Interim report
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Strongest third quarter to date 29 October 2026 July–September 2026 • Net sales increased to SEK 7,606 million (7,138) • EBITA increased to SEK 786 million (702), margin 10.3 per cent (9.8) • EBITA increased 10 per cent year-on-year after adjustment for the positive calendar effect in the quarter • EBIT increased to SEK 752 million (643), margin 9.9 per cent (9.0) • Profit for the period increased to SEK 521 million (424) • Earnings per share increased to SEK 1.44 (1.18) and diluted earnings per share increased to SEK 1.44 (1.17) January–September 2026 • Net sales increased to SEK 24,508 million (23,038) • EBITA increased to SEK 2,519 million (2,352), margin 10.3 per cent (10.2) • EBITA increased 7 per cent year-on-year after adjustment for the minor negative calendar effect • EBIT increased to SEK 2,433 million (2,254), margin 9.9 per cent (9.8) • Net debt/EBITDA decreased to 0.8x (0.9) • Net debt increased to SEK 3,160 million (3,124) • Profit for the period increased to SEK 1,713 million (1,563) • Earnings per share increased to SEK 4.74 (4.34) and diluted earnings per share increased to SEK 4.73 (4.32) Q3 Interim Report January–September 2026 Sweco AB (publ) Sweco plans and designs tomorrow’s sustainable communities and cities. With the collective knowledge of our 23,000 architects, engineers and other experts we work together with our clients to facilitate the green transition, maximise the potential from digitalisation and to strengthen Europe’s competitiveness and resilience. Sweco is Europe’s leading architecture and engineering consultancy, with sales of approximately SEK 33 billion (EUR 3.0 billion). The company is listed on Nasdaq Stockholm. This information is information that Sweco is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons, at around 07:20 CET on 29 October 2026.
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2Sweco AB (publ) Interim Report January–September 2026 CEO comment Åsa Bergman President and CEO Strongest third quarter to date Sweco delivered its strongest third quarter results to date and a double-digit margin in a seasonally challenging quarter. Net sales increased 7 per cent and EBITA 10 per cent, adjusted for calendar effects. The improvement was mainly driven by a strong billing ratio and higher average fees. Market conditions remained broadly unchanged from previous quarters. Demand remained solid in the energy, water, environment and transport infrastructure segments. The public and commercial buildings segments improved, driven by investments in hospitals, security and defence, and data centres, while residential remained weak. AI is a key component in Sweco’s value creation for clients. Our AI strategy is built on three pillars: improve individual productivity; automate core processes; and accelerate dig- ital innovation. AI adoption is high across Sweco, and we are now focused on automating processes and producing innovative solutions that introduce new value propositions for our clients. Sweco is in the forefront in our industry and is well positioned to benefit from this development, supported by our proximity to clients, our decentralised operating model, our scale and our multi disciplinary approach. Financial performance Net sales increased to SEK 7,606 million (7,138), corre- sponding to organic growth of 2 per cent after adjustment for calendar effects. EBITA increased to SEK 786 million (702), and the EBITA margin improved to 10.3 per cent (9.8). EBITA increased 10 per cent, or SEK 72 million, adjusted for calendar effects. EBITA improved in the quarter, with Sweden, Norway and Finland as the main contributors. Sweco Belgium delivered strong margins in the quarter, while Sweco Netherlands, UK and Germany & Central Europe continued to improve profits. In Denmark, while maintaining a strong margin, EBITA and net sales were lower, reflecting reduced activity in the Danish pharmaceutical sector. Acquisitions and new projects During the quarter, we completed the acquisition of four businesses: STEIN Ingenieure, a water specialist in Germany; Sitowise Sverige AB, a technology advisor in buildings and infrastructure in Sweden; All Soil Assistance, an environ- mental specialist, and Technocon, an engineering consul- tancy, both in Belgium. In early October, we also completed the acquisition of Stendess in Belgium. In total, we have closed nine acquisitions so far this year across four busi- ness areas, which reflects our ambition to maintain an active M&A agenda across the Group for both niche and larger acquisitions. We continued to strengthen Sweco’s position as a partner in the transition to a more sustainable and resilient society. In Denmark, we were appointed sole consultant to Aalborg Forsyning, supporting the development of a diversified energy system that includes electricity-based heating and surplus heat. In Belgium, we entered into a major framework agreement with the national railway company NMBS/SNCB to supervise and quality-assure infrastructure works at stations across the country. In Sweden, Sweco was awarded a SEK 500 million framework agreement for high- security facilities for the state-owned property company Special- fastigheter. The agreement includes feasibility studies, design and construction management for properties with stringent security and functionality requirements. Priorities going forward Our performance in the third quarter demonstrates continued progress on our strategic priorities. We main- tained high internal efficiency, a strong commercial focus and a solid order backlog, whilst pursuing an active M&A agenda across the business areas. Looking ahead, we will retain these priorities while placing greater emphasis on employee growth to support solid organic growth and further progress towards our EBITA margin target. Our strong market position and continued investments in AI will enable us to enhance our integrated offering and create greater value for our clients.
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3Sweco AB (publ) Interim Report January–September 2026 Europe’s leading architecture and engineering consultancy Sweco plans and designs tomorrow’s sustainable communities and cities. Together with our clients, our 23,000 architects, engi- neers and other experts develop solutions to facilitate the green transition, maximise the potential of digitalisation and strengthen Europe’s competitiveness and resilience. Key figures #1 In the European market 8 Business Areas 22,000 Full-time employees SEK 33.1 bn Net sales R12 SEK 3.5 bn EBITA R12 10.6% EBITA margin R12
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4Sweco AB (publ) Interim Report January–September 2026 Group performance The third quarter resulted in organic growth of 2 per cent, adjusted for calendar effects, and acquired growth of 3 per cent. EBITA increased 10 per cent or SEK 72 million year-on-year, after adjustment for calendar effects. The EBITA margin increased to 10.3 per cent (9.8). July–September Net sales increased 7 per cent to SEK 7,606 million (7,138). Organic growth amounted to 2 per cent, adjusted for calendar effects, and acquired growth amounted to 3 per cent. Currency effects amounted to 1 per cent for the quarter. Organic growth was mainly driven by higher average fees and a higher billing ratio, while a lower number of employees impacted negatively. The quarter had a small positive cal- endar effect with one more working hour compared with the same period last year. This corresponded to a posi- tive year-on-year impact of approxi- mately SEK 13 million on net sales and EBITA. EBITA increased to SEK 786 million (702) and the EBITA margin improved to 10.3 per cent (9.8). EBITA increased 10 per cent or SEK 72 million year-on-year, adjusted for calendar effects. Sweco Sweden, Nor- way and Finland delivered significant increases in EBITA. An increase in EBITA was also achieved in Sweco Nether- lands, UK and Germany & Central Europe, while earnings in Sweco Den- mark and Belgium decreased. The over- all EBITA increase for the Group was mainly driven by higher average fees and a higher billing ratio, while higher personnel expenses and other operat- ing expenses impacted negatively. The quarter was impacted by integra- tion and acquisition costs of SEK 10 million (33), related to recent acquisi- tions. Restructuring costs amounted to SEK 7 million (0) in the quarter. Internal efficiency measures continued to impact positively, with the billing ratio improving to 75.1 per cent (74.0). EBIT increased to SEK 752 million (643) and the EBIT margin increased to 9.9 per cent (9.0). EBIT development was impacted by the same drivers as for EBITA. Last year, EBIT was impacted by a realisation loss on a divestment. Total net financial items were stable at SEK -58 million (-56), as the impact of higher lease liabilities was offset by lower interest-bearing liabilities during the quarter. Earnings per share increased to SEK 1.44 (1.18). January–September Net sales increased 6 per cent to SEK 24,508 million (23,038). Organic growth amounted to 3 per cent after adjustment for calendar effects. Acquired growth amounted to 5 per cent and currency effects impacted growth with -1 per cent. KPIs Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 Net sales, SEK M 7,606 7,138 24,508 23,038 33,055 31,586 Organic growth, % 2 4 3 3 3 Acquisition-related growth, % 3 3 5 1 2 Currency effects, % 1 -2 -1 -2 -2 Total growth, % 7 5 6 2 3 Organic growth adj. for calendar effects, % 2 4 3 3 4 EBITA, SEK M1 786 702 2,519 2,352 3,499 3,332 Margin, % 10.3 9.8 10.3 10.2 10.6 10.5 EBIT, SEK M 752 643 2,433 2,254 3,382 3,203 Margin, % 9.9 9.0 9.9 9.8 10.2 10.1 Profit for the period, SEK M 521 424 1,713 1,563 2,375 2,226 Earnings per share, SEK 1.44 1.18 4.74 4.34 6.58 6.18 Number of full-time employees 21,483 21,218 21,714 21,107 21,750 21,294 Billing ratio, % 75.1 74.0 75.1 74.3 75.0 74.4 Normal working hours 517 516 1,471 1,471 1,956 1,956 Net debt/EBITDA, x2 0.8 0.9 0.4 1) EBITA is an Alternative performance measure (APM). See definition under Alternative performance measures section on page 31. 2) Net debt/EBITDA is an alternative performance measure (APM). See definition of Net debt and EBITDA under Alternative performance measures section on page 31.
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5Sweco AB (publ) Interim Report January–September 2026 Organic growth was mainly driven by higher average fees and a higher billing ratio, while a lower number of employees impacted negatively. EBITA increased to SEK 2,519 million (2,352). The EBITA margin increased to 10.3 per cent (10.2). EBITA increased 7 per cent or SEK 168 million year-on-year after adjustment for calendar effects. Sweco Sweden, the Nether lands and Norway deliv- ered significant increases in EBITA, while earnings in Sweco Denmark, Germany & Central Europe and Belgium decreased. Earnings continued to improve in Sweco UK and were stable in Sweco Finland. Overall for the Group, the EBITA increase was driven by higher average fees, a higher billing ratio and contri- butions from recent acquisitions, while higher personnel expenses and other operating expenses impacted negatively. Acquisition and integra- tion costs of SEK 33 million (33) were at the same level as last year. Higher restructuring costs had a net negative impact of SEK 30 million for the period, with costs of SEK 62 million in 2026 and SEK 32 million in 2025. The period had a very small calendar effect, which due to mix effects was negative with SEK 1 million impacting net sales and EBITA. The billing ratio increased to 75.1 per cent (74.3). EBIT increased to SEK 2,433 million (2,254) and the EBIT margin amounted to 9.9 per cent (9.8). The EBIT devel- opment was impacted by the same drivers as for EBITA. Total net financial items were stable at SEK -159 million (-160), as lower interest rates offset higher average net debt and lease liabilities. Earnings per share increased to SEK 4.74 (4.34). Cash flow and financial position Group cash flow from operating activ- ities totalled SEK 1,121 million (1,353) for the first nine months of the year, and was negatively impacted by a seasonal increase in working capital. Net debt increased to SEK 3,160 million (3,124). The Net debt/EBITDA ratio was 0.8x (0.9). Cash and cash equivalents amounted to SEK 634 million (651) and unuti- lised credit facilities amounted to SEK 4,246 million (3,061) at the end of the period. Purchase considerations paid to acquire companies and operations had an impact of SEK -310 million (-719) on the Group’s cash and cash equiva- lents. No divestments were made during the period. Last year, divest- ments of companies and operations had an impact of SEK -20 million on the Group’s cash and cash equivalents. No repurchases of Sweco shares were made during the period or during the same period last year. Investments, January–September 2026 Investments in equipment totalled SEK 342 million (296) and were pri- marily attributable to IT investments. Depreciation of equipment amounted to SEK 239 million (215) and amorti- sation of intangible assets totalled SEK 174 million (138). Net sales by quarter and rolling 12 months SEK M Quarter Rolling 12 months EBITA by quarter and rolling 12 months SEK M Quarter Rolling 12 months 0 1,000 2,000 3,000 4,000 9,000 8,000 6,000 7,000 5,000 0 4,000 8,000 12,000 16,000 36,000 32,000 28,000 24,000 20,000 09 21 03 22 06 22 09 22 12 21 03 23 06 23 09 23 12 22 03 24 06 24 09 24 12 23 03 25 06 25 09 25 12 24 03 26 06 26 09 26 12 25 0 100 200 300 400 500 1,000 900 700 800 600 0 400 800 1,200 1,600 4,000 3,600 3,200 2,800 2,000 2,400 09 21 03 22 06 22 09 22 12 21 03 23 06 23 09 23 12 22 03 24 06 24 09 24 12 23 03 25 06 25 09 25 12 24 03 26 06 26 09 26 12 25
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6Sweco AB (publ) Interim Report January–September 2026 Employees The number of full-time employees increased to 21,714 (21,107) in the period. Parent Company, January–September 2026 Parent Company net sales totalled SEK 1,064 million (970) and were attributable to intra-Group services. Profit after net financial items totalled SEK 1,465 million (191). Investments in equipment totalled SEK 49 million (45). Cash and cash equivalents at the end of the period totalled SEK 0 million (0). Market Most business areas experienced good demand for Sweco’s services within infrastructure, water, environ- ment and energy as well as security and defence. Demand for services in the building and real estate segments was mixed, with continued weak demand primarily in residential real estate, while the data centre and hos- pital segments showed good demand. Parts of the industry segment includ- ing the pharmaceutical segment also remained relatively weak. Outlook Sustainability, demographic shifts, digitalisation and AI, as well as secu- rity and defence, are societal trends that are driving demand for Sweco’s consulting services. These are also areas in which Sweco is well positioned. Market uncertainty remains high, driven by political instability, potential trade conflicts, increased volatility in commodity prices and the relatively weak economy in general. Sweco’s markets are impacted differently by this. While some of Sweco’s market segments are experiencing an increase in demand, there is a concurrent decrease in demand in other segments. Sweco does not provide forecasts. Events during the quarter On 14 July 2026, Sweco completed the acquisition of engineering con- sultancy STEIN Ingenieure GmbH with approximately 60 experts spread across several locations in Germany. STEIN Ingenieure’s specialist areas include sewer rehabilitation, waste- water and drinking water infrastruc- ture, structural engineering, pipe jacking and inspections of engineer- ing structures. The company had net sales of SEK 67 million in 2025. STEIN was consolidated into Sweco Germany as of July 2026. On 31 July 2026, Sweco completed the acquisition of Sitowise Sverige AB, a Swedish company providing services within structural engineering, build- ing service systems, project manage- ment and transport infrastructure. Sitowise Sverige has 257 experts across 15 locations. The company had net sales of SEK 296 million in 2025. Sitowise was consolidated into Sweco Sweden as of 31 July 2026. On 4 August 2026, Sweco completed the acquisition of All Soil Assistance, an environmental sampling company in Belgium with more than 20 years’ experience. All Soil Assistance has 16 experts who conduct specialised fieldwork including manual and mechanical drilling, groundwater sampling, asbestos investigations in soil, sludge and sediment sampling, and field measurements as part of soil and groundwater investigations. The company had net sales of SEK 20 mil- lion in 2025 and was consolidated into Sweco Belgium as of August 2026. On 30 September 2026, Sweco com- pleted the acquisition of the Techno- con operations in Belgium. Founded in 1994, Technocon is a leading struc- tural engineering consultancy with 12 experts, known for its efficient use of steel across a wide range of sectors. Technocon designs steel, concrete and timber structures for buildings, industrial facilities and installations, public spaces, and civil engineering structures, for both new-build and refurbishment projects. The opera- tions have annual net sales of approx- imately SEK 19 million. Technocon was consolidated into Sweco Belgium as of 30 September 2026. Events after the quarter On 2 October 2026, Sweco announced that Åsa Bergman had resigned as President and CEO after 35 years with the company. The Board has initiated the recruitment of a new CEO for the company. As agreed with the Board, Åsa Bergman will remain in her role until a successor is in place. On 12 October 2026, Sweco com- pleted the acquisition of Stendess, an engineering consultancy in Belgium specialising in complex steel struc- tures. With its team of 15 senior experts, Stendess designs and over- sees the delivery of civil engineering structures, including bridges, locks and offshore wind farms, as well as industrial buildings and infrastructure. Stendess will be consolidated into Sweco Belgium as of October 2026. Net debt/EBITDA, x Q3 2026 Q2 2026 Q1 2026 Q3 2025 Q4 2025 0.9 0.80 .8 0.4 0.5
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7Sweco AB (publ) Interim Report January–September 2026 AI strengthens Sweco’s value creation Sweco strongly believes that AI will change how architectural and engi- neering consultancy work is delivered and that our operating model gives us a strong advantage. Our decentralised organisation allows teams that work in close proximity with our clients to identify opportuni- ties, test ideas and scale successful solutions quickly. At the same time, Sweco’s size, broad European presence and accu- mulated project expertise provide the resources and experience needed to invest in AI and have a meaningful impact. Combined with our multidisciplinary way of working, this enables experts to collaborate more efficiently, explore solutions faster and deliver better outcomes for clients. Sweco’s AI strategy creates three levels of value: 1. Individual productivity: empowers every employee to work smarter, which delivers immediate gains by adopting AI at scale 2. Process automation creates structural efficiency by redesigning entire workflows end-to-end 3. Accelerated digital innovation posi- tions Sweco to develop tailored solutions as a part of client project deliveries Sweco was one of the earliest adop- ters of generative AI and has since implemented AI across its businesses while improving margins and increas- ing the billing ratio and order stock. Today, the vast majority of Sweco’s workforce use AI across multiple dif- ferent applications. Sweco’s AI eco- system provides a secure, compliant and scalable foundation for AI adop- tion, process automation and digital innovation. Sweco is now taking the next step and moving to the second level of AI integration, with the redesign of entire end-to-end workflows. Sub- stantial value can be created when high-volume, technical and labour- intensive processes are redesigned around AI. Our AI Development Platform will enable our business to safely and securely build digital tools and appli- cations through AI-powered software development. Tasks can be handled faster, leaving more time for complex analysis, design thinking and client engagement. This will enable us to work even closer with our clients, solving problems and delivering even more client specific value.
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8Sweco AB (publ) Interim Report January–September 2026 New projects Buildings & urban development Sweco has been awarded three framework agreements with Special- fastigheter, a Swedish state-owned company that owns, develops and manages properties with high security requirements for the Swedish Police Authority, courts and the Swedish Prison and Probation Service. The agreements cover investigations, design, project management and construction management for open and security-sensitive assignments. While the framework agreements do not guarantee any volume of work, the estimated combined order value for Sweco is approximately SEK 500 million. The agreements run from January 2027 to January 2029, with the option to extend them by a further two years, one year at a time. In Belgium, Sweco is leading the transformation of an existing office building in Brussels’ European Quar- ter into approximately 4,000 square metres of office, shared and retail space. The design retains around 90 per cent of the load-bearing struc- ture and includes the reuse of façade materials, improved energy perfor- mance, cycling facilities and a planted rooftop terrace. It supports the project’s ambition to achieve BREEAM (Building Research Establishment Environmen- tal Assessment Method) Outstanding and WELL Platinum certification. Sweco’s fee is SEK 5 million, and the project runs from July 2026 to June 2030. Sweco is supporting HB Reavis, an international property developer, with the redevelopment of Elizabeth House beside Waterloo station in London. Around 37,000 square metres of vacant offices will become a mixed- use scheme comprising retail, two hotels, offices and student accommo- dation. Sweco is providing mechanical, electrical and plumbing, vertical transport, energy and sustainability design, while coordinating a site-wide strategy. The proposed all-electric design includes air- and water-source heat pumps and may connect to dis- trict heating. Fees are approximately SEK 16 million, with design from August 2026 to May 2027 and con- struction planned for 2028–2031. In Norway, Sweco has been awarded a framework agreement by Lillestrøm Municipality and several partner municipalities, enabling the munici- palities to draw on Sweco’s expertise in planning and delivering construc- tion projects. The agreement covers project management, construction management and health, safety and environmental (HSE) advisory services for schools, kindergartens, healthcare facilities, fire stations, and cultural and sports venues. The agreement is valued at SEK 136 million and runs from October 2026 to October 2028. In the Netherlands, Sweco has been commissioned by Rabobank Neder- land, a Dutch cooperative bank, to support the renovation of its head- quarters in Utrecht. The two 28-storey towers provide approximately 39,200 square metre of office space. Sweco is designing renewed building services, including heating and cooling through climate ceilings, demand- controlled ventilation, and modernised measure- ment and control systems. The pro- ject’s construction phase is sched- uled from May 2026 to mid-2029. In Belgium, Sweco is supporting three municipalities in adapting housing and spatial policy to demographic change, including ageing and a rising share of one- and two-person house- holds. The work combines a housing study and action plan with strategic planning, research by design, zoning, masterplans, participation, and envi- ronmental and mobility assessments. It will examine new housing and existing homes, with a focus on bio- diversity and climate resilience. The four-year agreement is worth SEK 23 million and runs from August 2026 to 2030. In Norway, Sweco has signed three detailed- design contracts for Hamar Science Park, a 32,000 square metre mixed-use development in Hamar. The development will include research and education facilities, a hotel, con- ference facilities and commercial space. The contracts cover ventilation, plumbing and electrical engineering for installation contractors Randem & Hübert, Bravida and Minel. The work follows Sweco’s involvement in the collaborative phase and includes continued participation by key per- sonnel and discipline leads. The con- tracts are valued at approximately SEK 10–16 million and runs from August 2026 to Q1 2029. Water In Germany, Sweco has been commis- sioned by Wirtschaftsbetriebe Duis- burg, Duisburg’s municipal services provider, to prepare a site develop- ment concept for the modernisation of the Vierlinden wastewater treat- ment plant. The concept will establish the objectives and requirements for upgrading the water and sludge treat- ment lines, with the aim of improving efficiency, environmental perfor- mance, operational reliability and automation through modern process and mechanical engineering. The pro- ject runs from October 2026 to Sep- tember 2027.
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9Sweco AB (publ) Interim Report January–September 2026 Energy In the Netherlands, Sweco has been commissioned by the municipalities of Zeeland to screen the potential environmental impacts of proposed heat solutions in municipal heat tran- sition programmes designed to sup- port a transition away from natural gas. The screenings consider effects on human health, nature, the living environment and the wider commu- nity, and determine whether a full Strategic Environmental Assessment (SEA) is required. Sweco uses a stand- ardised digital reporting approach for maps and text to support transparent assessment and informed decision- making. The contract fee is SEK 1 mil- lion and the project runs from March to October 2026. In Denmark, Sweco has been awarded a framework agreement as sole con- sultant to Aalborg Forsyning, one of Denmark’s largest utility companies, supporting the continued develop- ment and futureproofing of its energy infrastructure and development pro- jects. The agreement covers multidis- ciplinary advisory services and aims to support the transition towards a more diversified and resilient energy system based, among other sources, on electricity-based heating and sur- plus heat. The agreement runs for two years from September 2026, with options to extend by up to two years, and has a maximum value of SEK 182 million. In Finland, Nordic Ren-Gas, a European e-methane producer, has selected Sweco as its engineering, procurement and construction management (EPCM) partner for an industrial-scale plant in Tampere. The plant is designed to adjust production to electricity avail- ability whilst aiming to meet EU requirements for renewable fuels of non-biological origin. Sweco will lead design, procurement and construction and coordinate technology integration. The plant will combine hydrogen pro- duction, biogenic carbon dioxide cap- ture, synthetic methane production and heat recovery into one integrated energy system. The project timeframe is 2026–2029. Transportation In England, UK, Sweco is independently reviewing the economic cases for local and regional transport develop- ment schemes submitted by local authorities and other promoters to Liverpool City Region Combined Authority (LCRCA). Sweco assesses whether proposals for integrated trans- port networks are robust, evidence- based and aligned with the fund’s objectives, which include economic growth, new homes, lower-carbon transport and healthy living. The pro- ject runs from September 2026 to June 2027 and is valued at SEK 2 million. In Belgium, Sweco has entered into a framework agreement with the National Railway Company (NMBS/ SNCB) to supervise and quality- control infrastructure works at stations and in their surroundings across the Central, Northern and Southern dis- tricts. Services include site inspec- tions, technical and safety compliance reviews, progress monitoring, docu- ment and quantity checks, stakeholder coordination, and support through testing and final acceptance. The order value is SEK 214 million and the agreement runs from September 2026 to 2029, with an option to extend by two years. Sweco has been appointed to support public transport operator GVB in the Netherlands under a framework agree- ment covering technical consultancy services. GVB operates metro, tram, bus and ferry services in Amsterdam and is responsible for maintaining and developing the city’s public trans- port infrastructure. Under the agree- ment, Sweco will provide multidisci- plinary support in areas including design and engineering, project and asset management, technical advice, sustainability, quality and safety, and specialist resources.The agreement runs from July 2026 to June 2030, with an option to extend.
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10Sweco AB (publ) Interim Report January–September 2026 Photo: Getty ImagesPhoto: Adobe Stock Sweco is reviewing transport development schemes for Liverpool City Region Combined Authority in the UK under a SEK 2 million project. Sweco provides station infrastructure supervision and quality control for Belgium’s national railway company, worth SEK 214 million.
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Sweco operates its business in and through eight geographical business areas: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, the UK, and Germany & Central Europe. Business Area Overview Sweco is present in some 15 European markets and holds well- established positions in its business areas. It is primarily in these areas that the company will grow in the future. These markets are economically and politically stable, while also being close to each other geographically and culturally. 11Sweco AB (publ) Interim Report January–September 2026
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12Sweco AB (publ) Interim Report January–September 2026 Sweco Sweden Sales and profit, July–September Net sales increased 6 per cent to SEK 2,071 million (1,963). Acquired growth contributed 3 per cent and was attributable to recent acquisi- tions. Organic growth was 2 per cent and was positively impacted by a higher billing ratio and higher aver- age fees, while personnel reductions related to internal efficiency meas- ures impacted negatively. There was no year-on-year difference in the number of available working hours. EBITA increased 39 per cent, corre- sponding to SEK 51 million. The improvement was mainly driven by a higher billing ratio and higher aver- age fees, while higher personnel costs had a negative impact. Restructuring and integration costs amounted to SEK 16 million (28). The EBITA margin increased to 8.9 per cent (6.7). Market The Swedish market was overall sta- ble and showed signs of improvement compared with the previous quarter. The market for energy investments was overall good. Demand for services in environment and water was stable, driven by major investment needs to meet legislative and technical stand- ards. However, financial challenges for municipalities are delaying some investments. Demand for infrastructure services remained stable, while demand for industry services remained weak, although northern Sweden continued to be a stable market, driven by large projects. The demand within public buildings improved, supported by good demand within health care as well as defence and security, while the weakness within residential buildings continued. Organic growth was 2 per cent and acquired growth contributed 3 per cent. EBITA increased 39 per cent. A higher billing ratio and higher average fees impacted positively, while higher personnel costs had a negative impact. The market was overall stable and showed signs of improvement compared with the previous quarter. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 2,000 4,000 10,000 0 3 6 15 6,0009 128,000 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 2,071 1,963 7,248 6,700 Organic growth, % 2 0 3 1 Acquisition-related growth, % 3 7 5 2 Currency effects, % 0 0 0 0 Total growth, % 6 7 8 3 Organic growth adj. for calendar effects, % 2 0 3 1 EBITA, SEK M 183 132 794 664 EBITA margin, % 8.9 6.7 10.9 9.9 Number of full-time employees 6,799 6,726 6,894 6,641
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13Sweco AB (publ) Interim Report January–September 2026 Sweco Norway Sales and profit, July–September Net sales increased 15 per cent to SEK 845 million (733), to a large extent driven by currency effects of 9 per cent. Organic growth amounted to 6 per cent and was mainly driven by higher average fees and a higher billing ratio. There was no year-on- year difference in the number of avail- able working hours. EBITA increased SEK 24 million to SEK 58 million (35). Earnings were impacted positively by higher average fees and a higher billing ratio, while higher personnel expenses impacted negatively. The EBITA margin increased to 6.9 per cent (4.7). Market The Norwegian market was stable during the quarter, albeit with varia- tions between the different segments. The demand for services within energy and water was good. The demand for services within environment remained weak during the quarter. The demand for infrastructure services was stable. In the Buildings segment, the public buildings segment benefited from increased defence-related spending. The demand for services in the data centre segment was good. The weak- ness in the residential and commer- cial segments continued. Organic growth amounted to 6 per cent and EBITA margin improved to 7 per cent, driven by higher average fees and a higher billing ratio. The market was overall stable, with good demand in energy, water as well as defence and data centres. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 500 1,000 2,000 2,500 1,500 4,000 3,000 0 2 4 6 8 16 14 12 10 3,500 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 845 733 2,821 2,587 Organic growth, % 6 5 5 4 Acquisition-related growth, % 0 1 0 0 Currency effects, % 9 -3 4 -4 Total growth, % 15 2 9 1 Organic growth adj. for calendar effects, % 6 5 5 4 EBITA, SEK M 58 35 252 215 EBITA margin, % 6.9 4.7 8.9 8.3 Number of full-time employees 2,113 2,139 2,132 2,124
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14Sweco AB (publ) Interim Report January–September 2026 Sweco Finland Sales and profit, July–September Net sales increased 17 per cent to SEK 911 million (781). Organic growth amounted to 5 per cent and was mainly driven by a higher billing ratio and more subconsultants. Acquired growth contributed 12 per cent and was attributable to the acquisitions of Fimpec, Näkymä and Platom. There was no year-on-year difference in the number of available working hours. EBITA increased 29 per cent, corre- sponding to SEK 20 million. The EBITA increase was positively impacted by a higher billing ratio, while higher personnel expenses impacted nega- tively. Earnings were also impacted by integration costs of SEK 2 million related to the Fimpec acquisition. The EBITA margin increased to 10.0 per cent (9.1). Sweco Finland continues to utilise temporary lay-offs, albeit at a lower level. At the end of the quarter, around 39 FTEs (76) were affected. Market Overall, the Finnish market improved during the quarter, although differ- ences between segments remained. The market for infrastructure-related services was stable. The energy and industry segments improved. The commercial buildings segment improved further, driven by more activity in the data centre sector. The demand within public buildings was solid, partly driven by the defence segment. Demand in residential build- ings remained challenging. Organic growth amounted to 5 per cent, while acquisitions contributed 12 per cent to growth. EBITA increased 29 per cent, with revenue and earnings mainly driven by a higher billing ratio. The market improved driven by investments in the energy, defence and data centre segments. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 500 1,500 2,000 1,000 4,000 3,000 2,500 0 2 4 6 16 12 10 8 3,5001 4 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 911 781 2,962 2,620 Organic growth, % 5 5 1 0 Acquisition-related growth, % 12 2 13 2 Currency effects, % 0 -3 -2 -3 Total growth, % 17 4 13 -1 Organic growth adj. for calendar effects, % 5 5 1 1 EBITA, SEK M 91 71 233 232 EBITA margin, % 10.0 9.1 7.9 8.8 Number of full-time employees 3,099 2,848 3,151 2,875
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15Sweco AB (publ) Interim Report January–September 2026 Sweco Denmark Sales and profit, July–September Net sales amounted to SEK 729 mil- lion (782). Organic growth amounted to negative 7 per cent and was impacted negatively by a lower num- ber of employees and lower revenue from subconsultants, both related to the lower activity in the pharmaceuti- cal industry. Higher average fees had a positive impact. There was no year- on-year difference in the number of available working hours. EBITA decreased 18 per cent, corre- sponding to SEK 25 million. The EBITA decrease was mainly driven by a lower number of employees, lower earnings from subconsultants and higher personnel costs, while higher average fees had a positive impact. The EBITA margin amounted to 15.2 per cent (17.3). Market The Danish market was overall stable, albeit with large differences between segments. The demand in industry services remained weak, driven by the pharmaceutical industry scaling down investments. Demand in the energy segment stabilised. Demand was good within water and environment, whereas the infrastruc- ture market was stable, supported by the governmental infrastructure plan. The commercial and public buildings segments were stable, while weak- ness in the residential buildings segment continued. Performance was impacted by lower activity in the pharmaceutical industry, having a negative effect on organic growth. The EBITA margin remained high at 15.2 per cent. The market was overall stable, with good demand in infrastructure, water and environment. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 500 2,000 3,500 3,000 0 3 9 21 18 15 1,000 12 2,500 1,500 6 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 729 782 2,388 2,492 Organic growth, % -7 2 -2 0 Acquisition-related growth, % 0 0 0 0 Currency effects, % 0 -3 -2 -3 Total growth, % -7 0 -4 -3 Organic growth adj. for calendar effects, % -7 2 -2 1 EBITA, SEK M 111 136 349 381 EBITA margin, % 15.2 17.3 14.6 15.3 Number of full-time employees 1,771 1,893 1,840 1,903
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16Sweco AB (publ) Interim Report January–September 2026 Sweco Netherlands Sales and profit, July–September Net sales increased 5 per cent to SEK 925 million (876). Organic growth was 4 per cent and was mainly driven by higher average fees and a higher billing ratio. Acquired growth contrib- uted 2 per cent and was attributable to the recent acquisitions. There was no year-on-year difference in the number of available working hours. EBITA increased 16 per cent, corre- sponding to SEK 11 million. The EBITA increase was mainly driven by higher average fees and a higher billing ratio, while higher personnel expenses impacted negatively. The EBITA mar- gin increased to 8.9 per cent (8.1). Market The Dutch market was overall stable, albeit with differences between seg- ments. The water and environment markets were good. The energy market was good due to increased demand from the energy transition. Demand in the infrastructure and buildings segments remained sub- dued caused by the so-called nitrogen issue, related to uncertainties around the impact from the EU regulation of nitrogen emissions in the Netherlands. Furthermore, the residential buildings segment remained weak. Organic growth was 4 per cent and acquisitions contributed 2 per cent to growth. EBITA increased 16 per cent. Both revenue and earnings were driven by higher aver- age fees and a higher billing ratio. The market was overall stable and largely in line with previous quarter. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 500 2,000 2,500 1,500 1,000 4,000 3,500 3,000 0 2 4 8 6 10 16 14 12 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 925 876 2,794 2,589 Organic growth, % 4 9 4 8 Acquisition-related growth, % 2 8 6 4 Currency effects, % 0 -3 -2 -3 Total growth, % 5 14 8 10 Organic growth adj. for calendar effects, % 4 9 4 9 EBITA, SEK M 82 71 263 222 EBITA margin, % 8.9 8.1 9.4 8.6 Number of full-time employees 1,971 1,967 1,994 1,889
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17Sweco AB (publ) Interim Report January–September 2026 Sweco Belgium Sales and profit, July–September Net sales increased 8 per cent to SEK 1,000 million (930). Organic growth adjusted for calendar effects was negative 2 per cent and was mainly driven by higher absence and lower revenue from subconsultants. Acquired growth contributed 8 per cent and was attributable to the recent acquisitions. The year-on-year calendar effect of eight more hours had a positive impact of SEK 13 mil- lion on net sales and EBITA. EBITA decreased 9 per cent, corre- sponding to SEK 12 million, adjusted for calendar effects. EBITA was nega- tively impacted by higher other oper- ating expenses and higher absence, while higher average fees impacted positively. The EBITA margin amounted to 12.8 per cent (13.6). Market The Belgian market was overall stable during the quarter. The infrastructure market remained good as did demand within energy, driven by the ongoing energy transition. Demand for envi- ronmental services remained stable while demand in the industry segment remained subdued, impacted by the slowdown in the pharmaceutical and chemical industry segments. Investments in healthcare and public buildings were stable, while the weakness in the residential and office buildings segments continued. Acquisitions contributed 8 per cent to growth. Organic growth was negative 2 per cent and EBITA decreased 9 per cent, adjusted for calendar effects – both impacted by higher absence. The EBITA margin remained high at 12.8 per cent. The market was overall stable, with investments in infra structure and energy. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 500 1,000 1,500 4,500 2,000 0 2 4 6 18 16 14 12 10 8 4,000 3,000 3,500 2,500 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 1,000 930 3,188 2,959 Organic growth, % 0 3 1 1 Acquisition-related growth, % 8 1 9 0 Currency effects, % 0 -3 -2 -3 Total growth, % 8 1 8 -1 Organic growth adj. for calendar effects, % -2 3 0 2 EBITA, SEK M 128 127 413 407 EBITA margin, % 12.8 13.6 12.9 13.8 Number of full-time employees 2,268 2,182 2,282 2,179
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18Sweco AB (publ) Interim Report January–September 2026 Sweco UK Sales and profit, July–September Net sales decreased 2 per cent to SEK 397 million (404). Organic growth amounted to a negative 3 per cent. Lower revenue from subconsultants and a lower number of employees impacted organic growth negatively, while a higher billing ratio and higher average fees had a positive impact. There was no year-on-year difference in the number of available working hours. EBITA increased 17 per cent, corre- sponding to SEK 5 million. The earn- ings increase was mainly driven by a higher billing ratio and higher aver- age fees. The EBITA margin increased to 8.6 per cent (7.2). Market The UK market was overall stable in the quarter. The demand for services in the energy market was good, sup- ported by the investment frameworks of the transmission operators and government funding to tackle energy security. Demand in transport infra- structure remained cautious. The water market was good driven by increased activity as the current investment cycle is transitioning into delivery. The environment market was stable. Within buildings, demand for services in data centres was stable, while the weakness in the residential segment remained. Demand in the commercial buildings segment, espe- cially in London, slowed down some- what in the quarter. Organic growth amounted to negative 3 per cent driven by lower revenue from sub- consultants and fewer employees. EBITA increased 17 per cent positively impacted by a higher billing ratio and higher average fees. The UK market was overall stable and largely in line with the previous quarter. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 400 800 1,200 1,600 0 2 4 6 8 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 397 404 1,138 1,185 Organic growth, % -3 11 -1 7 Acquisition-related growth, % 0 0 0 0 Currency effects, % 1 -5 -3 -3 Total growth, % -2 5 -4 5 Organic growth adj. for calendar effects, % -3 11 -1 8 EBITA, SEK M 34 29 84 78 EBITA margin, % 8.6 7.2 7.4 6.6 Number of full-time employees 993 1,009 995 1,014
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19Sweco AB (publ) Interim Report January–September 2026 Sweco Germany & Central Europe Organic growth was 8 per cent and mainly driven by higher average fees and FTE growth. The EBITA margin amounted to 13.9 per cent and was driven by higher aver- age fees, while higher personnel expenses impacted negatively. The market was overall stable and largely in line with the previous quarter. Sales and profit, July–September Net sales increased 7 per cent to SEK 822 million (771). Organic growth amounted to 8 per cent, mainly driven by higher average fees and a higher number of employees. Acquired growth amounted to -1 per cent, reflecting the divestment of Sweco’s Czech operations, partly offset by the positive contribution from the recent acquisition of STEIN. There was no year-on-year difference in the num- ber of available working hours. EBITA increased 1 per cent, corre- sponding to SEK 2 million. The EBITA increase was driven by higher aver- age fees, while higher personnel expenses and higher other operating expenses impacted negatively. The EBITA margin amounted to 13.9 per cent (14.6). Market Overall, the German market was stable in the quarter. The demand for services in the energy, environment and water markets was stable, with energy transition and new regulation driving demand while municipal budget pressure dampened demand in some areas. The demand for trans- port infrastructure services was good. Within Buildings, the demand within public buildings was good with the hospital and defence segments driv- ing part of the demand. The weakness within residential and commercial buildings continued. Net sales & EBITA margin, rolling 12 months Net sales, SEK M EBITA margin, % 0 500 1,000 2,000 1,500 3,500 3,000 0 2 4 6 8 14 12 102,500 Q2 2026 Q3 2026 Q1 2026 Q4 2025 Q3 2025 In brief Net sales and profit Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Net sales, SEK M 822 771 2,255 2,190 Organic growth, % 8 13 8 9 Acquisition-related growth, % -1 -1 -3 0 Currency effects, % 0 -3 -2 -3 Total growth, % 7 9 3 7 Organic growth adj. for calendar effects, % 8 13 8 9 EBITA, SEK M 114 112 213 226 EBITA margin, % 13.9 14.6 9.5 10.3 Number of full-time employees 2,389 2,368 2,344 2,393
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20Sweco AB (publ) Interim Report January–September 2026 Other information The interim report comprises pages 1–32; the interim financial information presented on pages 1–32 is therefore part of this financial report. Calendar effects Year 2026 The number of normal working hours in 2026, based on the 12-month sales-weighted business mix as of September 2025, is broken down as follows: 2026 2025 Change Quarter 1: 486 491 -5 Quarter 2: 468 464 5 Quarter 3: 517 516 1 Quarter 4: 491 485 6 Total: 1,962 1,956 7 Year 2027 The number of normal working hours in 2027, based on the 12-month sales-weighted business mix as of September 2026, is broken down as follows: 2027 2026 Change Quarter 1: 469 486 -17 Quarter 2: 491 468 23 Quarter 3: 517 517 0 Quarter 4: 496 491 5 Total: 1,974 1,962 11 Acquisition-related amortisation Acquisition-related intangible assets and expensed costs for future services will be amortised pursuant to the follow- ing schedule, based on acquisitions to date: 2026 Estimate SEK -226 million 2027 Estimate SEK -182 million 2028 Estimate SEK -156 million 2029 Estimate SEK -132 million The Sweco share The Sweco share is listed on Nasdaq Stockholm. The share price of the Sweco Class B share was SEK 129.20 at the end of the period, representing an increase of 2 per cent during the quarter. The Nasdaq Stockholm OMXSPI increased 2 per cent over the same period. The total number of shares at the end of the period was 363,251,457: 30,999,564 Class A shares and 332,251,893 Class B shares. The total number of shares outstanding at the end of the period was 361,240,754: 30,999,564 Class A shares and 330,241,190 Class B shares. Stockholm, 29 October 2026 Åsa Bergman President and CEO, Member of the Board of Directors
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21Sweco AB (publ) Interim Report January–September 2026 Review report Sweco AB (publ), corporate identity number 556542-9841 Introduction We have reviewed the condensed interim report for Sweco AB as at 30 September 2026 and for the nine months period then ended. The Board of Directors and the President and CEO are responsible for the preparation and presentation of this interim report in accordance with IAS 34 and the Swedish Annual Accounts Act. Our responsibility is to express a conclusion on this interim report based on our review. Scope of review We conducted our review in accordance with the Inter- national Standard on Review Engagements, ISRE 2410 Review of Interim Financial Statements Performed by the Independent Auditor of the Entity. A review consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and other generally accepted auditing standards in Sweden. The procedures performed in a review do not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the interim report is not pre- pared, in all material respects, in accordance with IAS 34 and the Swedish Annual Accounts Act regarding the Group, and in accordance with the Swedish Annual Accounts Act regarding the Parent Company. Stockholm, 28 October 2026 Ernst & Young AB Jonas Svensson Authorized Public Accountant This is a translation from the Swedish original
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22Sweco AB (publ) Interim Report January–September 2026 KPIs The definitions of the Key Performance Indicators (KPIs) are available on Sweco’s website. More details regarding some of the KPIs can also be found under the Alternative performance measures section in this report. KPIs Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 Profitability EBITA margin, % 10.3 9.8 10.3 10.2 10.6 10.5 Operating margin (EBIT), % 9.9 9.0 9.9 9.8 10.2 10.1 Net sales growth Organic growth, % 2 4 3 3 3 Acquisition-related growth, % 3 3 5 1 2 Currency effects, % 1 -2 -1 -2 -2 Total growth, % 7 5 6 2 3 Organic growth adj. for calendar effects, % 2 4 3 3 4 Employee data and other operational indicators Billing ratio, % 75.1 74.0 75.1 74.3 75.0 74.4 Number of full-time employees 21,483 21,218 21,714 21,107 21,750 21,294 Normal working hours 517 516 1,471 1,471 1,956 1,956 Debt Net debt, SEK M 3,160 3,124 1,386 Interest-bearing debt, SEK M 3,794 3,775 2,864 Financial strength Net debt/Equity, % 23.4 26.1 11.2 Net debt/EBITDA, x 0.8 0.9 0.4 Equity/Assets ratio, % 46.1 41.6 41.6 Cash and cash equivalents, SEK M 634 651 1,478 Unutilised credit facilities, SEK M 4,246 3,061 3,821 Return Return on equity, % 18.7 18.7 18.3 Return on capital employed, % 17.1 16.9 17.2 Share data Earnings per share, SEK 1.44 1.18 4.74 4.34 6.58 6.18 Diluted earnings per share, SEK 1.44 1.17 4.73 4.32 6.57 6.16 Equity per share, SEK1 37.31 33.18 34.43 Diluted equity per share, SEK1 37.26 33.13 34.31 Number of shares outstanding at reporting date2 361,240,754 360,663,609 360,663,609 Number of repurchased Class B shares2 2,010,703 2,587,848 2,587,848 1) Refers to portion attributable to Parent Company shareholders. 2) In accordance with the terms and conditions of the company’s incentive schemes, 577,145 (885,732) treasury shares were transferred during the period, without consideration, to Sweco employees.
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23Sweco AB (publ) Interim Report January–September 2026 Condensed consolidated income statement SEK M Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 Net sales 7,606 7,138 24,508 23,038 33,055 31,586 Other income 12 9 40 33 51 44 Other external expenses -1,526 -1,403 -4,610 -4,303 -6,340 -6,033 Personnel expenses -4,925 -4,684 -16,293 -15,363 -21,771 -20,840 Amortisation/depreciation and impairment, tangible and intangible fixed assets1 -93 -84 -267 -243 -354 -330 Depreciation and impairment, right-of-use assets -261 -249 -773 -732 -1,029 -988 Acquisition-related items2 -60 -84 -171 -175 -232 -236 Operating profit (EBIT) 752 643 2,433 2,254 3,382 3,203 Net financial items3 -27 -29 -69 -76 -97 -104 Interest cost of leasing4 -31 -28 -93 -86 -123 -115 Other financial items5 1 1 4 2 3 2 Total net financial items -58 -56 -159 -160 -217 -218 Profit before tax 695 586 2,274 2,095 3,165 2,985 Income tax -174 -162 -562 -531 -790 -759 PROFIT FOR THE PERIOD 521 424 1,713 1,563 2,375 2,226 Attributable to: Parent Company shareholders 521 424 1,712 1,563 2,375 2,226 Non-controlling interests 0 0 0 0 0 0 Earnings per share attributable to Parent Company shareholders, SEK 1.44 1.18 4.74 4.34 6.58 6.18 Diluted earnings per share attributable to Parent Company shareholders, SEK 1.44 1.17 4.73 4.32 6.57 6.16 Average number of shares outstanding 361,240,754 360,663,609 361,013,589 360,285,739 360,926,094 360,380,207 Dividend per share, SEK 3.70 1) Includes tangible assets and intangible assets that are not acquisition-related. 2) Acquisition-related items consist of amortisation and impairment of goodwill and acquisition-related intangible assets, revaluation of purchase price, profit and losses on the divestment of companies, operations, buildings and land, as well as expensed costs for received future service. See page 31 for additional details. 3) Net financial items comprise interest expenses on credit facilities and costs related to credit facilities less interest income on cash and cash equivalents. 4) Interest cost of leasing comprises the interest cost of leasing pursuant to IFRS 16. 5) Other financial items: Result and distributions from participation in associated companies and other securities, result from sale of participations in associated companies and other securities, foreign exchange gains and losses on financial assets and liabilities, and other interest income and interest expenses. Condensed consolidated statement of comprehensive income SEK M Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 Profit for the period 521 424 1,713 1,563 2,375 2,226 Items that will not be reversed in the income statement Revaluation of defined benefit pensions, net after tax1, 2 – – – – 11 11 Items that may subsequently be reversed in the income statement Translation differences, net after tax 277 -110 594 -410 363 -640 COMPREHENSIVE INCOME FOR THE PERIOD 798 314 2,306 1,153 2,749 1,596 Attributable to: Parent Company shareholders 798 314 2,306 1,153 2,749 1,597 Non-controlling interests 0 0 1 0 0 -1 1) Tax on revaluation of defined benefit pensions – – – – -4 -4 2) Revalued annually. Reviewed quarterly in the event of material changes to actuarial assumptions.
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24Sweco AB (publ) Interim Report January–September 2026 Condensed consolidated balance sheet SEK M 30 Sep 2026 30 Sep 2025 31 Dec 2025 Goodwill 12,029 10,979 11,159 Intangible assets 957 920 989 Property, plant and equipment 1,028 869 884 Right-of-use assets 3,319 3,220 3,484 Financial assets 224 212 184 Total non-current assets 17,558 16,201 16,701 Current assets excl. cash and cash equivalents 11,081 11,947 11,709 Cash and cash equivalents 634 651 1,478 Total current assets 11,716 12,597 13,187 TOTAL ASSETS 29,273 28,798 29,888 Equity attributable to Parent Company shareholders 13,477 11,966 12,417 Non-controlling interests 6 13 5 Total equity 13,483 11,979 12,423 Non-current lease liabilities 2,654 2,526 2,750 Non-current interest-bearing liabilities 2,043 2,105 1,529 Other non-current liabilities 1,183 1,031 1,134 Total non-current liabilities 5,880 5,662 5,413 Current lease liabilities 946 870 957 Current interest-bearing liabilities 1,751 1,669 1,335 Other current liabilities 7,214 8,618 9,760 Total current liabilities 9,911 11,157 12,052 TOTAL EQUITY AND LIABILITIES 29,273 28,798 29,888 Condensed consolidated cash flow statement SEK M Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 Profit before tax 695 586 2,274 2,095 3,165 2,985 Adjustment for non-cash items Amortisation/depreciation and impairment 405 382 1,189 1,087 1,582 1,480 Other non-cash items 85 104 241 266 383 408 Total non-cash items 490 486 1,431 1,354 1,965 1,888 Interest cost leasing -31 -28 -93 -86 -123 -115 Net interest paid -20 -22 -49 -53 -82 -86 Tax paid -169 -149 -545 -624 -662 -741 Cash flow from operating activities before changes in working capital 965 872 3,018 2,685 4,263 3,930 Changes in working capital -690 -441 -1,897 -1,332 -484 80 Cash flow from operating activities 275 431 1,121 1,353 3,779 4,011 Acquisition and divestment of subsidiaries and operations -88 -530 -310 -739 -645 -1,075 Purchase and disposal of intangible and tangible assets -90 -95 -351 -314 -453 -417 Other investing activities -8 -5 -6 -6 -7 -7 Cash flow from investing activities -186 -630 -667 -1,060 -1,105 -1,498 Borrowings and repayment of borrowings 185 271 859 500 -156 -514 Principal elements of lease payments -260 -216 -772 -639 -1,011 -878 Dividends paid – – -1,335 -1,187 -1,335 -1,187 Cash flow from financing activities -75 55 -1,249 -1,326 -2,502 -2,580 CASH FLOW FOR THE PERIOD 14 -143 -794 -1,033 171 -67 Cash and cash equivalents at the beginning of the period 663 782 1,478 1,654 651 1,654 Foreign exchange differences in cash and cash equivalents -43 12 -49 29 -187 -109 Cash and cash equivalents at the end of the period 634 651 634 651 634 1,478
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25Sweco AB (publ) Interim Report January–September 2026 Condensed consolidated statement of changes in equity SEK M Jan–Sep 2026 Jan–Sep 2025 Equity attributable to Parent Company shareholders Non- controlling interests Total equity Equity attributable to Parent Company shareholders Non- controlling interests Total equity Equity, opening balance 12,417 5 12,423 11,918 5 11,923 Comprehensive income for the period 2,306 1 2,306 1,153 0 1,153 Share bonus scheme 83 – 83 76 – 76 Share savings schemes 6 – 6 6 – 6 Change in non-controlling interest 0 0 0 – 7 7 Dividend -1,335 – -1,335 -1,187 – -1,187 EQUITY, CLOSING BALANCE 13,477 6 13,483 11,966 13 11,979 Accounting policies Sweco complies with the IFRS Accounting standards, as adopted by the EU. This report was prepared in accordance with IAS 34, Interim Reporting; the Swedish Annual Accounts Act; and the Swedish Corporate Reporting Board RFR 2, Reporting for Legal Entities. The Group applies the same accounting and valuation policies as those described in Note 1 in the Annual Report for 2025. Sweco is preparing for the implementation of IFRS 18 Presentation and Disclosure in Financial Statements, which will apply from 1 January 2027. The new standard introduces revised requirements for the structure and presentation of the income statement, including new mandatory subtotals and classification of income and expenses into five different categories. IFRS 18 will not affect Sweco’s underlying economic performance or cash flows, but it is expected to result in notable pres- entation changes to the Group’s external financial reporting. The expected changes include items currently reported in Total net financial items to be classified in the investing and financing categories, discontinuation of certain existing line items, and reclassification of certain income and expense into different categories. In this report, amounts in brackets refer to the corresponding period of the previous year. Because table items are individ- ually rounded off, table figures do not always tally. Risks and uncertainties Significant risks and uncertainties affecting the Sweco Group and the Parent Company include business risks associated with the general economic trend and investment level in various markets, the capacity to attract and retain skilled person- nel, the effects of political decisions as well as risks and uncertainties related to geopolitical instability, including the global tariff situation, and IT disruptions. The Group is also exposed to various types of financial risk, such as foreign currency, interest rate and credit risk. The risks to which Sweco is exposed are detailed in Sweco’s 2025 Annual Report (pages 122– 125, Risks and Risk Management).
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26Sweco AB (publ) Interim Report January–September 2026 Segment reporting July–September External sales, SEK M Internal sales, SEK M Total net sales, SEK M Business Area 2026 2025 2026 2025 2026 2025 Sweco Sweden 2,057 1,940 14 23 2,071 1,963 Sweco Norway 837 724 8 9 845 733 Sweco Finland 889 756 21 25 911 781 Sweco Denmark 724 777 5 5 729 782 Sweco Netherlands 917 866 8 10 925 876 Sweco Belgium 989 922 12 8 1,000 930 Sweco UK 395 403 2 1 397 404 Sweco Germany & Central Europe 791 741 30 30 822 771 Group-wide, Eliminations, etc.1 6 8 -100 -110 -93 -103 TOTAL GROUP 7,606 7,138 – – 7,606 7,138 July–September EBITA, SEK M3 EBITA margin, %3 Number of full-time employees Business Area2 2026 2025 2026 2025 2026 2025 Sweco Sweden 183 132 8.9 6.7 6,799 6,726 Sweco Norway 58 35 6.9 4.7 2,113 2,139 Sweco Finland 91 71 10.0 9.1 3,099 2,848 Sweco Denmark 111 136 15.2 17.3 1,771 1,893 Sweco Netherlands 82 71 8.9 8.1 1,971 1,967 Sweco Belgium 128 127 12.8 13.6 2,268 2,182 Sweco UK 34 29 8.6 7.2 993 1,009 Sweco Germany & Central Europe 114 112 13.9 14.6 2,389 2,368 Group-wide, Eliminations, etc.1 -16 -11 – – 81 85 TOTAL GROUP 786 702 10.3 9.8 21,483 21,218 January–September External sales, SEK M Internal sales, SEK M Total net sales, SEK M Business Area 2026 2025 2026 2025 2026 2025 Sweco Sweden 7,198 6,648 51 52 7,248 6,700 Sweco Norway 2,799 2,562 21 25 2,821 2,587 Sweco Finland 2,895 2,553 66 67 2,962 2,620 Sweco Denmark 2,372 2,479 16 13 2,388 2,492 Sweco Netherlands 2,769 2,555 25 34 2,794 2,589 Sweco Belgium 3,160 2,939 28 20 3,188 2,959 Sweco UK 1,135 1,181 3 5 1,138 1,185 Sweco Germany & Central Europe 2,160 2,101 95 89 2,255 2,190 Group-wide, Eliminations, etc.1 19 21 -305 -305 -286 -284 TOTAL GROUP 24,508 23,038 – – 24,508 23,038 January–September EBITA, SEK M3 EBITA margin, %3 Number of full-time employees Business Area2 2026 2025 2026 2025 2026 2025 Sweco Sweden 794 664 10.9 9.9 6,894 6,641 Sweco Norway 252 215 8.9 8.3 2,132 2,124 Sweco Finland 233 232 7.9 8.8 3,151 2,875 Sweco Denmark 349 381 14.6 15.3 1,840 1,903 Sweco Netherlands 263 222 9.4 8.6 1,994 1,889 Sweco Belgium 413 407 12.9 13.8 2,282 2,179 Sweco UK 84 78 7.4 6.6 995 1,014 Sweco Germany & Central Europe 213 226 9.5 10.3 2,344 2,393 Group-wide, Eliminations, etc.1 -81 -73 – – 81 88 TOTAL GROUP 2,519 2,352 10.3 10.2 21,714 21,107 1) Group-wide, Eliminations, etc. includes Group functions, the Dutch real estate operations and Twinfinity AB. 2) Sweco is not applying IFRS 16 at the business area level. 3) EBITA is an Alternative performance measure (APM). See definition under Alternative performance measures section.
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27Sweco AB (publ) Interim Report January–September 2026 Reconciliation of EBITA and the Group’s profit before tax SEK M Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 EBITA 786 702 2,519 2,352 3,499 3,332 Acquisition-related items1 -60 -84 -171 -175 -232 -236 Lease expenses2 288 274 858 810 1,143 1,095 Depreciation and impairments, right-of-use assets -261 -249 -773 -732 -1,029 -988 EBIT 752 643 2,433 2,254 3,382 3,203 Total net financial items -58 -56 -159 -160 -217 -218 Profit before tax 695 586 2,274 2,095 3,165 2,985 1) Acquisition-related items are defined as amortisation and impairment of goodwill and acquisition-related intangible assets, revaluation of purchase prices, and profit and loss on the divestment of companies, operations, buildings and land, as well as expensed cost for future service. 2) Lease expenses pertain to adjustments made in order to treat all leases as operating leases. Quarterly review per business area 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 Net sales, SEK M Sweco Sweden 2,071 2,660 2,517 2,658 1,963 2,390 2,346 2,410 1,828 Sweco Norway 845 1,010 966 970 733 885 970 943 717 Sweco Finland 911 1,046 1,005 1,013 781 915 923 946 754 Sweco Denmark 729 833 826 848 782 826 884 888 785 Sweco Netherlands 925 928 941 939 876 842 870 879 767 Sweco Belgium 1,000 1,088 1,100 1,057 930 969 1,060 1,004 922 Sweco UK 397 370 371 363 404 392 389 385 383 Sweco Germany & Central Europe 822 731 703 804 771 717 702 760 705 Group-wide, Eliminations, etc.1 -93 -99 -94 -104 -103 -103 -79 -115 -82 TOTAL NET SALES 7,606 8,567 8,334 8,548 7,138 7,834 8,066 8,100 6,779 EBITA, SEK M2 Sweco Sweden 183 324 286 278 132 266 265 298 137 Sweco Norway 58 94 99 82 35 60 120 71 20 Sweco Finland 91 86 55 133 71 77 83 117 70 Sweco Denmark 111 107 132 103 136 104 141 105 112 Sweco Netherlands 82 78 103 101 71 58 93 100 60 Sweco Belgium 128 131 153 146 127 128 152 121 111 Sweco UK 34 23 27 29 29 23 26 23 22 Sweco Germany & Central Europe 114 56 43 167 112 63 51 100 73 Group-wide, Eliminations, etc.1 -16 -36 -30 -60 -11 -31 -32 -34 -16 EBITA 786 864 869 979 702 750 900 901 588 EBITA margin, %2 Sweco Sweden 8.9 12.2 11.4 10.5 6.7 11.1 11.3 12.4 7.5 Sweco Norway 6.9 9.3 10.3 8.5 4.7 6.8 12.4 7.5 2.7 Sweco Finland 10.0 8.2 5.5 13.2 9.1 8.4 9.0 12.3 9.2 Sweco Denmark 15.2 12.9 15.9 12.2 17.3 12.6 16.0 11.8 14.3 Sweco Netherlands 8.9 8.4 10.9 10.8 8.1 6.9 10.7 11.4 7.8 Sweco Belgium 12.8 12.0 13.9 13.8 13.6 13.2 14.4 12.1 12.0 Sweco UK 8.6 6.1 7.4 7.9 7.2 6.0 6.6 6.1 5.8 Sweco Germany & Central Europe 13.9 7.7 6.2 20.7 14.6 8.8 7.3 13.1 10.3 EBITA margin 10.3 10.1 10.4 11.5 9.8 9.6 11.2 11.1 8.7 Billing ratio, % 75.1 75.9 74.4 74.8 74.0 75.2 73.6 74.6 73.5 Number of normal working hours 517 468 486 485 516 464 491 484 516 Number of full-time employees 21,483 21,842 21,836 21,861 21,218 21,074 21,022 20,985 20,465 1) Group-wide, Eliminations, etc. includes Group functions, the Dutch real estate operations and Twinfinity AB. 2) EBITA is an Alternative performance measure (APM). See definition under Alternative performance measures section.
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28Sweco AB (publ) Interim Report January–September 2026 Acquisitions The following acquisitions of companies and operations were completed during the period. Company Included from Business area Acquired share, % Annual net sales in SEK M1 Number of employees (individuals) Maisema-arkkitehtitoimisto Näkymä Oy January Finland 100 28 20 A-TRACT Architecture BV February Belgium 100 9 52 Conix Architechtenmaatschappij3 May4 Belgium 100 83 38 Platom Oy June Finland 100 46 33 STEIN Ingenieure Group July Germany 100 67 63 Sitowise Sverige AB July4 Sweden 100 296 257 All Soil Assistance BV August Belgium 100 20 16 Technocon, asset deal September4 Belgium 19 115 TOTAL 569 443 1) Estimated annual net sales. 2) The number of employees in the table excludes self-employed. Including self-employed the company has 10 experts. 3) The number of employees in the table includes a net asset deal of 7 employees. Self-employed are excluded. Including self-employed the company has 54 experts. 4) Included from end of the stated period. 5) The number of employees in the table excludes self-employed. Including self-employed the company has 12 experts. During the period, the acquired companies and operations contributed SEK 125 million in net sales, SEK -2 million in EBITA and SEK -6 million in operating profit (EBIT). If the companies and operations had been owned as of 1 January 2026, they would have contributed approximately SEK 392 million in net sales, about SEK -40 million in EBITA and about SEK -48 million in operating profit (EBIT). Transaction costs during this period and previous periods pertaining to this year’s acquisitions totalled SEK 13 million. The purchase consideration, for the acquisitions and some adjustments of previous years’ acquisitions, totalled SEK 360 million and had a negative impact on cash and cash equivalents of SEK 310 million. The acquisition analyses during the period are preliminary. This year’s acquisitions and some adjustments of previous years’ acquisitions impacted the con- solidated balance sheet as detailed in the table below. Acquisitions, SEK M Goodwill 336 Intangible assets 84 Property, plant and equipment 7 Right-of-use assets 56 Financial assets 1 Deferred tax receivable 24 Current assets 197 Non-current lease liabilities -65 Non-current interest-bearing liabilities -1 Other non-current liabilities -1 Current lease liabilities -37 Current interest-bearing liabilities -49 Deferred tax liability -21 Other current liabilities -172 Total purchase consideration 360 Purchase price outstanding -34 Payment of deferred purchase price 34 Cash and cash equivalents in acquired companies -49 DECREASE IN GROUP CASH AND CASH EQUIVALENTS 310
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29Sweco AB (publ) Interim Report January–September 2026 Fair value of financial instruments The Group’s financial instruments consist of shares, trade receivables, other receivables, cash and cash equivalents, trade payables, forward exchange contracts, interest bearing liabilities, other liabilities and contingent considerations. Descriptions of each category and valuation techniques for the different levels are shown below and in the 2025 Annual Report, Note 31 Financial instrument per category. No transfers between any of the levels took place during the period. Forward exchange contracts are measured at fair value based on Level 2 inputs. As per 30 September 2026, forward con- tracts with a positive market value amounted to SEK 0 million compared with SEK 0 million as per 31 December 2025 and forward contracts with a negative market value amounted to SEK 0 million compared with SEK 0 million as per 31 Decem- ber 2025. Unlisted financial assets and contingent considerations are measured at fair value based on Level 3 inputs. The reconcili- ation between the opening and closing balances are presented in the table below. SEK M Financial investments Contingent liabilities Opening carrying amount as per January 2026 10 – Estimated liabilities, acquisition – 9 Foreign currency translation differences 0 – CLOSING CARRYING AMOUNT ON 30 SEPTEMBER 2026 10 9 Other financial assets and liabilities are measured at accrued amortised cost. Accrued amortised cost is considered a good approximation of fair value since the fixed interest period for all loans is less than one year. Contingent liabilities The Group’s contingent liabilities, mainly corporate guarantees and performance guarantees, amounted to SEK 1,516 mil- lion (1,446).
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30Sweco AB (publ) Interim Report January–September 2026 Condensed Parent Company income statement SEK M Jan–Sep 2026 Jan–Sep 2025 Full-year 2025 Net sales 1,064 970 1,302 Operating expenses -1,112 -1,039 -1,390 Operating loss -49 -69 -88 Net financial items 1,514 261 999 Profit/loss after net financial items 1,465 191 911 Appropriations – – -67 Profit/loss before tax 1,465 191 844 Tax -2 – -116 PROFIT/LOSS AFTER TAX1 1,463 191 728 1) Comprehensive income for the period corresponds to Profit/loss after tax. Condensed Parent Company balance sheet SEK M 30 Sep 2026 30 Sep 2025 31 Dec 2025 Total intangible assets 3 5 4 Total property, plant and equipment 106 102 94 Total financial assets 11,011 8,879 9,741 Total current assets 661 1,221 1,620 TOTAL ASSETS 11,780 10,206 11,458 Restricted equity 312 314 312 Non-restricted equity 3,738 2,974 3,521 Total equity 4,050 3,288 3,833 Untaxed reserves 994 927 994 Total non-current liabilities 1,965 2,017 1,473 Total current liabilities 4,770 3,975 5,158 Total liabilities 6,736 5,992 6,631 TOTAL EQUITY AND LIABILITIES 11,780 10,206 11,458
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31Sweco AB (publ) Interim Report January–September 2026 Alternative performance measures (APMs) Sweco follows the guidelines from European Securities and Markets Authority (ESMA) regarding Alternative Performance Measures (APMs). In brief, these are measures of historical or ongoing operating results and financial performance that are not specified or defined in the IFRS Accounting standards. The presentation of non-IFRS financial measures is limited as an analytical tool and should not be used as a substitute for key performance indicators pursuant to IFRS Accounting standards. Sweco believes that the APMs will enhance investors’ evaluation of our ongoing operating results, aid in fore- casting future periods and facilitate meaningful comparison of results between periods. The non-IFRS financial measures presented in this report may differ from similarly titled measures used by other companies. A complete list of all Sweco’s definitions can be found on our website: https://www.swecogroup.com/investor-relations/financial-information/definitions. Sweco’s main key financial metrics are EBITA and Net debt/EBITDA. EBITA and EBITDA EBITA is the Group’s key metric for operational performance at Group and Business Area level. Sweco’s EBITA measure is defined as Earnings Before Interest, Taxes and Acquisition- related items. Sweco’s EBITDA measure is defined as Earnings Before Interest, Taxes, Depreciation & Amortisation and Acquisition- related items. All leases are treated as operating leases and the total cost of the lease affects EBITA and EBITDA. Operating lease treatment follows IAS 17 (the standard for leases applicable through 31 December 2018). Reconciliation of EBIT and the APMs EBITA and EBITDA SEK M Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 Operating profit (EBIT) 752 643 2,433 2,254 3,382 3,203 Acquisition-related items 60 84 171 175 232 236 Lease expenses -288 -274 -858 -810 -1,143 -1,095 Depreciation and impairments, right-of-use assets 261 249 773 732 1,029 988 EBITA 786 702 2,519 2,352 3,499 3,332 Amortisation/depreciation and impairment, tangible and intangible fixed assets1 93 84 267 243 354 330 EBITDA 879 786 2,786 2,595 3,852 3,661 1) Includes tangible assets and intangible assets that are not acquisition-related. Acquisition-related items SEK M Jul–Sep 2026 Jul–Sep 2025 Jan–Sep 2026 Jan–Sep 2025 Oct 2025– Sep 2026 Full-year 2025 Amortisation of acquisition-related intangible assets -51 -48 -149 -112 -199 -162 Profit/loss on divestment of companies and operations 0 -30 0 -47 -1 -48 Profit/loss on real estate 0 – 4 1 4 1 Cost for received future service -9 -5 -28 -17 -38 -27 Other acquisition-related items 0 – 3 – 3 – ACQUISITION-RELATED ITEMS -60 -84 -171 -175 -232 -236 Net debt Net debt/EBITDA is Sweco’s key metric for financial strength. The definition remains essentially in line with the covenants defined in Sweco’s bank financing agreements. Net debt is defined as financial debt (comprised almost exclusively of interest-bearing bank debt) less cash and cash equivalents and short-term investments. Lease liabilities are excluded from Net debt. As with the calculation of EBITA, when calculating EBITDA all leases are assumed to comprise operating leases pursuant to IAS 17. SEK M 30 Sep 2026 30 Sep 2025 31 Dec 2025 Non-current interest-bearing liabilities 2,043 2,105 1,529 Current interest-bearing liabilities 1,751 1,669 1,335 Cash and cash equivalents -634 -651 -1,478 NET DEBT 3,160 3,124 1,386
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32Sweco AB (publ) Interim Report January–September 2026 Net sales growth The table below shows the calculation of organic growth excluding calendar effects – i.e., net sales growth adjusted for the impact of acquisitions and divestments as well as the effect of foreign currency fluctuations and calendar effects. July–September SEK M 2026 SEK M 2025 % 2026 % 2025 Total growth 468 359 7 5 (-) Currency effects 69 -156 1 -2 (-) Acquisition-related growth 232 211 3 3 Organic growth 167 304 2 4 (-) Calendar effects 13 0 0 0 Organic growth adj. for calendar effects 154 304 2 4 January–September SEK M 2026 SEK M 2025 % 2026 % 2025 Total growth 1,469 463 6 2 (-) Currency effects -182 -473 -1 -2 (-) Acquisition-related growth 1,060 303 5 1 Organic growth 590 633 3 3 (-) Calendar effects -1 -133 0 -1 Organic growth adj. for calendar effects 592 765 3 3 Forthcoming financial information Year-end report 2026 11 February 2027 Interim report January–March 27 April 2027 Interim report January–June 16 July 2027 Interim report January–September 28 October 2027 For further information, please contact: Jan Allde, CFO jan.allde@sweco.se Marcela Sylvander, CCO Phone +46 79 341 14 08 marcela.sylvander@sweco.se SWECO AB (publ) Org. nr. 556542-9841 Gjörwellsgatan 22, Box 34044, 100 26 Stockholm Phone: +46 8 695 60 00 Email: ir@sweco.se www.swecogroup.com