Announcement • Jul 23
Sweco Group Announces Appointment of Alex Lane as Business Area President for Sweco UK and Member of Sweco Group's Executive Team, Effective October 1, 2026 Sweco UK announced that Alex Lane was appointed as the new Business Area President for Sweco UK and became a member of Sweco Group's Executive team, effective October 1, 2026. Alex Lane has extensive experience from the professional service sector operating and leading complex, multidisciplinary teams across UK and Europe. Throughout his career he has worked across a variety of sectors, including the built environment, infrastructure, transportation, and defence. At Jacobs, where he's been since 2012, he most recently led the European Cities & Places business. Alex Lane holds a master's in mechanical engineering and is a Chartered Engineer. Buy Or Sell Opportunity • Jul 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €11.72. The fair value is estimated to be €14.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Reported Earnings • Jul 19
Second quarter 2026 earnings released: EPS: kr1.66 (vs kr1.37 in 2Q 2025) Second quarter 2026 results: EPS: kr1.66 (up from kr1.37 in 2Q 2025). Revenue: kr8.57b (up 9.4% from 2Q 2025). Net income: kr600.0m (up 21% from 2Q 2025). Profit margin: 7.0% (up from 6.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. Announcement • Jul 16
Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Stein Ingenieure GmbH. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Stein Ingenieure GmbH on July 14, 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Katrien Beuls was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Sweco AB (publ) Approves Dividend, Payable on 29 April 2026 Sweco AB (publ) at its AGM held on April 22, 2026, approved dividend of SEK 3.70 per share. The record date is 24 April 2026, and payment is expected to be made on 29 April 2026. Announcement • Mar 12
Sweco AB (publ) to Report Fiscal Year 2025 Final Results on Mar 26, 2026 Sweco AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Mar 26, 2026 Announcement • Mar 05
Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Conix RDBM Architects. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Conix RDBM Architects on March 4, 2026.
For the period ending December 31, 2025, Conix RDBM Architects reported total revenue of €7.6 million.
The expected completion of the transaction is April 30, 2026. Announcement • Oct 17
Sweco AB (publ) (OM:SWEC B) acquired Assar Architects Soc.Civ. SCRL. Sweco AB (publ) (OM:SWEC B) acquired Assar Architects Soc.Civ. SCRL on October 16, 2025. The acquisition will strengthen Sweco’s organisation through the addition of approximately 150 experts and the company is being consolidated into Sweco immediately.
For the period ending December 31, 2024, Assar Architects Soc.Civ. SCRL reported total revenue of approximately €16.5 million.
Sweco AB (publ) (OM:SWEC B) completed the acquisition of Assar Architects Soc.Civ. SCRL on October 16, 2025. Announcement • Jul 04
Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Volantis B.v. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Volantis B.v. on July 4, 2025.
For the period ending December 31, 2024, Volantis B.v. reported total revenue of €19.1 million. Announcement • Jun 05
Sweco AB (publ) (OM:SWEC B) agreed to acquire Brain Of Buildings B.v. Sweco AB (publ) (OM:SWEC B) agreed to acquire Brain Of Buildings B.v. on June 5, 2025. Announcement • May 09
Sweco AB (publ) (OM:SWEC B) acquired Juust B.v. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Juust B.v. on May 9, 2025. The acquisition strengthen Sweco’s offering and geographical presence in the southwestern part of the Netherlands, particularly in the province of Zeeland. The acquisition adds Almost 40 experts from Juust and more than 30 consultants and engineers to Sweco’s team of 2,200 architects, engineers, and consultants in the Netherlands.
For the period ending December 31, 2024, Juust B.v. reported total revenue of €4.1 million.
Sweco AB (publ) (OM:SWEC B) completed the acquisition of Juust B.v. on May 9, 2025. Announcement • Apr 09
Sweco AB Appoints Jan Allde as New CFO, Effective from 1 August 2025 Sweco AB has appointed Jan Allde as new CFO. Jan Allde will take office on 1 August 2025 and succeed Olof Stålnacke, who has previously announced that he will leave Sweco at his own request during the summer of 2025. Sweco continues to grow and deliver solutions to clients in the transformation of Europe's energy systems, industries, transportation infrastructure and city and urban planning. After a successful 2024 driven by the ongoing green transition and growing areas such as security, defence and digitalisation, Sweco's focus is on continued profitable growth in 2025. Mr. Allde has had a long career within the ABB Group, where he was CFO for the company's operations in the US. He comes most recently from the role as CFO of the Alfa Laval Group. Mr. Allde is also a member of the board of the AI company Norna AB. Announcement • Feb 20
Sweco AB (publ) announces Annual dividend, payable on May 07, 2025 Sweco AB (publ) announced Annual dividend of SEK 3.3000 per share payable on May 07, 2025, ex-date on April 30, 2025 and record date on May 02, 2025. Announcement • Feb 08
Sweco AB (publ), Annual General Meeting, Apr 29, 2025 Sweco AB (publ), Annual General Meeting, Apr 29, 2025, at 15:00 W. Europe Standard Time. Location: stockholm Sweden Announcement • Feb 07
Sweco AB (Publ) Proposes Dividend The Board of Directors of Sweco AB (publ) proposed a dividend distribution of SEK 3.30 per share (2.95). Announcement • Dec 03
The Alliance Agreement Between Rejlers, Skanska, Sweco, Sipti and APRT Architects Announce Progression of the Project to Its Implementation Phase Metropolitan Area Transport Ltd, responsible for the construction of a new tram depot in Koskela, Helsinki, has approved the progression of the project to its implementation phase. The alliance agreement between Rejlers, Skanska, Sweco, Sipti and APRT Architects marks the start of a continued collaboration between the parties. The tram depot project has ambitious environmental targets, aiming at significantly reducing carbon emissions and contributing to Helsinki's goal of climate neutrality by 2030. The new Koskela tram depot will respond to the demands of rapidly increasing volumes of tram traffic and sustainable urban mobility. The new depot will have 41,000 square metres of gross floor area. Among other things, the depot will have space to store approximately 50 trams, approximately 13 daily maintenance areas, 13 maintenance bays, a lathing track, and areas to store and service the maintenance vehicles. Rejlers will bring strong expertise in technical building services and energy design to the project and is responsible for designing the HVAC, automation, energy, electrical and sprinkler systems. The tram depot project aims to be a pioneer in environmental responsibility, with ambitious environmental targets for carbon emissions, the circular economy, energy solutions and environmental certification. Announcement • Nov 12
Sweco AB (Publ) Announces Resignation of Olof Stålnacke as CFO and Member of Management Team, Hold His Present Position Until the Summer of 2025 At his own request Olof Stålnacke resigns as CFO at Sweco and as a member of Sweco AB's management team. He will hold his present position until the summer of 2025. The recruitment of a new CFO of Sweco has been initiated. Olof Stålnacke assumed the position as CFO of Sweco in November of 2019. As a member of Sweco's management team he has been a key player in the development and growth of the company. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: kr1.05 (vs kr0.75 in 3Q 2023) Third quarter 2024 results: EPS: kr1.05 (up from kr0.75 in 3Q 2023). Revenue: kr6.78b (up 5.6% from 3Q 2023). Net income: kr376.0m (up 40% from 3Q 2023). Profit margin: 5.5% (up from 4.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Oct 25
Sweco AB (publ) Receives Validation and Approval of Its Near-Term Emissions Reduction Targets Initiative Sweco AB (publ) has received the validation and approval of its near-term emissions reduction targets by the Science Based Targets initiative (SBTi). The climate targets cover emissions across the company's Scope 1, 2 and 3 and are consistent with the goals of the UN Paris Agreement. As Europe's leading architecture and engineering consultancy, Sweco is committed to actively supporting the transition to a low-carbon society. The setting of science-based targets for the company's own emissions reductions is one important step on Sweco's decarbonisation pathway. In the near-term, Sweco has committed to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 90% and Scope 3 GHG emissions by 30% by 2030 from a 2020 base year. The targets have been validated and approved by SBTi and are consistent with halving total emissions by 2030. Sweco's climate targets and footprint in brief: Reduce absolute Scope 1 and 2 GHG emissions by 90% by 2030 from a 2020 base year (SBTi approved). Reduce absolute Scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, waste management, business travel and employee commuting by 30% by 2030 from a 2020 base year (SBTi approved). Achieve climate neutrality by 2040. Sweco's climate footprint in 2023 amounted to 66,449 tonnes CO2e. Compared with the base year 2020, in 2023, Scope 1 emissions decreased 25%, Scope 2 emissions were down 36% and Scope 3 emissions increased 18% as a consequence of increased business activities. In total, emissions increased 2% in 2023 compared with the base year 2020. Reported Earnings • Jul 17
Second quarter 2024 earnings released: EPS: kr1.50 (vs kr0.99 in 2Q 2023) Second quarter 2024 results: EPS: kr1.50 (up from kr0.99 in 2Q 2023). Revenue: kr8.09b (up 12% from 2Q 2023). Net income: kr540.0m (up 51% from 2Q 2023). Profit margin: 6.7% (up from 4.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 17
Sweco AB (publ) (OM:SWEC B) acquired Valstar Simonis BV. Sweco AB (publ) (OM:SWEC B) acquired Valstar Simonis BV on July 5, 2024.
For the period ending December 31, 2023, Valstar Simonis BV reported total revenue of €7.7 million.
Sweco AB (publ) (OM:SWEC B) completed the acquisition of Valstar Simonis BV on July 5, 2024. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: kr1.55 (vs kr1.75 in 1Q 2023) First quarter 2024 results: EPS: kr1.55 (down from kr1.75 in 1Q 2023). Revenue: kr7.73b (up 8.2% from 1Q 2023). Net income: kr558.0m (down 11% from 1Q 2023). Profit margin: 7.2% (down from 8.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 20
Sweco AB (Publ) Approves Dividend, Payable on April 26, 2024 Sweco AB (publ) announced at the AGM held on April 19, 2024, approved receive a dividend of SEK 2.95 per share. The record date is April 23, 2024, and payment is expected to be made on April 26, 2024. Upcoming Dividend • Apr 15
Upcoming dividend of kr2.95 per share Eligible shareholders must have bought the stock before 22 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%). Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: kr4.65 (vs kr4.61 in FY 2022) Full year 2023 results: EPS: kr4.65 (up from kr4.61 in FY 2022). Revenue: kr28.6b (up 17% from FY 2022). Net income: kr1.67b (up 1.0% from FY 2022). Profit margin: 5.8% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 16
Dividend of kr2.95 announced Shareholders will receive a dividend of kr2.95. Ex-date: 22nd April 2024 Payment date: 26th April 2024 Dividend yield will be 31%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: kr4.65 (vs kr4.61 in FY 2022) Full year 2023 results: EPS: kr4.65 (up from kr4.61 in FY 2022). Revenue: kr28.6b (up 17% from FY 2022). Net income: kr1.67b (up 1.0% from FY 2022). Profit margin: 5.8% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jan 20
Now 20% undervalued Over the last 90 days, the stock has risen 30% to €10.52. The fair value is estimated to be €13.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 35% in the next 2 years. Announcement • Nov 14
Sweco AB (publ) Announces Dividend Policy Sweco AB (publ) announced that the company to Distribute at least 50% of profit after tax to shareholders. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €9.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Construction industry in Europe. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.02 per share. Reported Earnings • Oct 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr6.42b (up 20% from 3Q 2022). Net income: kr268.0m (down 3.6% from 3Q 2022). Profit margin: 4.2% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Sep 27
Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Medins Havs och Vattenkonsulter. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Medins Havs och Vattenkonsulter on September 26, 2023. Medins Havs och Vattenkonsulter generated the revenue of SEK 36 million for the year ended 2022. 35 employees of Medins Havs och Vattenkonsulter will join Sweco. Announcement • Sep 07
Sweco AB (publ) (OM:SWEC B) agreed to acquire Oj Rådgivende Ingeniører A/S. Sweco AB (publ) (OM:SWEC B) agreed to acquire Oj Rådgivende Ingeniører A/S on September 5, 2023. Transaction is subject to approval from local competition authorities. The transaction is expected to be completed in Q4. Buying Opportunity • Aug 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be €11.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Reported Earnings • Jul 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr7.26b (up 19% from 2Q 2022). Net income: kr357.0m (down 13% from 2Q 2022). Profit margin: 4.9% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • May 17
Sweco AB Announces Thomas Hietto Joins Executive Team Thomas Hietto takes up the role as the new Business Area President for Sweco Finland and joins Sweco AB's Executive Team effective 1 June 2023. For the greater part of his career, Thomas Hietto has worked for the Kone Corporation in several senior positions and in different markets around the world. He has also been Deputy CEO of Caverion Corporation. Thomas Hietto holds an MSc in Industrial Management from Helsinki University of Technology (Aalto University), Finland as well as an MSc in Management from Stanford Graduate School of Business, USA. Thomas Hietto will succeed Markku Varis who is retiring after 30 successful years with Sweco. Reported Earnings • May 14
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr7.14b (up 18% from 1Q 2022). Net income: kr625.0m (up 35% from 1Q 2022). Profit margin: 8.7% (up from 7.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorates as stock falls 40% After last week's 40% share price decline to €6.79, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Construction industry in Europe. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.17 per share. Upcoming Dividend • Apr 14
Upcoming dividend of kr2.70 per share at 2.0% yield Eligible shareholders must have bought the stock before 21 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%). Reported Earnings • Feb 10
Full year 2022 earnings released: EPS: kr4.60 (vs kr4.18 in FY 2021) Full year 2022 results: EPS: kr4.60 (up from kr4.18 in FY 2021). Revenue: kr24.3b (up 12% from FY 2021). Net income: kr1.65b (up 11% from FY 2021). Profit margin: 6.8% (in line with FY 2021). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Announcement • Feb 09
Sweco AB (Publ) Proposes Dividend Sweco AB (publ) Board of Directors proposed a dividend distribution of SEK 2.70 per share against SEK 2.45 per share paid a year ago. Announcement • Jan 14
Sweco AB (publ) (OM:SWEC B) acquired VAN AKEN Concepts, Architecture & Engineering B.V. and JHK Architecten B.V. Sweco AB (publ) (OM:SWEC B) acquired VAN AKEN Concepts, Architecture & Engineering B.V. and JHK Architecten B.V on January 12, 2023. Sweco AB (publ) (OM:SWEC B) completed the acquistition of VAN AKEN Concepts, Architecture & Engineering B.V. and JHK Architecten B.V on January 12, 2023. Announcement • Jan 11
Sweco AB (publ) (OM : SWEC B) entered into a Share Purchase Agreement to acquire VK architects+engineers NV. Sweco AB (publ) (OM : SWEC B) entered into a Share Purchase Agreement to acquire VK architects+engineers NV on January 10, 2023. The agreement is dependent of the approval from the Belgian competition authority, with closing expected in the first half of 2023. Announcement • Jan 10
Sweco AB (publ) to Report Fiscal Year 2022 Final Results on Mar 30, 2023 Sweco AB (publ) announced that they will report fiscal year 2022 final results on Mar 30, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Alf Goransson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr5.37b (up 14% from 3Q 2021). Net income: kr278.0m (up 4.1% from 3Q 2021). Profit margin: 5.2% (down from 5.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Construction industry in Europe. Announcement • Oct 26
Sweco AB (publ) to Report Q2, 2023 Results on Jul 18, 2023 Sweco AB (publ) announced that they will report Q2, 2023 results on Jul 18, 2023 Announcement • Sep 19
Sweco AB (Publ) to Conduct Feasibility Study for Floating Solar Technology in Uganda Sweco AB (publ) has been tasked with conducting a feasibility study for floating solar technology at hydroelectric dams in Uganda and a detailed design of a pilot plant. The floating solar technology will diversify Uganda's energy mix that currently mainly comprises hydroelectric power. The panels will be placed on a dam reservoir connected to one of the country's hydroelectric plants. Sweco is to conduct a preliminary assessment at four hydroelectric dams in Uganda to determine which one is most suitable for the construction of a solar power facility. Following this, a detailed study and design will be conducted with specifications to enable the procurement of contractors, financial calculations and the evaluation of environmental aspects as data for investment decisions. The key expertise of Sweco's export operations is to compile and manage teams consisting of international and local players with the right skills and cost for each unique project. This can be achieved thanks to a comprehensive international network. For this project, Sweco will be collaborating with two consultancy companies from France and one from Germany as well as with Ugandan subcontractors. The project is set to commence immediately and is planned to last for 21 months with key deliverables comprising a feasibility study report and a detailed design of a pilot floating solar photovoltaic plant, FPV. The total order value is SEK 8 million. Announcement • Aug 30
Sweco AB (publ) (OM:SWEC B) acquired Rk-Tec Sprl. Sweco AB (publ) (OM:SWEC B) acquired Rk-Tec Sprl on August 29, 2022. In 2021, Rk-Tec had a turnover of approximately €6.4 million. Rk-Tec has more than 60 specialists.
Sweco AB (publ) (OM:SWEC B) completed the acquisiton of Rk-Tec Sprl on August 29, 2022. Announcement • Aug 26
Sweco AB (publ) to Report Q1, 2023 Results on May 12, 2023 Sweco AB (publ) announced that they will report Q1, 2023 results on May 12, 2023 Reported Earnings • Jul 16
Second quarter 2022 earnings released Second quarter 2022 results: Net income: kr409.0m (up 7.9% from 2Q 2021). Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €9.23, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.51 per share. Announcement • May 19
Sweco AB (publ) Appoints Rasmus Nord as New Business Area President Effective August 15, 2022, Rasmus Nord takes up the position as new Business Area President for Sweco Norway and by this also becomes a member of Sweco's Executive Team. Rasmus Nord has been with Sweco Norway for fifteen years, the last four in the role as Executive Vice President for the Buildings division. He is a member of the management team for Sweco Norway and has prior to his present role, among others, headed the department of Building and Construction and before that, the department of Fire Protection Engineering and Acoustics, both in Norway. Rasmus holds a degree in Master of Science in Energy and Environmental Engineering from the Norwegian University of Science and technology. He will be replacing Grete Aspelund who last week announced that she will be joining NCC as Head of Business Area Industry. Reported Earnings • May 13
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr6.08b (up 9.8% from 1Q 2021). Net income: kr463.0m (up 18% from 1Q 2021). Profit margin: 7.6% (up from 7.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.8%, compared to a 7.1% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €10.78, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.73 per share. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Alf Goransson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 15
Upcoming dividend of kr2.45 per share Eligible shareholders must have bought the stock before 22 April 2022. Payment date: 28 April 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (3.9%). Recent Insider Transactions • Mar 02
President recently bought €303k worth of stock On the 25th of February, Åsa Bergman bought around 25k shares on-market at roughly €12.13 per share. This was the largest purchase by an insider in the last 3 months. This was Åsa's only on-market trade for the last 12 months. Announcement • Feb 13
Sweco AB (publ) to Report Fiscal Year 2022 Results on Feb 09, 2023 Sweco AB (publ) announced that they will report fiscal year 2022 results on Feb 09, 2023 Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr4.18 (up from kr3.64 in FY 2020). Revenue: kr21.8b (up 4.5% from FY 2020). Net income: kr1.49b (up 16% from FY 2020). Profit margin: 6.8% (up from 6.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.5%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 11
Sweco AB (Publ) Proposes Dividend Distribtuion Sweco AB (publ) proposed a dividend distribution of SEK 2.45 per share (2.20). Recent Insider Transactions • Nov 03
Chief Financial Officer recently bought €70k worth of stock On the 1st of November, Olof Stalnacke bought around 5k shares on-market at roughly €14.00 per share. This was the largest purchase by an insider in the last 3 months. Olof has been a buyer over the last 12 months, purchasing a net total of €98k worth in shares. Reported Earnings • Oct 30
Third quarter 2021 earnings released The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr4.70b (up 3.3% from 3Q 2020). Net income: kr267.0m (down 9.5% from 3Q 2020). Profit margin: 5.7% (down from 6.5% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Oct 12
Chief Sustainability Officer Mattias Goldmann has left the company On the 1st of October, Mattias Goldmann's tenure as Chief Sustainability Officer ended. We don't have any record of a personal shareholding under Mattias' name. Mattias is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.50 years. Announcement • Sep 25
Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Bureau Stedelijke Planning B.V. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Bureau Stedelijke Planning B.V. on September 24, 2021. Stedelijke Planning reported revenue in 2020 was €4.2 million. Announcement • Aug 28
Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Adviceu Ab. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Adviceu Ab on August 26, 2021. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr13.29, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Construction industry in Europe. Total returns to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.86 per share. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS kr1.06 (vs kr0.90 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr5.64b (up 2.8% from 2Q 2020). Net income: kr379.0m (up 19% from 2Q 2020). Profit margin: 6.7% (up from 5.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 25
Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Boydens Engineering. Sweco AB (publ) (OM:SWEC B) signed an agreement to acquire Boydens Engineering on June 24, 2021. Boydens's revenue in 2020 amounted to approximately €10 million. The employees from Boydens Engineering to join Sweco. Recent Insider Transactions • Jun 11
Insider recently sold €121k worth of stock On the 8th of June, Martin Aronsson sold around 8k shares on-market at roughly €14.50 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €374k more than they sold in the last 12 months. Recent Insider Transactions • Jun 06
Insider recently sold €29k worth of stock On the 28th of May, Martin Aronsson sold around 2k shares on-market at roughly €14.54 per share. In the last 3 months, there was an even bigger sale from another insider worth €251k. Despite this recent sale, insiders have collectively bought €496k more than they sold in the last 12 months. Recent Insider Transactions • May 19
Insider recently sold €30k worth of stock On the 12th of May, Martin Aronsson sold around 2k shares on-market at roughly €14.75 per share. In the last 3 months, there was an even bigger sale from another insider worth €251k. Despite this recent sale, insiders have collectively bought €525k more than they sold in the last 12 months. Reported Earnings • May 12
First quarter 2021 earnings released The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr5.54b (down 2.5% from 1Q 2020). Net income: kr392.0m (down 12% from 1Q 2020). Profit margin: 7.1% (down from 7.8% in 1Q 2020). The decrease in margin was driven by lower revenue. Upcoming Dividend • Apr 16
Upcoming dividend of kr2.20 per share Eligible shareholders must have bought the stock before 23 April 2021. Payment date: 29 April 2021. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%). Reported Earnings • Apr 01
Full year 2020 earnings released: EPS kr3.64 (vs kr3.95 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr20.9b (up 1.1% from FY 2019). Net income: kr1.29b (down 7.3% from FY 2019). Profit margin: 6.2% (down from 6.8% in FY 2019). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Mar 18
Insider recently sold €251k worth of stock On the 11th of March, Dariush Rezai sold around 18k shares on-market at roughly €13.83 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €554k more than they sold in the last 12 months. 
