AF Gruppen reports strong Q3 profit, revenue growth

Nov 13, 2026
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Investing.com — AF Gruppen reported an operating profit of NOK 576 million for the third quarter, up 41.9% from NOK 406 million in the same period last year. Revenue reached NOK 8.88 billion, an increase of 13.8% YoY from NOK 7.80 billion.

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The operating margin improved to 6.5% in the third quarter from 5.2% a year earlier. Earnings per share rose to NOK 3.33 from NOK 2.36 in the prior-year quarter.

For the first nine months of the year, operating profit totaled NOK 1.42 billion compared to NOK 1.02 billion in the same period of 2025. Revenue for the period was NOK 25.91 billion, up from NOK 22.74 billion YoY. The year-to-date operating margin stood at 5.5%, compared to 4.5% in the prior year.

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Cash flow from operating activities was NOK 1.02 billion in the third quarter, slightly higher than NOK 1 billion a year earlier. Year-to-date operating cash flow was NOK 1.58 billion, down from NOK 1.91 billion in the prior-year period.

The company’s order backlog as of September 30 was NOK 45.96 billion, compared to NOK 44.38 billion a year earlier. Order intake for the third quarter totaled NOK 5.07 billion, down from NOK 7.69 billion in the same quarter last year. Year-to-date order intake reached NOK 27.15 billion versus NOK 26.77 billion.

Net interest-bearing receivables stood at NOK 959 million as of September 30, up from NOK 524 million a year earlier.

The Board of Directors approved an additional dividend of NOK 4.50 per share, compared to NOK 4.00 per share in the prior year.

Original Article

AF Gruppen reports strong Q3 profit, revenue growth

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