SWECO AB (publ) Interim report January-September 2013

JULY – SEPTEMBER 2013

  · Net sales of SEK 1,809.3 million (1,557.3).
  · Operating profit of SEK 106.0 million (98.8).
  · Operating margin of 5.9 per cent (6.3).
  · Profit after tax of SEK 70.8 million (61.5) and earnings per share of SEK
0.76 (0.66).
  · Net debt of SEK 1,548.9 million (635.5).

JANUARY – SEPTEMBER 2013

  · Net sales of SEK 5,751.4 million (5,410.0).
  · Operating profit of SEK 432.2 million (481.0).
  · Operating margin of 7.5 per cent (8.9).
  · Profit after tax of SEK 309.2 million (348.5) and earnings per share of SEK
3.35 (3.78).

Comments from CEO Tomas Carlsson:

–    Operating profit for the third quarter rose to SEK 106 million which is the
best third quarter so far for Sweco. The best performing business area was Sweco
Norway, with an operating margin of close to 9 per cent. Operating profit
excluding integration costs for Vectura amounted to SEK 121 million and
operating margin excluding integration costs was 6.7 per cent.

–    At the end of July the relevant competition authorities approved Sweco’s
acquisition of Vectura. The transaction was completed on 31 July and Vectura is
consolidated in Sweco as of 1 August 2013. Together with Vectura, we are now the
leader in the Nordic market with the strongest offering for the infrastructure
of the future. The integration is proceeding according to plan and our
assessment is that the acquisition will meet or exceed Sweco’s expectations.
Further details about the status of the merger will be published ahead of
Sweco’s Capital Markets Day on 29 November.

–    Overall demand for Sweco’s services is good, but with major variations
still remaining. The market in Norway is strong and demand in Sweden is stable.
In Finland, demand for building-related services is satisfactory. At the same
time, the market for Finnish industrial consulting services is characterized by
continued weakness. In Eastern Europe and Russia, the market is characterized by
continued challenges. However, the actions taken are starting to yield positive
effects and additional measures are planned. One step in this process is the
merging of Sweco Russia and Sweco Central & Eastern Europe business areas.
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 8.8 billion and around 9,000 employees in the Nordic region
and Central and Eastern Europe. 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 at 12:00 CET on 5 November 2013.