ÅF is an engineering and consulting company with assignments in the energy, industrial and infrastructure sectors, creating progress for their clients since 1895.
By connecting technologies they provide profitable, innovative, and sustainable solutions to shape the future and improve people’s lives.
Building on their strong base in Europe, their business and clients are found all over the world.
ÅF shall be the most profitable company among its closest comparable competitors in the industry and achieve an operating margin of at least 10 percent over a business cycle.
Net debt shall be between 1.5 and 2.0 times EBITDA over a business cycle.
Sales of 2 billion euros by 2020.
Human resources objective
Better balance in the gender ratio. An intermediate target is for at least 30 percent of managers and at least 30 percent of employees to be women by 2020.
ÅF works resolutely to become a more sustainable company. Three overarching focus areas form the basis of the company’s sustainability work.
Responsible business transactions
The goals for these areas extend until 2020.
ÅF’s four divisions work together to create the best solutions and strongest teams for each and every client. The key elements of the ONE ÅF strategy are:
ÅF’s business activities are conducted as decentralised operations under one and the same brand and with common processes and systems. A strong corporate culture with shared values ensures that they work together and exploit all of the experience that is represented within ÅF.
ÅF has access to more than 100 million hours of engineering experience – know-how and solutions that are documented in “ONE”, their unique knowledge database that is available to every ÅF employee. This means that:
Every ÅF employee can make use of the full, combined strength of ÅF
ÅF is ready to tackle every technical challenge, now and in the future
Number one or two in every market
ÅF aims to be the number one or two as measured by sales in the segments in which they operate.
Both organic growth and growth through acquisitions
Their rate of growth will remain high. ÅF will grow both organically and through acquisitions. Half of this growth is to come from acquisitions, which must strengthen the company in their main sectors – energy, industry and infrastructure – and fit well with ÅF in terms of corporate culture. Above all, ÅF’s continued growth is to occur in its domestic markets and the global energy market.