SWECO AB (publ)Interim report January-September 2007

SWECO AB (publ)Interim report January-September 2007

Sustained earnings growth: Operating profit up 26 per cent

• Operating profit improved by 26 per cent to SEK 296.8 million (236.1). 
• Operating margin strengthened to 9.1 per cent (8.6).
• Net sales increased by 19 per cent to SEK 3,259.6 million (2,732.8).
• Profit before tax was SEK 292.4 million (239.2).
• Profit after tax was SEK 209.3 million (167.2) equal to earnings per share of
SEK 2.41 (1.92).

Comments from CEO Mats Wäppling:

- SWECO is continuing to grow with healthy profitability. Our operating profit
improved substantially and we recorded an operating margin of 9.1 per cent.

- All areas of operation are benefiting from favourable market conditions and
SWECO's special expertise in climate-related issues and sustainable development
is attracting particularly keen interest. Another distinct trend is being seen
in the infrastructure area, where demand for SWECO's services is accelerating.
In Sweden SWECO has been chosen to plan the country's largest road project, the
Stockholm Bypass, and in Norway SWECO is preparing a construction plan for the
E6 motorway through Gudbrandsdalen.

- The Central and Eastern European market offers enormous potential. Order
intake is increasing primarily in the water and environment area, but also in
industry, infrastructure and energy. SWECO's ventures in these growth markets
are starting to make a tangible contribution to earnings, with healthy operating
margins.  

- Our ambition is to continue growing with sustained profitability in all of our
markets. We see no signs of slowing so far and the outlook for the fourth
quarter of 2007 is bright.

For additional information contact:
Mats Wäppling, President & CEO of SWECO, Mobile +46 70 645 03 21,
mats.wappling@sweco.se
Bo Jansson, Chief Financial Officer of SWECO, Telephone +46 8 695 66 06/+46 734
12 66 06, bo.jansson@sweco.se