OverviewSuggest Edit

AFRY (formerly known Poyry) is an international engineering, design, and advisory company. It operates through five divisions: Infrastructure, Industrial and Digital Solutions, Process Industries, Energy, and Management Consulting. The Infrastructure division offers technical solutions for buildings and transport infrastructure as well as for water, sustainability, and the environment, and also operates in the fields of architecture and design. The Industrial and Digital Solutions division conducts engineering operations in product development, production systems, IT, and defence technology. The Process Industries division provides engineering and consulting services, project management and implementation services to clients in the process industry, mainly in the forest, chemical and biorefining industries and the metal and mining industries. The Energy division has expertise in the generation, transmission and distribution of electricity generated from various energy sources, such as water, coal, gas, bio- and waste fuel, nuclear power and wind and solar renewable energy sources. The Management Consulting Division provides strategic and operational advisory services across the value chain, and its core services encompass a range of consulting services and include corporate and business strategies; resource, technology and investment strategies, etc.

TypePublic
Founded1895
HQSolna, SE
Websiteafry.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Sept 2021)16,680(+6%)
Revenue (FY, 2020)KR19 B(-4%)
Share Price (Nov 2021)KR256.2
Cybersecurity ratingCMore
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Key People/Management at AFRY

Jonas Gustavsson

Jonas Gustavsson

President and Chief Executive Officer
Juuso Pajunen

Juuso Pajunen

Chief Financial Officer
Carina Håkansson

Carina Håkansson

Director and Member of the Audit Committee
Jenny Lilja Lagercrantz

Jenny Lilja Lagercrantz

Executive Vice President and Head of Human Resources
Cathrine Sandegren

Cathrine Sandegren

Executive Vice President and Head of Communications and Brand
Susan Gustafsson

Susan Gustafsson

Group General Counsel
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AFRY Office Locations

AFRY has offices in Solna, Alingsås, Åmål, Avesta and in 156 other locations
Solna, SE (HQ)
Frösundaleden 2A
Alingsås, SE
Sandbergsvägen 4a
Avesta, SE
Bergslagsvägen 33
Boden, SE
Kyrkgatan
Boden, SE
Pontonjärvägen
Bollnäs, SE
Långgatan 30
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AFRY Financials and Metrics

AFRY Revenue

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AFRY's revenue was reported to be kr18.99 b in FY, 2020 which is a 4% decrease from the previous period.
SEK

Revenue (FY, 2020)

19.0b

Revenue growth (FY, 2019 - FY, 2020), %

(4%)

Gross profit (FY, 2020)

15.2b

Gross profit margin (FY, 2020), %

79.9%

Net income (FY, 2020)

991.0m

EBITDA (FY, 2020)

2.3b

EBIT (FY, 2020)

1.5b

Market capitalization (14-Jul-2021)

31.7b

Closing stock price (14-Jul-2021)

295.8

Cash (31-Dec-2020)

1.9b
AFRY's current market capitalization is kr31.7 b.
Annual
SEKFY, 2018FY, 2019FY, 2020

Revenue

14.0b19.8b19.0b

Revenue growth, %

10%42%(4%)

Cost of goods sold

3.5b4.4b3.8b

Gross profit

10.4b15.4b15.2b
Quarterly
SEKQ1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Revenue

3.4b3.6b3.0b4.0b4.4b5.4b4.6b5.4b5.3b

Cost of goods sold

813.0m900.0m777.0m1.1b1.0b1.2b1.0b1.2b972.0m

Gross profit

2.6b2.7b2.2b2.9b3.4b4.2b3.6b4.2b4.3b

Gross profit Margin, %

76%75%74%73%77%78%78%78%82%
Annual
SEKFY, 2018FY, 2019FY, 2020

Cash

239.0m997.0m1.9b

Current Assets

4.8b7.5b7.6b

PP&E

571.0m587.0m539.0m

Total Assets

13.2b24.4b23.6b
Quarterly
Annual
SEKFY, 2018FY, 2019FY, 2020

Cash From Operating Activities

874.0m2.0b2.1b

Cash From Investing Activities

(1.2b)(5.3b)(345.0m)

Cash From Financing Activities

306.0m4.1b(987.0m)

Net Change in Cash

26.0m769.0m753.0m
Quarterly
SEKQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash From Operating Activities

221.0m403.0m515.0m292.0m343.0m915.0m370.0m

Cash From Investing Activities

(93.0m)(245.0m)(333.0m)(4.8b)(5.0b)(5.1b)(127.0m)

Cash From Financing Activities

(110.0m)(185.0m)(195.0m)5.3b5.1b4.8b(355.0m)

Net Change in Cash

17.0m(27.0m)(13.0m)777.0m396.0m579.0m(112.0m)
SEKQ1, 2018

Financial Leverage

2.2 x
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AFRY Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Countries (Offices)

33354040

Countries (Projects)

101105100100
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AFRY Acquisitions / Subsidiaries

Company NameDateDeal Size
Solid Engineering ASSeptember 30, 3016
Cervino Consulting ABNovember 05, 2019
Sonny Svenson Konsult ABSeptember 03, 2019
CTT Systems ABSeptember 02, 2019
AF-Incepal S.A.July 02, 2019
Pöyry PLCFebruary 19, 2019$611 m
IFEC ingegneria SANovember 13, 2018
P.A.P A/SOctober 03, 2018
Profil-Bau Industrial OySeptember 03, 2018
LBP AGJuly 12, 2018
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AFRY Revenue Breakdown

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AFRY revenue breakdown by business segment: 17.4% from Process Industries, 25.8% from Industrial & Digital Solutions, 14.0% from Energy, 38.7% from Infrastructure and 4.1% from Other

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AFRY Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

AFRY Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

AFRY Online and Social Media Presence

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AFRY News and Updates

AFRY is developing the next generation of computer modelling solutions

Computer simulation helps to see the big picture, to simplify the complex, and to develop practicable solutions. At AFRY we have been working to make it easier than ever to use computer processing power to better understand a part of your world.

AFRY Management Consulting strengthens international transaction service capabilities

AFRY Management Consulting has strengthened its international transaction service capabilities, appointing Managing Director Kai Karring into the leadership team as head of the new global energy transaction service line. Kai Karring is based in AFRY's Zurich office and is supported by Senior Princip…

AFRY expands its operations in the Mining and Metals sector in Brazil

Pöyry, part of AFRY, has decided to strengthen its operations and competences towards Mining & Metals sector clients in Brazil. To reach that goal, company has opened a new office in Ipatinga and continues to grow the existing office in Belo Horizonte.

AFRY to Supply a New Processing Plant to Hennig-Olsen Is in Norway

Hennig-Olsen Is is the oldest ice cream producer in the Nordic region. The factory in Kristiansand produces approximately 32 million litres of ice cream and frozen desserts every year, which represents nearly half of the Norwegian ice cream market. After inviting tenders from a number of companies, …

AFRY Receives EWB Award

At a prize ceremony held in Stockholm, AFRY was awarded “for being a large player that is making a huge bet on the future, and that is truly going all-in on sustainability”

На проект комплекса по глубокой переработке древесины в Богучанах выделят $10 млн

ООО "Тайга Богучаны" (дочерняя компания ООО "Роквелл Капитал" Глеба Франка) намерена в 2026 году ввести в эксплуатацию в Богучанском районе Красноярского края биотехнологический комплекс (БТК) по глубокой переработке древесины, сообщила пресс-служба компании.
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AFRY Frequently Asked Questions

  • When was AFRY founded?

    AFRY was founded in 1895.

  • Who are AFRY key executives?

    AFRY's key executives are Jonas Gustavsson, Juuso Pajunen and Carina Håkansson.

  • How many employees does AFRY have?

    AFRY has 16,680 employees.

  • What is AFRY revenue?

    Latest AFRY annual revenue is kr19 b.

  • What is AFRY revenue per employee?

    Latest AFRY revenue per employee is kr1.1 m.

  • Who are AFRY competitors?

    Competitors of AFRY include Arup, Team and IMEG.

  • Where is AFRY headquarters?

    AFRY headquarters is located at Frösundaleden 2A, Solna.

  • Where are AFRY offices?

    AFRY has offices in Solna, Alingsås, Åmål, Avesta and in 156 other locations.

  • How many offices does AFRY have?

    AFRY has 180 offices.