News

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.

Successful issuance of NOK 500 million unsecured green bonds

Arendals Fossekompani ASA (AFK) has successfully issued NOK 500 million in unsecured green bonds. The bonds have a 7-year tenor and was priced at a fixed coupon of 2.615%.

Solid fourth quarter from Arendals Fossekompani

Arendals Fossekompani reported revenues of NOK 1.014 million in the fourth quarter of 2020. An operating profit of NOK 71 million is 4.5 per cent higher than in the same quarter of 2019.

Alytic looking to hire top executives

Alytic is looking to hire two top executives: Chief Data Officer and Technology Investment Director.

Ettestøl nominated for energy industry award

Ingunn Ettestøl, Head of Sustainability at Arendals Fossekompani, is nominated for the Norwegian «Power Woman of the Year» award.