsbanken Fonder. Caroline Sjösten, appointed by Swedbank Robur Fonder. Rickard Wilson, appointed by EQT. Tom Erixon, Chairman of the Board. Board Change • Aug 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Employee Representative Deputy Director Fredrik Sundin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Aug 15
Afry AB Announces Management Changes, Effective September 1, 2023 AFRY is making changes to the Group Executive Management team to strengthen profitability in line with the company's business strategy and financial targets. Robert Larsson becomes EVP and Head of Division Infrastructure and Martin Öman EVP and Head of Division Industrial & Digital Solutions. The changes will take effect on September 1, 2023. Robert Larsson has been appointed as EVP and Head of Division Infrastructure to increase profitability and develop the business in the division. Robert has been a member of AFRY's Group Executive Management and Head of Division Industrial & Digital Solutions since 2018. Robert has with clear leadership driven an active change agenda at AFRY. He has more than 25 years of experience in business and change management in global industrial operations with senior positions at ABB. Malin Frenning, current Head of Division Infrastructure will leave AFRY for a new position outside the company. Martin Öman has been appointed as EVP and Head of Division Industrial & Digital Solutions. Martin has successfully developed AFRY's business primarily within the automotive industry, and in recent years, he has served as the VP and Head of Product & Software Engineering. Martin has over 20 years of experience in leadership roles within the industry, including positions at Saab Automobile/General Motors, LeanNova Engineering, and he has been working as a Business Area Manager at AFRY since 2015. Martin holds a M.Sc. in Mechanical Engineering and a M.Sc. in Technology Management from Chalmers University of Technology. The changes will take effect on September 1, 2023. Duyuru • Jul 18
Afry AB to Report Q4, 2023 Results on Feb 02, 2024 Afry AB announced that they will report Q4, 2023 results on Feb 02, 2024 Board Change • May 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Employee Representative Deputy Director Fredrik Sundin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 10
Afry AB (OM:AFRY) agreed to acquire KSH Solutions, Inc. Afry AB (OM:AFRY) agreed to acquire KSH Solutions, Inc. on May 9, 2023. KSH Solutions, Inc. reported revenue of SEK 180 million. The transaction is expected to close in May 2023. Reported Earnings • Apr 28
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr6.92b (up 22% from 1Q 2022). Net income: kr436.0m (up 96% from 1Q 2022). Profit margin: 6.3% (up from 3.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Board Change • Apr 22
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Director Tuula Teeri was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 11
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Henrik Ehrnrooth was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Feb 17
Afry AB (OM:AFRY) acquired Blix Consultancy B.V. Afry AB (OM:AFRY) acquired Blix Consultancy B.V. on February 16, 2023. Blix will be consolidated into Afry as of March 2023. Blix has annual net sales of approximately SEK 50 million.Afry AB (OM:AFRY) completed the acquisition of Blix Consultancy B.V. on February 16, 2023. Duyuru • Feb 10
Afry AB Proposes Dividend for 2022 Afry AB announced that Board of Directors proposes a dividend for 2022 of SEK 5.50 against SEK 5.50 per share paid for the same period a year ago. Board Change • Jan 11
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Henrik Ehrnrooth was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Dec 29
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Henrik Ehrnrooth was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 31
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Henrik Ehrnrooth was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 10
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Henrik Ehrnrooth was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 
