Brief: Sweco Proposes Dividend Of SEK 2.95 Per Share

Sweco AB (publ)

09/02/2024 07:14

Feb 9 (Reuters) - Sweco AB (publ)  SWECb.ST :
    * PROPOSES A DIVIDEND DISTRIBUTION OF SEK 2.95 PER SHARE.
    * SIX OUT OF EIGHT BUSINESS AREAS REPORTED POSITIVE ORGANIC
GROWTH, AND FOUR OUT OF EIGHT REPORTED DOUBLE-DIGIT MARGINS
    * NEGATIVE EBITA DEVELOPMENT IN QUARTER WAS MAINLY LINKED TO
UK
    * EBITA MARGIN OF 8.5 PER CENT (10.5)
    * HIGHER AVERAGE FEES AND CONTRIBUTION FROM ACQUISITIONS HAD
A
POSITIVE IMPACT, WHILE HIGHER COSTS, PROJECT WRITE-DOWNS AND
LOWER BILLING RATIO HAD A NEGATIVE EFFECT

Source text for Eikon:  ID:nWkrbMXYCk 
Further company coverage:  SWECb.ST 

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