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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  AF Gruppen ASA    AFG   NO0003078107

AF GRUPPEN ASA

(AFG)
  Report
Real-time Quote. Real-time Oslo Bors - 01/22 10:25:00 am
174.4 NOK   +1.40%
01/21AF GRUPPEN : Buys 50% Of Plot For Housing From Boetablering
MT
01/21AF GRUPPEN : Plot purchase at Askøy outside Bergen
AQ
01/11AF GRUPPEN : Unit Wins $11.9 Million Contract In Sweden
MT
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

AF Gruppen : To build apartments in Porsgrunn

11/11/2020 | 06:31am EST
Betonmast, a subsidiary of AF Gruppen, has signed a contract with Porsgrunn
Bolig AS to build the Frednes Brygge II project in Porsgrunn. The contract is a
design and build contract valued at approximately NOK 210 million, excluding
VAT.

In total, Frednes Brygge II comprises 65 apartments in two structures above
underground parking. The contract is in two parts, where the first comprises the
parking facility and the first block of 34 apartments, in addition to design and
engineering of the entire project. There are sales reservations for the second
construction stage of the contract for the remaining 31 apartments. 

"We are very proud and grateful that Porsgrunn Bolig has placed confidence in us
to also undertake building of this stage at Frednes Brygge. We have built
several projects in Porsgrunn in the recent years and are pleased to play a part
in making our mark on the city's development. We are now looking forward to
continue the good cooperation with the developers," says CEO Jørgen Evensen of
Betonmast.

Construction is scheduled to start in the first quarter of 2021, and completion
is estimated to be in the fourth quarter of 2022.

For further information:
Jørgen Evensen, CEO of Betonmast, tel.: +47 906 09 310
Bård Frydenlund, EVP, Sweden and Betonmast for AF Gruppen, tel.: +47 918 68 621

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

All news about AF GRUPPEN ASA
01/21AF GRUPPEN : Buys 50% Of Plot For Housing From Boetablering
MT
01/21AF GRUPPEN : Plot purchase at Askøy outside Bergen
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01/11AF GRUPPEN : Unit Wins $11.9 Million Contract In Sweden
MT
01/11AF GRUPPEN : Awarded new logistics contract in Gothenburg
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01/06Norway's December housing prices rose 0.8% seasonally adjusted versus Novembe..
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2020AF GRUPPEN : Wins Contract To Build 75 Apartments In Örebro, Sweden
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2020AF GRUPPEN : To build 75 apartments in Örebro
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2020AF GRUPPEN : Signs Deal To Build Office Building In Trondheim, Norway
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More news
Financials
Sales 2020 26 704 M 3 156 M 3 156 M
Net income 2020 885 M 105 M 105 M
Net cash 2020 143 M 16,9 M 16,9 M
P/E ratio 2020 20,8x
Yield 2020 5,45%
Capitalization 18 463 M 2 174 M 2 182 M
EV / Sales 2020 0,69x
EV / Sales 2021 0,61x
Nbr of Employees 5 523
Free-Float 39,8%
Chart AF GRUPPEN ASA
Duration : Period :
AF Gruppen ASA Technical Analysis Chart | AFG | NO0003078107 | MarketScreener
Technical analysis trends AF GRUPPEN ASA
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 2
Average target price 152,00 NOK
Last Close Price 174,40 NOK
Spread / Highest target -1,38%
Spread / Average Target -12,8%
Spread / Lowest Target -24,3%
EPS Revisions
Managers and Directors
NameTitle
Amund Toftum Group Chief Executive Officer
Pål Egil Rønn Chairman
Morten Grongstad President
Sverre Alf Hærem Chief Financial Officer & Executive Vice President
Arne Che Sveen Director
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