SWECO AB (publ) Interim report January-March 2008

SWECO AB (publ) Interim report January-March 2008

Continued upward trend for SWECO: Strong earnings and operating margins


• Operating profit improved by 12 per cent to SEK 157.3 million (140.4). 
• Operating margin was 11.8 per cent (12.3).
• Net sales increased by 17 per cent to SEK 1,334.3 million (1,145.0).
• Profit before tax was SEK 155.3 million (140.1).
• Profit after tax was SEK 111.2 million (98.8), equal to earnings per share of
SEK 1.30 (1.16).

Comments from CEO Mats Wäppling:

”The year got off to an excellent start and we have continued to grow with
strong profitability and operating margins. In Sweden we posted an operating
margin of 14.5 per cent, which is our highest ever recorded for an individual
quarter. 

”The SWECO Group as a whole delivered impressive results despite a calendar
effect where the first quarter contained an average of 20 hours fewer due to the
early Easter holiday.

”All units have benefited from favourable market conditions and the current
climate of economic uncertainty has not yet had any negative impact on demand
for our services. The long-term growth prospects in the infrastructure, energy
and environmental areas are positive in all of SWECO's markets. In particular,
SWECO's special expertise in climate-related issues and sustainable development
is attracting keen interest.

”SWECO's healthy finances and leading market positions in areas like water and
environment, infrastructure and energy provide a solid platform for robust
long-term development.”


For additional information contact:
Mats Wäppling, President & CEO of SWECO, Phone +46 8 695 66 07 / Mobile +46 706
45 03 21, mats.wappling@sweco.se
Bo Jansson, Executive Vice President & CFO of SWECO, Phone +46 8 695 66 06 /
Mobile +46 734 12 66 06, bo.jansson@sweco.se

The information in this report is subject to the disclosure requirements in the
Securities Market Act and/or the Act on Trading in Financial Instruments. The
information was submitted for publication at 11:50 a.m. on 6 May 2008.