SWECO AB (publ) Interim report January-March 2013

JANUARY – MARCH 2013

  · Net sales of SEK 1,931.6 million (1,909.6).
  · Operating profit of SEK 135.3 million (232.0).
  · Operating margin of 7.0 per cent (12.1).
  · Profit after tax of SEK 102.2 million (165.0) and earnings per share of SEK
1.11 (1.80).
  · Net debt of SEK 378.0 million (317.9).
Comments from CEO Tomas Carlsson:

–    Operating profit reached SEK 135 million and the top-performing business
area was Sweco Sweden, with an operating margin of close to 10 per cent.
Earnings were impacted by significant calendar effects that amounted to around
SEK 90 million. Adjusted for calendar effects, the largest business areas,
Sweden, Norway and Finland, showed essentially unchanged operating margins
compared to the first quarter of 2012, which is satisfactory under the
circumstances.

–    At the same time, Sweco is being increasingly affected by the current
economic headwind. Among other things, the market for industrial services in
Finland worsened during the period and we are seeing a persistently low level of
demand in Russia. Continuous measures are being taken to adapt operations to the
existing conditions in these markets.

–    Sweco was awarded several major contracts during the period, including
design management for a new commuter train line under Helsinki, a total survey
of bridge standards in four regions of Russia and engineering design for
expanded power transmission from the Forsmark nuclear power plant.

–    Sweco stands strong even in an economic downturn. Our growth strategy is
unchanged – we will continue our trajectory of profitable growth, both
organically and through acquisitions.
For additional information please contact:

Tomas Carlsson, President & CEO, telephone +46 8 695 66 60 / +46 70 552 92 75,
tomas.carlsson@sweco.se

Jonas Dahlberg, CFO, telephone +46 8 695 63 32 / +46 70 347 23 83,
jonas.dahlberg@sweco.se

Bo Jansson, Senior Vice President, Head of IR, telephone +46 8 695 66 06 / +46
73 412 66 06, bo.jansson@sweco.se
Sweco is an international consulting group with combined expertise in consulting
engineering, environmental technology and architecture. Sweco has annual sales
of approximately SEK 7.5 billion and 7,800 employees in 12 countries. The
company has projects currently underway in some 80 countries worldwide. Sweco is
listed on NASDAQ OMX Stockholm AB.

Sweco discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on 8 May 2013, at 11:15 CET.