Slide 1: Q2 2025 July 16
Slide 2: Sweco - Europe's leading architecture and engineering consultancy
Sweco - Europe’s leading architecture and engineering consultancy Operations in three segments Drivers for success Eight geographical business areas Net sales by service segment in 2024,% Net sales by business area in 2024,% = Buildings & Urban areas: 37 Fon * Sweden: 29 Water, energy & industry: 35
Slide 3: Quarter highlights
Quarter highlights Net sales amounted to SEK 7,834 million (8,077) * Organic growth 2 per cent (6), adj. for calendar effects * Total growth -3 per cent (11) * Currency effects -4 per cent (0) EBITA amounted to SEK 750 million (794) * Increase of 15 per cent or 115 MSEK, adj. for calendar effects *
Slide 4: Operational highlights
Operational highlights Continued positive operational trend Increase in orders received and order backlog Double-digit margins in Sweden, Belgium and Denmark Continued improvements in the UK and in Germany & Central Europe Billing ratio improving by 0.5%u to 75.2 per cent (74.8) 6/8 Business Areas t
Slide 5: Market overview
Market overview Demand remained in line with previous quarters. Good to strong demand * Water, environment, energy and infrastructure segments, as well as security and defence Weak demand * Mainly in residential and commercial real estate, as well as parts of the industry segment sweco 26
Slide 6: Summary result, Q2 2025
Summary result, Q2 2025 cael Net sales SEK 7,834 million (8,077) | * Organic growth 2 per cent, adj. for calendar effects * Acquired growth 1 per cent * Currency effects -4 per cent EBITA SEK 750 million (794) * Increased 15 per cent or 115 MSEK, adj. for calendar effects * EBITA margin 9.6 per cent
Slide 7: Q2: Net sales - organic growth in out of Business Areas
Q2: Net sales — organic growth in 5 out of 8 Business Areas Net sales: SEK 7,834 million (8,077) Total growth: -3% (11%) * Negative impact on total growth: -— FX effects -4% (0) - Calendar effects -2% (2) * Positive impact on total growth: - Acquisitions 1% (3) — Adjusted organic growth 2% (6) Organ
Slide 8: Q2: EBITA increased SEK million adjusted for calendar
Q2: EBITA increased SEK 115 million adjusted for calendar EBITA: SEK 750 million (794) EBITA in Q2 2025 by business area, MSEK EBITA margin, % + 15% increase y-o-y, adj. for calendar effects * 9.6% EBITA margin (9.8), impacted by negative calendar effect Coup 9.6 (9.8) Ss DE 11.1 (10.8) No 6.8 (11.5
Slide 9: Q2: of Business Areas increased EBITA adjusted for calendar
Q2: 6 of 8 Business Areas increased EBITA adjusted for calendar EBITA development * higher average fees * improved billing ratio * net positive impact from restructuring costs * higher personnel expenses * negative currency effect * more vacation absence 11 less working hours * corresponding to a ne
Slide 10: Q2: Strong financial position
Q2: Strong financial position Net debt decreased to SEK 2,598 million (3,451) Net debt, 02 2021-02 2025 (SEK million) * Cash flow from operating activities of SEK 922 million (1,371) 5000 * MBA cash outflows of SEK 209 million (88) “ont 3000 * Dividend of SEK 1,187 million (1,059) paid out 2000 | |
Slide 11: Calendar effects
Calendar effects The number of normal working hours in 2025, based on the 12- month sales-weighted business mix, is broken down as follows: 2025 2024 Diff. Quarter 1 491 489 2 Quarter 2 464 475 “11 “Quarter 4 485 484 “T + aE eo sweco 26
Slide 12: Acquisitions
Acquisitions Netherlands: Juust, Brain of buildings, and Volantis + Juust B.V offers consulting services within urban planning, roads, water and other infrastructure solutions. Announced 9 May * Brain of Buildings, experts in integrating technical solutions for secure and smart building. Announced 5
Slide 13: Acquisitions
Acquisitions Sweden: Projektengagemang, announced 4 June 2025 + One of Sweden's leading architecture and engineering consultancies + Net sales SEK ~800 million — adding some 650 experts * Strengthens Sweco’s client offering in architecture, urban development, construction and environment, and instal
Slide 14: Projects
Projects Projects won in the quarter reflect the diversity of our business across several growth segments and geographies. Deutsche Bahn This quarter, Sweco was awarded a contract by Deutsche Bahn to oversee the construction supervision for a significant infrastructure project aimed at doubling the
Slide 15: Well-positioned going forward
Well-positioned going forward * Continued focus on efficiency improvements * Strong client focus and seizing opportunities in a mixed marked * New M&A opportunities and efficient integration of acquisitions sweco %
Slide 16: Thank you!
Slide 17: SWECO
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