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Af Gruppen ASA (AFGRA.OL)

AFGRA.OL on Oslo Stock Exchange

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2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Af Gruppen: Strøm Gundersen to build office building in Oslo
Thursday, 29 Sep 2016 02:07am EDT 

Af Gruppen ASA : Strøm Gundersen AS to build Schweigaardsgate 33 in Oslo . Contract is for office building of 22,000 square meters . Contract is turnkey contract valued at 362 million Norwegian crowns, excluding VAT .Work is expected to start in November 2016, and building period is 18 months.  Full Article

Af Gruppen Q2 pre-tax profit down at NOK 249 million
Friday, 26 Aug 2016 02:30am EDT 

Af Gruppen ASA : H1 5.88 billion Norwegian crowns ($715 million) (6.02 billion crowns in H1 2015) . H1 pre-tax profit 435 million crowns (397 million crowns in H1 2015) . Q2 revenues were 3.17 billion Norwegian crowns versus 3.49 billion crowns year ago .Q2 pre-tax profit 249 million crowns versus 262 million crowns year ago.  Full Article

AF Gruppen: Strøm Gundersen to build 82 apartments in Drammen
Friday, 8 Jul 2016 06:15am EDT 

Af Gruppen ASA : Strøm Gundersen AS, in which AF Gruppen is principal shareholder, to build 82 apartments in Drammen . Contract is a design and build contract valued at 222 million Norwegian crowns ($26.11 million), excluding VAT .Work is expected to start in October 2016, and completion is scheduled for Q4 2018.  Full Article

AF Gruppen: AF Bygg Syd builds sewage treatment plant in Malmö, Sweden
Wednesday, 6 Jul 2016 06:30am EDT 

AF Gruppen ASA : AF Bygg Syd has been appointed general contractor by VA Syd for the construction of a new mechanical purification plant for Sjölunda sewage treatment plant in Malmö . Value is expected to reach 195 million Swedish crowns ($22.8 million) excluding VAT. . Work starts with design in Aug.2016 .New plant is expected to be completed in Dec. 2018..  Full Article

AF Gruppen nominated for contract at New Deichman Main Library
Monday, 4 Jul 2016 08:45am EDT 

Af Gruppen ASA : Nominated for contract at the New Deichman Main Library . Contract will be signed after a waiting period that ends on July 11, 2016 . Contract value, excluding options, is estimated at about 172 million Norwegian crowns ($20.70 million) excluding VAT . Work in implementation phase will be performed from April 2017 to end of September 2019 .Collaboration process will take place from autumn 2016 to spring 2017.  Full Article

AF Gruppen to build fourth stage at Thurmannskogen
Thursday, 30 Jun 2016 09:40am EDT 

Af Gruppen ASA : Says to build fourth stage at Thurmannskogen . Planned completion is for Q2 2019 . Project comprises 75 flats in three buildings .Project will be carried out as turnkey contract with total value of 141 million Norwegian crowns ($16.8 million), excluding VAT.  Full Article

AF Gruppen to rehabilitate tunnels in Rauma municipality
Friday, 24 Jun 2016 03:45am EDT 

AF Gruppen ASA : AF Gruppen to rehabilitate tunnels in Rauma municipality . Work starts in Aug. 2016 . Completion is scheduled for May 2018. .Contract is estimated at 308 million Norwegian crowns ($36.3 million) excluding VAT..  Full Article

AF Gruppen to build 84 apartments at Hasle
Tuesday, 21 Jun 2016 05:30am EDT 

Af Gruppen ASA : AF Gruppen has signed an agreement with Haslemann AS for the third construction phase of the housing project "Krydderhagen" at Hasle in Oslo . The residential development company Haslemann AS is owned 50/50 by AF Gruppen and Höegh Eiendom AS . Estimated value is 166 million Norwegian crowns ($20.10 million) excluding VAT . The planning phase is underway and the work will commence in August .The project is expected to be completed in Q2 2018.  Full Article

AF Gruppen unit wins construction deal in Bergen
Thursday, 16 Jun 2016 06:20am EDT 

AF Gruppen ASA : Says the company's unit, LAB Entreprenør, to construct next phase of Lagunen Storsenter in Bergen . Turnkey contract is valued at 615 million Norwegian crowns ($73.48 million) excluding VAT .Construction work is planned to start at end of September.  Full Article

AF Gruppen to build for Statsbygg at Campus Ås
Wednesday, 1 Jun 2016 07:45am EDT 

AF Gruppen ASA : AF Gruppen has received an announcement of a contract award for Statsbygg for project 1000501 Campus Ås SLP . The contract will be carried out as a general contract, and it is valued at 273 million Norwegian crowns ($32.78 million), excluding VAT .The work will start in October and the construction period will last approximately 20 months.  Full Article