Sweco Ab Class A · OMXSTO:SWEC_A
Sweco Ab Class A — Q3 2024 Earnings Presentation
16 slides from Sweco Ab Class A's earnings presentation, Oct 30, 2024
Slide 1: Q3 2024 Sweco earnings presentation
03 2024 October 30 Asa Bergman, President & CEO Olof Stalnacke, 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 segment in 2023, % Net sales by business area in 2023, % Ron : n: 29 m Buildings & Urban areas: 37 “W7 22,000 experts . auesen: 13 Water,
Slide 3: Quarter highlights
Quarter highlights Net sales increased to SEK 6,779 million (6,417) : Se * Organic growth 4 per cent (9), adj. for calendar effect : : 6 ) U/ 9 : 5 88 * Total growth 6 per cent (19) “s New milestone - net sales over SEK 30 billion on rolling 12 months Sales, SEK million EBITA; SEK million => EBITA i
Slide 4: Operational highlights
Operational highlights a | Continued positive operational trend A i * Solid organic growth Busidess Ards ° Average fee improvements in all Business Areas “Feported { creased EBITA Internal efficiency measures continue to show effect — improvements in billing ratio and margin Orders received increase
Slide 5: Efficiency measures and progress
Efficiency measures and progress Measures to improve efficiency and billing ratio Redundancy programs, primarily in Sweden and Finland Repositioning program in the UK, including redundancies Organisational review to further streamline operations Progress Finland significantly improving EBITA in the
Slide 6: Market overview
Market overview The overall demand for Sweco’s services remained good. Sweco undertakes 150,000+ projects annually, with the green transition continuing to be a key growth driver. Segments Water, Energy and Industry — Continued strong demand related to the transition in the energy segment, improved
Slide 7: Summary result
Summary result Q3 2024 Net sales SEK 6,779 million (6,417) * Organic growth 4 per cent, adj. for calendar effect * Acquired growth 3 per cent * Currency effects -2 per cent EBITA SEK 588 million (465) * Increased 5 per cent or 22 MSEK, adj. for calendar * EBITA margin 8.7 per cent (7.2) Net debt/EBI
Slide 8: Q3: Net sales - organic growth in Business Areas
Q3: Net sales — organic growth in 6 out of 8 Business Areas SEK 6,779 million (6,417) 6% total growth (19%) 4% organic growth (9%), adj for calendar Net sales affected by * Higher average fees and a higher billing ratio had a positive impact Organic growth adjusted for calendar, % Group SE NO Fl DK
Slide 9: Q3: EBITA increased, adjusted for calendar
Q3: EBITA increased SEK 22 million adjusted for calendar EBITA in Q3 2024 by business area, MSEK SEK 588 million (465) sroup 5% increase y-o-y, adjusted for calendar SE 8.7% group margin (7.2) — impacted by No positive calendar effect FI OK NL BE UK DE & cE 100 200 300 400 EBITA margin, % ee 8.7 (7.
Slide 10: Q3: Business Areas increased EBITA adjusted for calendar
Q3: 6 of 8 Business Areas increased EBITA adjusted for calendar EBITA affected by Q3 2024 EBITA contributors * higher average fees +5% * increasedbillingratio = | * higher personnel expenses had a -10 negative effect EE mn 588 8 more working hours corresponding to a positive year-on- year impact of
Slide 11: Q3: Strong financial position
Q3: Strong financial position Net Debt decreased to SEK 3,533 million Net debt, 03 2019-03 2024 (SEK million) (4,200) mainly due to improved working toon capital levels and decreased acquisition 3000 outflows 000 * Cash flow from operating activities of SEK 1,697 — i900 million (744) 0 + M&A cash ou
Slide 12: Calendar effects
SWECO % Calendar effects The number of normal working hours in 2024, based on the 12-month sales-weighted business mix, is broken down as follows: 2024 2023 Diff. . hu aT a rT? . i _ Sg ; ey D a B . diners a a ; a Soe a 3 . . we a a es . Tul smn Toee sn ; 962 svn 5 .
Slide 13: Projects
Projects Projects won in the quarter reflect the diversity of our business across several growth segments. Battery park for GIGA Storage Belgium Will be one of continental Europe’s largest battery parks. The facility will have a 2,800 MWh storage capacity, supporting the energy grid by storing renew
Slide 14: ial TTP Stine
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Slide 15: Next report
Next report Feb / 04-2024 Financial report and Year-end report
Slide 16: Transforming society together
e SWECO ra) Transforming society together