Sweco’s acquisition of Vectura exceeds expectations


On 29 November Sweco is hosting a Capital Markets Day for analysts, investors
and the media. Ahead of this event, Sweco announces that the synergies from the
Vectura acquisition are expected to be both greater and realised more quickly
than originally anticipated. At the same time, the integration costs are
expected to be lower than previously estimated.
“Previous estimates have been confirmed and reinforced. We are now anticipating
that the merger with Vectura will exceed our earlier expectations. We are the
Nordic region’s leading consulting engineering company and see good prospects
for continued profitable growth ahead,” says Tomas Carlsson, President and CEO
of Sweco.

The current assessment is that annual synergies will amount to SEK 90 million
for the full year 2015 and that SEK 70 million can be realised on a full-year
basis already in 2014. At present, the integration costs are estimated at a
total of SEK 65 million, of which SEK 15 million was recognised in the third
quarter of 2013. Of the remaining SEK 50 million in integration costs, the vast
majority is expected to be charged during the fourth quarter of 2013.

Vectura is part of Sweco since 1 August this year and an intensive integration
process is currently underway. With its market-leading position in transport
infrastructure, Vectura contributes valuable expertise to Sweco’s combined range
of services in sustainable engineering and design. To further strengthen the
client offering, Sweco Sweden will implement a new organisation as of 1 January
2014, in which Sweco will establish three focused infrastructure companies in
the areas of rail, traffic and urban planning and civil engineering.
For more information contact:

Tomas Carlsson, President and 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, 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 8.8 billion and around 9,000 employees in the Nordic region
and Central and Eastern Europe. The company has projects currently underway in
some 80 countries worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.

The information contained herein is subject to the disclosure requirements of
Sweco AB under the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading Act. The information was released for
publication on 29 November 2013, 8:00 a.m. CET.

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