Sweco AB

SWEC B

Equity

ISIN SE0014960373 / Valor 57892068

NASDAQ Nordic Exchange Stockholm, Equities (2025-11-21)

SEK 155.60-1.52%

Sweco AB
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About company

Sweco AB is a leading European architecture and engineering consultancy, publicly traded on Nasdaq Stockholm, with annual revenues of approximately SEK 31 billion (EUR 2.7 billion) in 2024. The company employs around 22,000 professionals, including architects, engineers, and other specialists, who collaborate to design and plan sustainable communities and urban environments. Sweco provides a range of services aimed at facilitating the green transition, leveraging digital technologies, and enhancing the resilience of infrastructure and communities. By partnering with clients across various sectors, Sweco delivers comprehensive solutions that address both current and future urban challenges.

Summarized from source with an LLMView SourceSector: Industrials

Quarterly revenue and profit

October–December 2024: Net sales SEK 8,100 million (7,717). EBITA SEK 901 million (654) and EBIT SEK 885 million (618). Profit for the period SEK 597 million (417); EPS SEK 1.66 (1.16), diluted EPS SEK 1.65 (1.16).

Quarterly growth and calendar adjustment

Q4 net sales grew about 5% year‑on‑year. Adjusted for a negative calendar effect of SEK 41m, EBITA increased 44% year‑on‑year and organic sales growth was 4%.

Full‑year results

January–December 2024: Net sales SEK 30,676 million (28,523). EBITA SEK 3,076 million (2,531) with a 10.0% margin (8.9). EBIT SEK 3,015 million (2,416) with a 9.8% margin (8.5). Profit for the period SEK 2,072 million (1,667); EPS SEK 5.76 (4.65), diluted EPS SEK 5.75 (4.64).

Balance sheet and leverage

Net debt decreased to SEK 1,521 million (2,961) and net debt/EBITDA fell to 0.4x (1.1), reflecting improved leverage and cash generation during 2024.

Profitability drivers

Improved margins were driven by higher average fees, a better billing ratio and efficiency measures. Seven of eight business areas improved EBITA (adjusted) in Q4; several country operations reported double‑digit margins.

Order wins and strategic projects

Notable wins include a framework contract supporting Helsinki’s SEK 13.7bn rail programme, major hospital projects in Sweden and Germany, and a three‑year agreement with Statkraft to support increased renewable power production.

Acquisitions and near‑term activity

Sweco announced the first 2025 acquisition (9 Jan): Finnish geotechnical specialist Sipti Consulting, adding ~50 experts and strengthening geotechnical and environmental capabilities.

Capital allocation and outlook

The Board proposes a dividend of SEK 3.30 per share (up from 2.95). Management highlights a solid order backlog, continued demand in energy/water/infrastructure, and ongoing efficiency measures positioning Sweco well heading into 2025.

Summarized from source with an LLMView Source

Key figures

-2.75%1Y

61.2%3Y

0.17%5Y

Performance

29.0%1Y

32.9%3Y

34.2%5Y

Volatility