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Sweco AB (publ) (SWECb.ST)

SWECb.ST on Stockholm Stock Exchange

288.00SEK
20 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Sweco Consortium Wins Project Worth About EUR 3.4 Mln
Monday, 9 Sep 2019 

Sept 9 (Reuters) - Sweco AB (publ) ::SWECO TO SET OUT MOBILITY VISION FOR FLEMISH TRANSPORT REGIONS.PROJECT HAS BEEN COMMISSIONED BY FLEMISH DEPARTMENT OF MOBILITY AND PUBLIC WORKS AND IS WORTH APPROXIMATELY 3.4 MILLION EUROS..IN A CONSORTIUM, SWECO WILL PROVIDE PROCESS GUIDANCE AND SET OUT MOBILITY VISION FOR SEVERAL TRANSPORT REGIONS IN BELGIUM.CONSORTIUM, CONSISTING OF SWECO, NEW DRIVE AND GOUDAPPEL COFFENG, WILL SET OUT REGIONAL MOBILITY PLANS FOR 'VLAAMSE RAND' (FLEMISH PERIPHERY), GHENT, LIMBURG, MECHELEN AND KORTRIJK.  Full Article

NRC Group Enters Into Agreement To Divest Its Finnish And Swedish Design Business
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Nrc Group Asa ::ENTERS INTO AGREEMENT TO DIVESTS ITS FINNISH AND SWEDISH DESIGN BUSINESS.ENTERS INTO AGREEMENT TO DIVESTS ITS FINNISH AND SWEDISH DESIGN BUSINESS.ENTERPRISE VALUE OF EUR 42.5 MILLION ON A CASH AND DEBT FREE BASIS WITH NORMALISED WORKING CAPITAL.NET GAIN TO BE RECOGNISED IS ESTIMATED TO BE APPROXIMATELY EUR 9 MILLION AND WILL BE REPORTED AS PART OF DISCONTINUED OPERATIONS AT CLOSING.NET PROCEEDS FROM TRANSACTION WILL BE USED TO REPAY PARTS OF COMPANY'S BANK DEBT.PARTIES EXPECT THAT COMPLETION OF TRANSACTION WILL OCCUR ON OR AROUND 1 NOVEMBER 2019..NET PROCEEDS FROM TRANSACTION WILL BE USED TO REPAY PARTS OF COMPANY'S BANK DEBT, WHICH INCREASES FLEXIBILITY BOTH FINANCIALLY AND STRATEGICALLY.NET GAIN TO BE RECOGNISED IS ESTIMATED TO BE APPROXIMATELY EUR 9 MILLION AND WILL BE REPORTED AS PART OF DISCONTINUED OPERATIONS AT CLOSING.  Full Article

Sweco Buys Rail Infrastructure Engineering And Consulting Services Business From NRC Group
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Sweco Ab (Publ) ::SWECO ACQUIRES THE RAIL INFRASTRUCTURE ENGINEERING AND CONSULTING SERVICES BUSINESS FROM NRC GROUP.FINNISH COMPETITION AUTHORITY APPROVAL PROCESS FOR ACQUISITION HAS BEEN INITIATED.ACQUISITION BRINGS 320 NEW RAILWAY DESIGN EXPERTS TO SWECO, LOCATED IN FINLAND AND SWEDEN.  Full Article

Sweco April-June EBITA Down At SEK 422 Mln
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Sweco AB (publ) ::INTERIM REPORT JANUARY - JUNE 2019 SWECO AB (PUBL).APRIL-JUNE NET SALES INCREASED TO SEK 5,214 MILLION (4,916).APRIL-JUNE PROFIT AFTER TAX DECREASED TO SEK 281 MILLION (330), CORRESPONDING TO SEK 2.39 PER SHARE (2.78).APRIL-JUNE EBITA DECREASED TO SEK 422 MILLION (464).SWECO CONTINUES TO DEVELOP POSITIVELY, IN LINE WITH TREND FROM RECENT QUARTERS.DEMAND FOR SERVICES IN REAL ESTATE SEGMENT REMAINS GOOD IN MOST COUNTRIES.IN PARTICULAR, FINLAND, BELGIUM AND NORWAY PERFORMED STRONGLY, COMBINING GOOD ORGANIC GROWTH WITH PROFITABILITY IMPROVE-MENTS..UK AND RESIDENTIAL CONSTRUCTION IN NORDICS - DEMAND REMAINS WEAK..SWEDEN CONTINUES TO DELIVER INDUSTRY LEADING PROFITABILITY, COMBINED WITH SOLID ORGANIC GROWTH.REPORTED EBITA AND NET SALES WERE NEGATIVELY IMPACTED BY APPROXIMATELY SEK 97 MILLION DUE TO LESS AVAILABLE CALENDAR HOURS COMPARED TO LAST YEAR - CEO.MARKET FOR SWECO'S SERVICES IS GOOD AND LARGELY UNCHANGED TO RECENT QUARTERS.  Full Article

Sweco To Convey Location Study For High-Speed Railway In Skåne
Thursday, 9 May 2019 

May 9 (Reuters) - Sweco AB (publ) ::SWECO TO CONVEY A LOCATION STUDY FOR HIGH-SPEED RAILWAY IN SKÅNE.ESTIMATED VALUE OF ORDER IS SEK 200 MILLION..ASSIGNMENT WILL BEGIN IMMEDIATELY AND IS EXPECTED TO CONTINUE UNTIL 2022..SWECO HAS BEEN COMMISSIONED BY SWEDISH TRANSPORT ADMINISTRATION TO INVESTIGATE VARIOUS ALTERNATIVES FOR LOCATION OF NEW RAILWAY.  Full Article

Sweco Acquires UK Based MLM Group
Tuesday, 7 May 2019 

May 7 (Reuters) - Sweco AB (publ) ::SWECO ACQUIRES UK BASED MLM GROUP.ACQUISITION STRENGTHENS SWECO'S OFFERING IN BUILDINGS, TRANSPORTATION INFRASTRUCTURE AND ENVIRONMENT.MLM GROUP HAD A FULL-YEAR REVENUE IN 2018 OF ABOUT GBP 40 MILLION (APPROXIMATELY SEK 500 MILLION).  Full Article

Sweco Appoints Olof Stålnacke CFO
Friday, 26 Apr 2019 

April 26 (Reuters) - Sweco AB (publ) ::SWECO APPOINTS NEW CFO AND CCO.ANNOUNCES APPOINTMENT OF OLOF STÅLNACKE AS CHIEF FINANCIAL OFFICER.OLOF STÅLNACKE WILL ASSUME HIS NEW ROLE ON 1 NOVEMBER 2019 AT LATEST..  Full Article

Sweco Q4 EBITA Up At SEK 494 Million
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Sweco AB (publ) ::YEAR-END REPORT 2018.PROPOSES A DIVIDEND DISTRIBUTION OF SEK 5.50 PER SHARE (5.00).Q4 NET SALES AT SEK 5.11 BILLION VERSUS SEK 4.58 BILLION YEAR AGO.Q4 EBITA SEK 494 MILLION VERSUS SEK 448 MILLION YEAR AGO.Q4 EBIT SEK 476 MILLION VERSUS SEK 431 MILLION YEAR AGO."SWECO CONCLUDES A RECORD YEAR WITH BEST Q4 SO FAR".OVERALL, MARKET FOR SWECO'S SERVICES REMAINS GOOD, WITH VARIATIONS BETWEEN COUNTRIES AND SEGMENTS.  Full Article

Sweco Q3 EBIT Rises, Says Order Backlog "Solid"
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Sweco AB (publ) ::Q3 NET SALES INCREASED TO SEK 4,078 MILLION (3,635).Q3 EBITA INCREASED TO SEK 264 MILLION (237), MARGIN 6.5 PER CENT (6.5).Q3 EBIT INCREASED TO SEK 244 MILLION (219), MARGIN 6.0 PER CENT (6.0).SAYS GROWTH WAS SUPPORTED BY A SOLID ORDER BACKLOG AND AN INCREASED NUMBER OF EMPLOYEES.SAYS SWEDEN HAD A SLOWER THAN NORMAL START OF FALL, WHILE WESTERN EUROPE WAS IMPACTED BY WEAKNESS IN UK BUSINESS.SAYS OVERALL, MARKET FOR SWECO'S SERVICES REMAINS GOOD.SAYS DEMAND IN REAL ESTATE SEGMENT REMAINS GOOD IN MOST COUNTRIES, EXCEPT IN UK AND RESIDENTIAL CONSTRUCTION IN SWEDEN AND DENMARK WHERE DEMAND IS SLOWING DOWN.  Full Article

Sweco acquires Avecon and strengthens its building services offering
Thursday, 31 May 2018 

May 31 (Reuters) - Sweco AB (publ) ::SWECO ACQUIRES AVECON AND STRENGTHENS ITS BUILDING SERVICES OFFERING.AVECON HAS 33 EMPLOYEES AND IS SPECIALIZED IN HVAC (HEATING, VENTILATION AND AIR CONDITIONING) AND ELECTRICAL ENGINEERING.  Full Article