Arendals Fossekompani ASA provided earnings guidance for the year 2023 and 2024. In light of the market's estimated power price trend for 2023, revenues and operating profit for AFK Vannkraft is expected to be lower than in 2022. Revenues and operating profit from AFK Vannkraft is expected to further decrease in 2024.

Following high activity levels in all portfolio companies, 2023 revenue and operating profit for AFK Group as a whole is expected to be higher than in 2022. In particular driven by positive outlook for Volue, ENRX and Tekna, AFK expects continued revenue growth for the Group in 2024, whilst operating profit is expected to be in line with 2023.