AF Gruppen ASA (0DH7) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and a warm welcome to the presentation for the third quarter of 2025 in the AF Group. Today's theme will be building cost development in construction, and will be presented to the board of directors for construction, Tormod Solberg. After the presentation, there will be a chance to ask questions. Main points in this quarter. We got a turnover of 7.8 billion. We had a result before tax that ended at 398 million, which gives a result margin of 5.1%. We have a cash flow from DRIFTA of 1 billion blank, and we have an order entry in the third quarter at a right undercut of 7.7 billion, and we have an order reserve per 30.9 billion at a right under 44.4 billion. We have a net profit margin of 524 million, and the board has VT an additional exchange rate of 4 kroner per share. In AF, we start with safety and health first. In this quarter, we have had one event that has either led to injury or serious injury without injury, and we include sub-entrepreneurs in our numbers. This gives a H1 frequency of 0.2 and a hit per year of 0.5. The trend is in a positive direction, but the goal in AF is zero, because everyone will come home safe and sound for one day. The H2 value went in the opposite direction. It ended at 9.1% in the quarter and is up to 7.8% this year. Health care is also in that direction and is up to 4.4% and 4.5% this year. At AF, we aim for a sick leave of absence of 3%, because we believe it says a lot about the working environment, productivity and, not least, the welfare. If we look at the figures, we have had a turnover growth of a little over 8% and ended at 7.8 billion in the quarter. The result for the tax increase from 289 million to 398 million in this quarter, which gives a result improvement of 1.1 percentage point, and the result margin ended at ...