OM:SWEC BConstruction
Sweco (OM:SWEC B) Earnings Beat: Margin Growth Reinforces Optimistic Market Narratives
Sweco (OM:SWEC B) reported earnings growth of 14.2% over the past year, building on a 10% annual earnings growth rate over the past five years. Net profit margins reached 6.9%, up from 6.2% a year ago, and revenue is forecast to accelerate at 6.8% per year, outpacing the broader Swedish market’s 3.7% estimate. As investors digest these strong fundamentals, Sweco’s above-average valuation multiples and only minor risk regarding dividend sustainability may shape the market’s response to the...