Sweden's Sweco Q1 revenue and EBITA miss expectations

Sweco AB (publ)

28/04/2026 06:30

Overview

Sweden architecture and engineering firm's Q1 revenue and EBITA missed analyst expectations

Company saw positive organic growth, higher fees, and increased billing ratio

Profit and EPS declined yr/yr due to restructuring, integration costs, and higher personnel expenses

Outlook

Company says market remains mixed with solid demand in infrastructure, energy, and defence

Sweco to focus on growth opportunities, internal efficiency, AI development and M&A agenda

Result Drivers

HIGHER FEES AND BILLING RATIO - Co said organic growth was driven by higher average fees and increased billing ratio

ACQUISITIONS - Recent acquisitions contributed positively to results, according to co

RESTRUCTURING AND INTEGRATION COSTS - Co said results were negatively affected by restructuring and integration costs and higher personnel expenses

Company press release: ID:nWkr5NW7rF

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
SEK 8.33 bln
SEK 8.47 bln (4 Analysts)
Q1 EPS
SEK 1.64
Q1 Net Income
SEK 591 mln
Q1 EBITA
Miss
SEK 869 mln
SEK 906.20 mln (4 Analysts)
Q1 EBIT
SEK 837 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Sweco AB (publ) is SEK185.00, about 32.4% above its April 27 closing price of SEK139.70

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)