Linda Palsson
President & CEO
Good morning, and a warm welcome to Afry’s presentation of our Q3 results. I am Linda Palsson, President and CEO, and I will, together with Bo Sandstrom, present our numbers. And after the presentation, we will open up for Q&A.
Afry delivered stable results for the third quarter with improvement in several of our key metrics. The order backlog remains strong and amounted to SEK 22.1 billion. Total sales growth was 1.9% with positive contribution from the company, AMC, that we acquired in the second quarter. Organic sales declined 1.5%, marking a lower rate of decline that we have seen in recent quarters. We continue to build on the operational improvements we have achieved over the past year. Our EBITA margin improved to 6.8%, supported by the utilization rate, which increased to 72.9%. And as we said in Q2, our focus has shifted to organic growth across the organization. And this will be key to translating the improvements into a sustainable profitability uplift.
So let me now walk through the performance of each global division, starting with Energy. Here, we continue to see strong demand across all segments. Long-term market trends are favorable. They’re supported by electrification, grid expansion and fossil-free energy production. And in August, Afry Management Consulting was recognized by Forbes as one of the world’s best management consulting firms, and that was for the fifth year in a row. And increasing the share of advisory services remains a key priority in our unlocking Afry strategy. Our strong reputation
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