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AF Gruppen recorded fourth quarter revenues of NOK 8,378 million. Profit before tax was NOK 292 million in the quarter, corresponding to a profit margin of 3.5%. The order backlog was NOK 41,991 million at the end of the quarter.

News | AF Gruppen

Will future building materials be made of recycled steel from old ships and oil platforms? Under the leadership of AF Offshore Decom, a research project can provide the answer.

News | Offshore

AF Gruppen has entered into an agreement with Storøykilen Utvikling AS, a wholly-owned subsidiary of OBOS Fornebu AS, to build Block 4 in the residential project Storøykilen at Fornebu in Bærum. The project will be carried out as a turnkey contract and has a value of approximately NOK 425 million incl. VAT.

News | AF Gruppen, Building

LAB Entreprenør, a company in AF Gruppen, has entered into an agreement with REQ for the rehabilitation and conversion of Augustin Hotel in Bergen. The contract is a turn key contract valued at approx. NOK 115 million, excluding VAT.

News | AF Gruppen, Building

Strøm Gundersen AS, a company within AF Gruppen, has been selected as the contractor for two contracts for the construction of a hotel and an office building in Brakerøya, Drammen. Both contracts are turnkey contracts and have a combined value of NOK 516 million excluding VAT.

News | AF Gruppen, Building

LAB Entreprenør, a company within AF Gruppen, has entered into an agreement with Gjelsten Bolig (formerly known as Profier) for the residential project Sjøbodene in Sandviken, Bergen. The contract is a turnkey project with an estimated value of approximately NOK 285 million excluding VAT.

News | AF Gruppen, Building

AF Gruppen has been nominated as the contractor by the South-Eastern Norway Regional Health Authority for the construction of temporary office and accommodation facilities at the New Rikshospitalet (Oslo University Hospital) in Gaustad, Oslo. The agreement covers the setup, operation, and dismantling of offices, dining, and changing facilities. The estimated value of the contract is NOK 129 million excluding VAT.

News | AF Gruppen, Environment

Fundamentering AS (FAS), a company within AF Gruppen, has entered into a contract with Metrostav Norge AS for foundation work on the Ramfjord Bridge in Troms. The client is the Norwegian Public Roads Administration. The contract is valued at approximately NOK 100 million excluding VAT.

News | AF Gruppen, Civil Engineering

AF Gruppen recorded NOK 8,595 million revenues in the fourth quarter. Profit before tax was NOK 589 million in the fourth quarter, corresponding to a profit margin of 6.9%. Order intake was NOK 12,505 million in the fourth quarter, resulting in a total order backlog at the end of the quarter of NOK 40,351 million.

News | AF Gruppen

AF Bygg Väst, a subsidiary of AF Gruppen, has been awarded the contract by the City of Gothenburg’s real estate administration to carry out the refurbishment and extension of Frölundabadet in Gothenburg. The contract value is SEK 253 million excluding VAT.

News | AF Gruppen, Building

Aeron, a company within AF Gruppen, has been awarded a contract by the steel producer Stegra for the delivery of ventilation systems (HVAC) to their new production facility in Sweden. The agreement is valued at approximately NOK 200 million excluding VAT.

News | AF Gruppen, Offshore

AF Gruppen has received a letter of award for a decommissioning contract from Scaldis Salvage & Marine Contractors NV. The project will involve the engineering and offshore preparation, of 3 bridge linked platforms for removal on the UK continental shelf. The agreement has an estimated value of 100-125 MNOK excluding VAT.

News | AF Gruppen, Offshore

Strøm Gundersen Vestfold, a subsidiary of AF Gruppen, has been selected by Kaldnes Utvikling as the contractor for the construction of a new office building in Horten. The contract will be executed as a collaborative contract and has a value of approximately NOK 108 million excluding VAT.

News | AF Gruppen, Building

Hydro Energi AS has announced its intention to enter into a contract with AF Gruppen for the construction of the Valldalen dam and flood diversion project. The agreement has an estimated value of NOK 200 million excluding VAT.

News | AF Gruppen, Civil Engineering

HMB, a subsidiary of AF Gruppen, has been commissioned to build care homes in Eskilstuna on behalf of Eskilstuna Kommunfastigheter AB. The project is being carried out as a turnkey contract and has a contract value of SEK 138 million excluding VAT.

News | AF Gruppen

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AF Gruppen had revenues in the fourth quarter of NOK 9,252 million. Earnings before tax amounted to NOK 653 million in the quarter, corresponding to a profit margin of 7.1 percent. The final quarter of the year ended with the highest revenues ever, record-strong results and solid order intake.

News | AF Gruppen

LAB Entreprenør, a subsidiary of AF Gruppen, has entered into an agreement with Sammen, the Student Welfare Organisation of Vestland, for the refurbishment of two residential blocks at Hatleberg in Bergen.

News | AF Gruppen, Building

Strøm Gundersen, a company within AF Gruppen, has been selected to construct the buildings Krafttårnet and Generatoren, which together constitute construction phase 2 of Drammen Helsepark. The client is Drammen Helsepark AS, which has established the project company DHP Bygg BK4‑2 AS as the contracting entity. The contract is valued at NOK 731 million excluding VAT and will be delivered as a turnkey contract. Drammen Helsepark AS is wholly owned by Bane NOR Eiendom AS.

News | AF Gruppen, Building

Statkraft Energi has announced its intention to enter into a contract with AF Gruppen for the rehabilitation of the Bjølsegrøvatn dam. The agreement is an execution contract and has an estimated value of NOK 400 million excluding VAT.

News | AF Gruppen, Civil Engineering