Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Afry AB
  6. News
  7. Summary
    AFRY   SE0005999836


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Afry : New survey shows that majority of young Europeans want to live in small cities

10/13/2021 | 05:12am EST
Wed, 10/13/2021 - 11:00

A new survey commissioned by the engineering and design company AFRY shows that young Europeans prefer to live in small cities with less than 100 000 inhabitants. Only one in ten wants to live in cities with more than 1 million inhabitants and affordable housing is the most important factor when young adults choose where to live in the future.

To understand how the pandemic has affected young people's views on their future and where to live, AFRY has conducted a survey among 6 000 young adults, aged 18-35, in seven European countries, during August to September 2021. The results suggest that the pandemic has had an effect on young adults preferences, as one in four (24 percent) state that their attitude towards living in a city has changed negatively.

Young Europeans don't want to live in megacities, instead small and mid-sized cities have a greater appeal. A majority (58 percent) prefer cities with less than 100 000 inhabitants, and one third want to live in communities with no more than 20 000 inhabitants. This is especially true in Austria and Switzerland, while young adults living in the Nordic countries prefer a mid-sized city.

Affordable housing is ranked highest when young Europeans are asked about main factors for choosing where to live. Work, studies and living close to green areas are other identified strong drivers.

"The big cities' housing markets are challenging, and yet again we see that young Europeans want to live in smaller cities, where we know that proximity and access to schools, work, culture and green areas are highly valued",says Helena Paulsson, VP and Head of BA Architecture and Design at AFRY.

It is clear that sustainability - social, economic and environmental - is important to young people. Not only do they see climate change as the biggest challenge for future cities, almost half of the respondents (47 percent) value that their local decision makers have an ambitious sustainability agenda.

"We need to listen to young people when making decisions that will affect their future. This is a great opportunity to discuss what makes a city attractive for young Europeans to live and reside in. We are situated at the forefront of sustainable urban development, but we always need to keep listening and learning", says Jonas Gustavsson, President and CEO at AFRY.

The survey was conducted by the research company YouGov between 23 August and 6 September 2021 among young people aged 18 to 35 in seven European countries: Sweden, Norway, Finland, Denmark, Austria, Switzerland and Germany. In total 6,205 took part in the survey. A high-level summary can be found as an attachment.

AFRY is a European leader in engineering, design, and advisory services, with a global reach. We accelerate the transition towards a sustainable society.
We are 16,000 devoted experts in infrastructure, industry, energy and digitalisation, creating sustainable solutions for generations to come.
Making Future
Related files


ÅF Pöyry AB published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 09:11:04 UTC.

ę Publicnow 2021
All news about AFRY AB
11/26Afry Issues $110 Million Senior Unsecured Bond
11/26AFRY issues bond totalling SEK 1 billion and secures a new EUR 50 million term loan
11/22AFRY : The Kalasatama-Pasila Project enters the next phase – new tramway and street ..
11/19AFRY : signs agreement to acquire Norwegian Vivento AS
11/19AFRY AB (OM : AFRY) agreed to acquire Vivento As.
11/18AFRY : on Allbright's green list for gender equality
11/18AFRY : Norwegian Lighting Design Award 2021
11/11CORRECTION : AFRY Sets Up New Software Services Division
11/11AFRY Sets Up New Software Services Division
11/11AFRY's AFRY X Unit To Become New Unit To Develop Software Services, Solutions in IoT, A..
More news
Sales 2021 20 022 M 2 187 M 2 187 M
Net income 2021 1 233 M 135 M 135 M
Net Debt 2021 5 769 M 630 M 630 M
P/E ratio 2021 22,8x
Yield 2021 2,40%
Capitalization 28 302 M 3 108 M 3 092 M
EV / Sales 2021 1,70x
EV / Sales 2022 1,55x
Nbr of Employees 16 680
Free-Float 73,8%
Duration : Period :
Afry AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AFRY AB
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 2
Last Close Price 250,00 SEK
Average target price 329,00 SEK
Spread / Average Target 31,6%
EPS Revisions
Managers and Directors
Jonas Mikael Gustavsson President & Chief Executive Officer
Juuso Edvard Pajunen Chief Financial Officer
Tom Erixon Chairman
Anders Tage Snell Independent Director
Joakim Rafael Rubin Independent Director
Sector and Competitors
1st jan.Capi. (M$)
AFRY AB-0.48%3 108
EDENRED SE-12.91%11 395