AF Gruppen ASA (0DH7) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

This is a presentation of the first quarter of 2026 for the AF Group. Today's theme is power and energy, and will be presented to the board of directors Tormod Solberg. There will be opportunities for questions and answers after the presentation, and later today a general meeting will be held here at Construction City. Main points in this quarter. Our turnover ended at about 8 billion, with a result before tax of 318 million, which gives a result margin of 4%. The cash flow from drift was 347 million, and we had an order entry in this quarter of about 7.7 billion. Årdreserven per 31. mars var på 44,5 milliarder, og vi har en nettorentebærende fordring på 1,9 milliarder. In AF, we start with safety and health first. We had four incidents in this quarter that led to injury or serious personal injury without injury. When we divide that by the millions of hours that we and our sub-entrepreneurs perform, we get a H1 value of 0.8. The response last year was 0.9. And if we look at the H-value, it is 6.9 versus 8 last year. It is going in small steps in the right direction. However, we must strengthen the survival in our safety work, since we are going to reach our goal of everyone being safe at home from our business on the first day. If we look at health care, it is at 4.7% this quarter, against 4.8% last year. We want to look at health care at 3%. A closed health care means that we are talking about leadership, welfare and work environment, and not least productivity in the company. If we go back to the numbers, we have had a turnover growth of about 12%, so the turnover went from 7.1 billion to about 8 billion, and the result before the tax increased by 49%, which went from 214 million to 318 million. This gives a rise in the result margin of 1% and ends at 4% in the qua...