Åf group viktor svensson, ir november 2009

ÅF Group

Viktor Svensson, IR

November 2009

22

ÅF in a Global World4 400 employees, 23 countries

Own offices / Subsidiaries / Branch Offices

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ÅF today

ÅF

Energy920 employees

Engineering1 270 employees

Infrastructure1 660 employees

Inspection470 employees

4 319 employees in 23 countries

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Energy marketand the longer term outlook remains good

Source IEA

2005 level

Global power generation in 2030 EUROPE:• CO2 reduction targets, emerge of electricvehicles, energy efficiency initiatives,new energy technologies => demand for ÅF• Over half of Europe’s power plantsare already past their mid-life time (RWE)

• 1 200 TWh new power production inEurope by 2020 (EURELECTRIC)

WORLD:• Electricity demand will certainly return to its growth pattern with the global economy• 13 000 TWh new power production inthe world by 2030 (IEA)

ÅFs ’top clients’

Alpiq Banverket (Swedish National Rail Administration) Ericsson Fortum FMV (Swedish Defence Material Administration) SL (Stockholms Regional Transport Authority) Vattenfall Westinghouse

Development, 2005-2009(Rolling 12 months)

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2005 2006 2007 2008 2009

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2005 2006 2007 2008 20090123456789

101112

2005 2006 2007 2008 2009

Revenue EBIT EBIT marginMSEK MSEK %

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Division Jan-Sept2009

Jan-Sept2008 Q3 2009 Q3 2008

Engineering 10.0% 9.8% 9.3% 6.5%

Inspection 9.3% 12.1% 12.1% 13.4%

Energy 8.5% 11.4% 8.1% 12.7%

Infrastructure 7.3% 9.6% 4.2% 5.7%

ÅF Group 8.2% 10.3% a) 7.2% 8.2% b)

Operating margin

a) excluding Alecta fee discount 9.4%b) excluding Alecta fee discount 7.3%

ÅF vs Peers Q2 2009

MSEK Revenue EBIT %

ÅF 1 199 (1 174) 8,4 (11,5)

Sweco 1 395 (1 469) 8,4 (12,1)

Grontmij MEUR 207 (221) 5,0 (6,2)

Rejlers 195 (205) 3,6 (11,6)

Pöyry 3 620 (4 140) 2,7 (13,8)

Semcon 602 (902) -10,5 (7,9)

WSP N/A N/A

Atkins N/A N/A

Framgångsfaktorer (så här långt)

Nytt marknadsfokus (Energi, Miljö, Infrastruktur)

Bra förvärv

”Great people” (strategin, sekundär)

Självförtroende ! Coola – men ändå helylle.

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1010

ÅF a top choice among professional graduates

Career Index 2009/2010The “Career Index” survey asked 6,500 of Sweden’s actively employed engineering graduates which company they would most like to work for.

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Powerful branding

The best partner for the best clients

ÅF meets every technical challenge

ÅF’s business model outperforms all competitors

ÅF sales will total 1 billion euro by 2015

VIS

ION

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ÅF-aktien

Noterad på Stockholmsbörsen 1986

Noterat på Mid Cap-listan

Antal aktieägare: cirka 5 500

Största aktieägare: ÅForsk

Antal aktier: 17 miljoner

Börsvärde: 3 000 MSEK

Svenska ägare: 62% av kap. 76% av rösterna

Utländska ägare: 38% av kap. och 24% av rösterna

The ÅF share vs Stockholm-index

Share-price performance & volume- average daily value, SEK

2004 : +14% (+18%) 836 000

2005 : +78% (+33%) 2 507 000

2006 : +36% (+24%) 6 461 000

2007 : +17% (-6%) 6 341 000

2008 : -29% (-42%) 7 320 000

2009* : +46% (+39%) 6 804 000

2010

*September 2009

Q&A – session