STRONG RESULTS AND ORGANIC GROWTH – ON TRACK TO TAKE THE LEADERSHIP POSITION IN EUROPE


APRIL – JUNE
2015


  · Net sales: SEK 2,549.2 million (2,337.3)
  · EBITA excl. extraordinary expenses: SEK 232.6 million (170.6); margin: 9.1
per cent (7.3)
  · EBITA: SEK 203.7 million (167.8); margin: 8.0 per cent (7.2)
  · Operating profit: SEK 190.8 million (155.6); margin 7.5 per cent (6.7)
  · Profit after tax: SEK 132.1 million (108.6); earnings per share: SEK 1.45
(1.19)

JANUARY – JUNE 2015

  · Net sales: SEK 5,014.6 million (4,659.0)
  · EBITA excl. extraordinary expenses: SEK 462.0 million (404.1); margin: 9.2
per cent (8.7)
  · EBITA: SEK 432.2 million (392.8); margin: 8.6 per cent (8.4)
  · Operating profit: SEK 407.0 million (367.8); margin 8.1 per cent (7.9)
  · Profit after tax: SEK 292.3 million (252.5); earnings per share: SEK 3.21
SEK (2.76)
  · Net debt: SEK 1,445.8 million (1,522.8); net debt/EBITDA: 1.4 times (1.8)

Comments from President and CEO Tomas Carlsson:

  · Sweco has made a bid for the Dutch company Grontmij, with around 6,000
employees. The transaction will create Europe’s leading engineering consultancy,
with sales of approximately SEK 15.2 billion and around 14,500 employees. Sweco
will thereby take a major step towards its vision to become Europe’s most
respected knowledge company in the fields of consulting engineering,
environmental technology and architecture – not only in terms of sales, but
first and foremost as the top choice for customers and employees. Sweco and
Grontmij complement each other when it comes to geography, expertise and
culture. With our combined expertise and consolidated position in Northern
Europe, we will be hard to beat. Settlement of the offer is expected to take
place in the beginning of the fourth quarter.

  · Our efforts to increase customer focus and improve internal efficiency have
produced results. Adjusted for extraordinary expenses and calendar effects,
EBITA improved more than 15 per cent this quarter, while three of our four
business areas saw organic growth of at least 10 per cent. Operating profit and
sales are on the rise thanks to positive calendar effects, good organic growth
and improved billing ratios. Notwithstanding extraordinary expenses associated
with the Grontmij    acquisition, it is the best second-quarter operating profit
for Sweco to date.

  · Overall, the market is still gradually improving, albeit unevenly among our
submarkets. The Swedish market is developing positively, particularly within
infrastructure and the construction and real estate sector. The Norwegian market
has stabilised due mainly to growing public investments. The Central European
market has stabilised, while the Finnish market remains challenging.

  · During the quarter, Sweco Norway was awarded its largest-ever infrastructure
project: the Bergen Light Rail extension. Sweco Finland was commissioned by
Metsä Fibre to design the world’s most modern bioproduct plant, the Finnish
forestry industry’s largest investment to date. The assignments at the plant
were expanded during the quarter with the signing of a contract for design of
the plant’s fibre line.
For further information, please contact:

Tomas Carlsson, President and CEO, Ph:  +46 8 695 66 60 / +46 70 552 92 75

Jonas Dahlberg, CFO, Ph: +46 8 695 63 32 / +46 70 347 23 83

Åsa Barsness, Communications Director, Ph: +46 70 382 3686
Sweco is the Nordic region’s leading consultancy for sustainable urban
development. Our 9,000 engineers, architects and environmental experts develop
value-creating solutions for our clients and for society. Sweco is among the ten
largest consulting engineering companies in Europe and annually conducts
projects in 80 countries throughout the world. The company has yearly sales of
approximately SEK 9 billion and is listed on Nasdaq OMX Stockholm AB.

Sweco is required to disclose the above information under the provisions of the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication on 17 July 2015 at 11:40 CET.

Attachments

07164655.pdf