Sweco jumps on Q4 core earnings beat

Sweco AB (publ)

07/02/2025 08:56

** Sweco  SWECb.ST  jumps 7.3%; set for biggest intraday pct
rise since May 2024
    ** Stock among top performers on STOXX 600 index  .STOXX 
    ** Swedish consulting co reports Q4 core earnings above
estimates
    ** Q4 EBITA at SEK 901 mln ($82.7 mln) beats analysts'
estimates of SEK 828.5 mln, per data compiled by LSEG
    ** "Sweco delivered strong Q4 FY24 report," Jefferies says
    ** Adds demand remains strong for services in the infra,
water, environment and energy segments, as well as in parts of
the industry segment
    ** YTD, SWECb up 17%

($1 = 10.8898 Swedish crowns)

 (Reporting by Jagoda Darlak)
 ((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))