Slide 1: Q2 2026
Q2 2026 July 17 Åsa Bergman, President & CEO Jan Allde, CFO
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 2025, % Net sales by business area in 2025, % Buildings & Urban areas: 38 23,000 experts • Sweden: 29 Water, energy & i
Slide 3: Quarter highlights
Quarter highlights Net sales increased to SEK 8,567 million (7,834) • Total growth 9 per cent (-3) 8,567 864 • Organic growth 3 per cent (2), adj. for calendar effects Net sales, SEK million EBITA, SEK million EBITA increased to SEK 864 million (750) • Increase of 7 per cent or SEK 53 million, adj.
Slide 4: Operational highlights
Operational highlights Solid quarter with improved efficiency • Organic growth in 7 out of 8 business areas 6/8 Business Areas • EBITA growth in 6 out of 8 business areas reportedincreased EBITA • Increase in order backlog and orders received • Billing ratio improving by 0.7%u to 75.9% (75.2) • Stro
Slide 5: Market overview
Market overview Demand broadly unchanged compared with previous quarters • Good demand in energy, infrastructure, water and environment segments • Continued growing demand in security and defence • Weak demand in residential and commercial buildings and parts of industry segments 5
Slide 6: Summary result, Q2 2026
Summary result, Q2 2026 Net sales SEK 8,567 million (7,834) • Organic growth 3 per cent (2), adj. for calendar effects • Acquired growth 5 per cent (1) • Currency effects 0 per cent (-4) • Total growth 9 per cent (-3) EBITA SEK 864 million (750) • Increase of 7 per cent or SEK 53 million, adj. for c
Slide 7: Q2: Net sales – organic growth in 7 out of 8 Business Areas
Q2: Net sales – organic growth in 7 out of 8 Business Areas Net sales: SEK 8,567 million (7 ,834) Organic growth adjusted for calendar, % Organic growth: 3% (2%), adj. for calendar effects Group 3% SE 4% Net sales drivers: NO 4% • Higher average fees FI 1% • Higher billing ratio DK 1% NL 4% BE 2% UK
Slide 8: Q2: EBITA increased SEK 53 million adjusted for calendar
Q2: EBITA increased SEK 53 million adjusted for calendar EBITA: SEK 864 million (750) Reported EBITA margin, % Q2 25 Q2 26 • 7% increase y -o-y, adj. for calendar effects • 10.1% margin (9.6) 13.2 12.6 12.9 12.2 12.0 11.1 EBITA drivers: 10.1 • Higher average fees 9.6 9.3 8.4 8.2 8.8 8.4 • Higher bil
Slide 9: Q2: 6 of 8 Business Areas increased EBITA adjusted for calendar
Q2: 6 of 8 Business Areas increased EBITA adjusted for calendar EBITA development Q2 2026 EBITA contributors 864 • Restructuring and integration cost of SEK 26 million (0) in SE 60 • Integration and restructuring cost +7% 3 0 -7 of SEK 4 million (12) in FI -5 804 20 3 5 more working hours 9 7 • Corr
Slide 10: Q2: Strong financial position
Q2: Strong financial position Net debt, Q2 2021– Q2 2026 (SEK million) Strong cash flow in Q2 5,000 • Cash flow from operating activities of SEK 911 million 4,000 (680) 3,000 • M&A cash outflows of SEK 176 million (140) 2,000 • Dividends paid of SEK 1,335 million (1,187) 1,000 0 Q2 Q2 Q2 Q2 Q2 Q2 Ne
Slide 11: Calendar effects
Calendar effects The number of normal working hours in 2026, based on the 12- month sales-weighted business mix, is broken down as follows: 2026 2025 Diff. Quarter 1 486 491 -5 Quarter 2 468 464 5 Quarter 3 517 516 1 Quarter 4 491 485 6 Total 1,962 1,956 7 11
Slide 12: Acquisitions
Acquisitions Acquisitions in Q2 Finland: Platom, 2 June • Technical advisory across the full lifecycle of nuclear operations • Net sales SEK 50 million – adding around 30 experts Sweden: Sitowise Sverige AB, 9 June • Expert within structural engineering, building services, etc. • Net sales SEK 296 m
Slide 13: Projects
Planning and designing new Building a new hospital in railways in Sweden Sweden Projects In Q2, Sweco was selected to provide planning and design Sweco will plan and design a new emergency hospital consulting for a new railway campus in Helsingborg, one of section between Mölndaland Sweden’s largest
Slide 14: Sweco's AI approach for business benefits
Sweco’s AI approach for business benefits Increasing Automating Accelerating digital individual core innovation productivity processes 14
Slide 15: Priorities going forward
Priorities going forward • Positioning Sweco towards attractive growth segments • Continue executing on our AI strategy • Active M&A agenda and continued effective integration of acquisitions • Maintaining high internal efficiency and driving further margin improvements 15
Slide 16: THANK YOU!
THANK YOU! October 29 Q3-2026 Financial Report
Slide 17: SWECO
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