Sweco Ab Class A · OMXSTO:SWEC_A
Sweco Ab Class A — Q1 2026 Earnings Presentation
16 slides from Sweco Ab Class A's earnings presentation, Apr 28, 2026
Slide 1: Q1 2026
Q1 2026 April 28 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 8,334 million (8,066) • Total growth 3 per cent (4) 8,334 869 • Organic growth 3 per cent (4), adj. for calendar effects Net sales, SEK million EBITA, SEK million EBITA amounted to SEK 869 million (900) • Increase of 5 per cent or SEK 43 million, adj. fo
Slide 4: Operational highlights
Operational highlights A stable quarter in a mixed market • Organic growth in 5 out of 8 business areas 5/8 Business Areas • Higher average fees reportedincreased EBITA • Increase in order backlog • Billing ratio improving by 0.8%u to 74.4% (73.6) • Strong contribution from Sweco Sweden • Negative i
Slide 5: Market overview
Market overview Demand remained in line with previous quarters • Good demand in energy, infrastructure, water and environment segments • Continued increased demand in security and defence • Weak demand in residential and commercial buildings and parts of industry 5
Slide 6: Summary result, Q1 2026
Summary result, Q1 2026 Net sales SEK 8,334 million (8,066) • Organic growth 3 per cent (4), adj. for calendar effects • Acquired growth 5 per cent (1) • Currency effects -3 per cent (0) EBITA SEK 869 million (900) • Increased 5 per cent or 43 MSEK, adj. for calendar effects • EBITA margin 10.4 per
Slide 7: Q1: Net sales – organic growth in 5 out of 8 Business Areas
Q1: Net sales – organic growth in 5 out of 8 Business Areas Organic growth adjusted for calendar, % Net sales: SEK 8,334 million ( 8,066) Total growth: 3% (4%) Group 3% Organic growth: 3% (4%), adj. for calendar effects SE 3% NO 4% Net sales drivers: FI 0% • Higher average fees DK -2% • Higher billi
Slide 8: Q1: EBITA increased SEK 43 million adjusted for calendar
Q1: EBITA increased SEK 43 million adjusted for calendar EBITA: SEK 869 million (900) Reported EBITA margin, % Q1 25 Q1 26 • 5% increase y -o-y, adj. for calendar effects • 10.4% margin (11.2) 16.0 15.9 14.4 13.9 EBITA drivers: 12.4 • Higher average fees 11.2 11.3 11.4 10.7 10.9 10.4 10.3 • Higher b
Slide 9: Q1: 5 of 8 Business Areas increased EBITA adjusted for calendar
Q1: 5 of 8 Business Areas increased EBITA adjusted for calendar Q1 2026 EBITA contributors EBITA development +5% 6 • Integration and restructuring cost of SEK -28 30 million (20) in SE. 944 1 2 -7 2 • Integration and restructuring cost of SEK 68 -10 9 17 million (0) in FI. 900 -75 5 less working hou
Slide 10: Q1: Strong financial position
Q1: Strong financial position Net Debt increased to SEK 1,879 million ( 1,607) mainly due Net debt, Q1 2021– Q1 2026 (SEK million) to increased working capital levels 5000 • Cash flow from operating activities of SEK -65 million 4000 (242) 3000 2000 • M&A cash outflows of SEK46 million (69) 1000 0 0
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 in Q1
Acquisitions in Q1 Finland: Näkymä, 2 January • Architects specialised in the design of historically and culturally significant sites • Net sales SEK 28 million – adding around 20 experts Belgium: a-tract architecture, 3 February • Specialists within sustainable architecture • Net sales SEK 9 millio
Slide 13: Projects
Strengthening renewable Supporting public transport power generation in Norway operations in Belgium Projects In Norway, Sweco was appointed lead consultant by Sweco won a contract to support public transport Å Energi to support the operators in developing development of theÅseral electrification in
Slide 14: Priorities going forward
Priorities going forward • Continued responsiveness to market developments • Maintained focus on internal efficiency and further margin improvements • Further developing our AI capabilities • Effective integration of acquisitions and an active M&A agenda 14
Slide 15: THANK YOU!
THANK YOU! July 17 Q2-2026 Financial Report
Slide 16: Sweco
SWECO ras)