News

Tekna consolidates all European additive manufacturing production with new facility to support growth ambitions

AFK Portfolio company Tekna is a world-leading provider of advanced materials to industry. The new plant, located in France, is part of Tekna’s 10-year business plan to develop and accelerate growth in all three of its powder business segments.

Strong recognition from the Carbon Disclosure Project

Arendals Fossekompani has received a B from the Carbon Disclosure Project (CDP), widely regarded as the gold standard of environmental reporting.

Arendals Fossekompani presented with business award

Arendals Fossekompani has been awarded the Arendal Business Award for 2021. The award was presented during the Arendal city council meeting on Thursday.

“One of our best quarterly results ever”

Arendals Fossekompani ASA reported revenues of NOK 1,302 million in the third quarter of 2021 – 72% higher than in the same quarter last year. The operating profit was NOK 120 million – 94% higher than in the same quarter last year. AFK will pay NOK 0.85 per share in dividend for the third quarter.

Second quarter financial results

Arendals Fossekompani reported revenues of NOK 866 million in the second quarter of 2021, up 16% from the same quarter last year and an operating profit of NOK 77 million (10).

Arendals Fossekompani sells Cogen Energia to MET Group

Arendals Fossekompani (OSE:AFK) has entered into an agreement with European energy company MET Group for the sale of Cogen Energia.

AFK and Ferd join forces to establish offshore wind company

Seagust will apply for offshore wind acreage in Norway in the upcoming licensing round.

Portfolio company Alytic acquires Utel Systems

Alytic, a portfolio company of Arendals Fossekompani ASA, today announces the acquisition of Utel Systems as part of the strategy to transform data-driven companies with unique domain expertise into scalable Software-as-a-Service companies with international potential.

BoD proposes cash dividend of NOK 30

AFK has recently released substantial capital, and the Board of Directors is therefore proposing a cash dividend of NOK 30 per share to be paid in May 2021.

Opening bell rang for Tekna at Euronext Growth Oslo

Tuesday marks the first day of trading of the Tekna Holding share on Euronext Growth Oslo.

Contemplated private placement and listing of Tekna Holding on Euronext Growth

AFK sells its shareholding in Victoria Eiendom and Eiendomsspar

Arendals Fossekompani has sold shares worth more than NOK 800 million in Victoria Eiendom and Eiendomsspar.