SWECO AB (publ) Interim report January-June 2013

APRIL – JUNE 2013

  · Net sales of SEK 2,010.5 million (1,943.1).
  · Operating profit of SEK 190.9 million (150.2).
  · Operating margin of 9.5 per cent (7.7).
  · Profit after tax of SEK 136.2 million (122.0) and earnings per share of SEK
1.48 (1.32).
  · Sweco signs an agreement to acquire Vectura and creates the Nordic region’s
leading consulting engineering company.

JANUARY – JUNE 2013

  · Net sales of SEK 3,942.1 million (3,852.7).
  · Operating profit of SEK 326.2 million (382.2).
  · Operating margin of 8.3 per cent (9.9).
  · Profit after tax of SEK 238.4 million (287.0) and earnings per share of SEK
2.59 (3.12).
  · Net debt of SEK 646.1 million (509.0).

Comments from CEO Tomas Carlsson:

–    Sweco has signed an agreement to acquire Vectura with 1,200 employees. This
will make us the Nordic region’s leading consulting engineering company, with
annual sales of approximately SEK 8,800 million and around 9,000 employees. By
combining Vectura’s far-reaching expertise in transport infrastructure with
Sweco’s forefront position in sustainable engineering and design, we will create
excellent potential for continued growth in the Nordic region.

–    Operating profit for the second quarter rose to SEK 191 million and the
best performing business area was Sweco Norway, with an operating margin of 12.7
per cent. Earnings were positively affected by calendar effects of approximately
SEK 60 million. At the same time, earnings were undermined by weak market
development in Finland, which had an impact of around SEK 32 million.

–    Demand for the majority of our services is relatively stable, but the
market is being impacted by generally weak growth in the Nordic region and
Europe. Improved demand was noted in Sweden towards the end of the period and
the market in Norway remained strong. The market for industrial services in
Finland worsened further and measures are being taken to adapt operations to the
current conditions.

–    Our strategy stands firm. As the Nordic region’s leading consulting
engineering company, with the industry’s strongest offering of services for
sustainable engineering and design, we will continue to grow with profitability,
both organically and through further acquisitions.
For additional information please contact:

Tomas Carlsson, President & CEO, telephone +46 8 695 66 60 / +46 70 552 92 75,
tomas.carlsson@sweco.se

Jonas Dahlberg, CFO, telephone +46 8 695 63 32 / +46 70 347 23 83,
jonas.dahlberg@sweco.se

Bo Jansson, Senior Vice President, Head of IR, telephone +46 8 695 66 06 / +46
73 412 66 06, bo.jansson@sweco.se
Sweco is an international consulting group with combined expertise in consulting
engineering, environmental technology and architecture. Sweco has annual sales
of approximately SEK 7.5 billion and 7,800 employees in 12 countries. The
company has projects currently underway in some 80 countries worldwide. Sweco is
listed on NASDAQ OMX Stockholm AB.

Sweco discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on 18 July 2013, at 11:10 CET.