Sweco’s Annual Report 2016
Sweco’s Annual Report for 2016 has been published and is now available at www.swecogroup.com and in the attached file.
Sweco plans and designs the communities and cities of the future. Our work produces sustainable buildings, efficient infrastructure and access to electricity and clean water. With 14,500 employees in Europe, we offer our customers the right expertise for every situation. We carry out projects in 70 countries annually throughout the world. Sweco is Europe’s leading engineering and architecture consultancy, with sales of approximately SEK 16.0 billion (EUR 1.7 billion) (pro forma 2015). The company is listed on Nasdaq Stockholm.
Sweco’s Annual Report for 2016 has been published and is now available at www.swecogroup.com and in the attached file.
Sweco AB will on 24 March 2017 publish the content of the notice of the Annual General Meeting in the Official Gazette (Post- och Inrikes Tidningar) and on the company’s website. A note that the notice has been issued will at the same time be published in Svenska Dagbladet. The Annual General Meeting will be held on 27 April 2017, at 3 p.m. CET at Näringslivets Hus, Storgatan 19, in Stockholm. Notification Holders of shares registered in their own name in the share register maintained by Euroclear Sweden AB by Friday, 21 April 2017, and who have notified the company of their
Sweco has signed new consultant service agreements for the Odra-Vistula Flood Management project. These represent Sweco’s third and fourth contracts under the scheme and have an aggregate value of PLN 24 million (approximately SEK 53 million or EUR 5.5 million).The Odra-Vistula Flood Management project, co-financed by the World Bank, is designed to improve flood protection for the area’s residents. The agreements were signed with the West Pomeranian Board for Amelioration and Water Structures in Szczecin and the Lubuski Board for Amelioration and Water Structures in Zielona Gora. “The
Sweco’s Nomination Committee proposes to the 2017 annual general meeting that the Board of Directors consists of eight members. The Nomination Committee proposes the election of Elaine Weidman Grunewald as a new member. The Nomination Committee also proposes the re-election of Anders G Carlberg, Tomas Carlsson, Gunnel Duveblad, Johan Hjertonsson, Eva Lindqvist, Johan Nordström and Christine Wolf. Further, the Nomination Committee proposes re-election of Johan Nordström as Chairman of the Board of Directors. Carola Teir-Lehtinen has declined re-election.Elaine Weidman Grunewald, born in
Sweco is participating in the feasibility study investigating various technical solutions for the potential Helsinki-Tallinn tunnel. The study is being conducted as a joint venture between Sweco, Amberg Engineering and WSP.The Helsinki-Tallinn tunnel project is advancing to the next phase: a feasibility study focused on preparing an implementation plan to support the project’s decision-making process. This study is a continuation of the pre-feasibility study conducted by Sweco in 2015, which resolved various aspects of project execution, traffic structure and potential socioeconomic impact.
The strongest quarter to date concludes a record yearOctober – December 2016 · Net sales increased to SEK 4,421 million (4,350), acquired growth was 1 per cent · EBITA excluding extraordinary items increased to SEK 478 million (390), margin 10.8 per cent (9.0) · EBITA increased to SEK 395 million (200), margin 8.9 per cent (4.6) · EBIT increased to SEK 378 million (179), margin 8.6 per cent (4.1) · Profit after tax increased to SEK 276 million (86), corresponding to SEK 2.30 per share (0.75) January – December 2016 · Net sales increased to SEK 16,
Sweco is acquiring the business of Karves Yhtiöt Ltd and the total share capital of its subsidiaries Karves Suunnittelu Ltd and Karves Energia & Valvonta Ltd. These Finnish companies have more than 50 employees specialising in design and expert renovation services, as well as energy efficiency and life cycle services for housing companies. Sweco is thereby further strengthening its offering and presence in the Finnish market.“The acquisition of Karves Companies is an exciting and logical step towards strengthening our position as the leading engineering and architecture consultancy in
Sweco has been commissioned to provide design services for a new building (“House G”) at Klinikum Stuttgart. The building will house the latest cancer therapy and nuclear medicine technologies.Ina Brandes, President of Sweco Central Europe, says: “Sweco’s architects face a variety of complexity in this major project. The new building needs to be connected to adjacent buildings while clinical operations are underway. Some areas of these buildings are extremely sensitive to any kind of disturbances such as noise or vibrations. Our architects’ recognised expertise in medical building planning
Sweco has partnered with BAM Nuttall, which was appointed to the British Antarctic Survey (BAS) Construction Partner framework, to provide design and construction services for the modernisation of research facilities in the Antarctic.“The modernisation work within this project will require a diverse range of skills, including civil and structural engineering, building services, in the energy and environment sectors. We are very happy that Sweco has been chosen as a partner in this project, reinforcing our position as the European leader”, says Tomas Carlsson, president and CEO of Sweco.
Dariush Rezai has been appointed new President of Sweco Denmark, succeeding John Chubb.- With Dariush Rezai, Sweco Denmark gets a leader with long experience and extensive knowledge of the Danish market. He has a strong track record when it comes to achieving results and developing organizations. I would also like to thank John Chubb for his accomplishments in improving the Danish business and thus laying the foundation for continued success, says Tomas Carlsson, president and CEO of Sweco. Dariush Rezai starts in his role as President of Sweco Denmark by 1 April 2017 at the latest. He
Sweco has been commissioned by BillerudKorsnäs for construction management of a new board manufacturing machine at the Gruvön production plant and structural design for reconstruction of the existing pulp mill.The project is being carried out in view of the increased global demand for sustainable food and beverage packaging solutions. The end result will be a packaging facility that contributes to reducing fossil dependency, climate impact and littering while improving food security. ”The ability to package products in a way that minimises climate impact is a key issue for the future.
Sweco has signed two new contracts – one with the Regional Water Management Authority in Wrocław and one with the Regional Water Management Authority in Szczecin – to provide consulting services for the Odra-Vistula Flood Management Project - component 5.4. The project, which is being co-financed by the World Bank, aims to improve flood protection for people living in the area.“Ensuring and improving flood protection is one of the most important factors in securing the sustainable social and economic development of a region or country. Being selected for these projects in Poland is a
Strong performance and integration ahead of plan July – September 2016 · Net sales increased to SEK 3,723 million (2,024), acquired growth was 77 per cent · EBITA excluding extraordinary items increased to SEK 266 million (139), margin 7.2 per cent (6.9) · EBITA increased to SEK 252 million (109), margin 6.8 per cent (5.4) · EBIT increased to SEK 228 million (94), margin 6.1 per cent (4.7) · Profit after tax increased to SEK 166 million (61), corresponding to SEK 1.38 per share (0.61) January – September 2016 · Net sales increased to SEK
Sweco is acquiring Jo. Franzke, a renowned German architectural firm with 40 employees, thereby further strengthening its offering and presence in the German market.“With recognised architectural expertise within commercial buildings, residential housing and urban planning, Jo. Franzke is an excellent complement to Sweco’s German operations. Sweco plans and designs the communities and cities of the future, and architecture is a cornerstone of this work. This is Sweco’s second acquisition in Germany this year and we plan to keep growing,” says Ina Brandes, President of Sweco Central Europe.
Sweco has been commissioned for an extensive project by Region Gävleborg, to prepare documentation for the preliminary and design phases of the renovation of Gävle Hospital in Sweden. The overall result will be a hospital that meets today’s high standards for pleasant environments, modern technology and patient security.“We will create the best possible conditions here for healthcare of the future. Sweco will play a major role in the transformation of the hospital. Sweco’s knowledge bank and extensive experience in designing modern hospitals will be highly significant,” says Helena Ribacke,
Eugene Grüter has been appointed new President of Sweco Netherlands, succeeding Ton de Jong. ”With Eugene Grüter, Sweco Netherlands is getting an experienced leader who can build strong relationships with customers and employees. He has a solid track-record in achieving results and transforming organisations,” says Tomas Carlsson, President and CEO at Sweco. Eugene Grüter will take on his role as President of Sweco Netherlands effective 1 September 2016. He has broad, top-level executive experience from the consulting engineering and construction industries, having served on the
Sweco has been commissioned by Flemish waterway company Waterwegen en Zeekanaal NV to design and project manage transport route improvements on the Flemish part of the Seine-Scheldt project. The project is valued at approximately EUR 5 million.”The regions surrounding the Seine and Scheldt are key European industrial hubs. With Sweco’s broad-based expertise in waterways and ports, we will create conditions for more efficient freight transport along both rivers,” says Erwin Malcorps, Managing Director of Sweco Belgium. The project is part of an EU-initiative to link the two regions
Strongest quarterly profit so farApril – June 2016 · Net sales increased to SEK 4,370 million (2,549), acquired growth was 66 per cent · EBITA excluding extraordinary costs increased to SEK 474 million (233), margin 10.8 per cent (9.1) · EBITA increased to SEK 462 million (204), margin 10.6 per cent (8.0) · EBIT increased to SEK 438 million (191), margin 10.0 per cent (7.5) · Profit after tax increased to SEK 342 million (132), corresponding to SEK 2.85 per share (1.39) January – June 2016 · Net sales increased to SEK 8,
Sweco has been commissioned by Transport Scotland to carry out route option assessment and detailed design work for the upgrade of the A96 road in Scotland. These improvements will lead to reduced journey time and better road safety. With an order value of approximately GBP 25 million, it is Sweco’s largest transportation project in the UK to date.- Our focus will be to secure our customer’s demand for in-depth planning and design that will provide better journey time reliability and road safety for all users, says Max Joy, Managing Director of Sweco UK. Under the project, Sweco will
As part of Poland’s ambition to decrease the amount of waste that goes to landfills, Sweco has been commissioned to design a waste-to-energy plant. The plant, that will be located in Warsaw, will be the largest one in Poland and will contribute to the region’s electricity supply. The customer is the municipal waste treatment agency Miejskie Przedsiębiorstwo Oczyszczania. The assignment is valued at about EUR 3.5 million.“The effective and clean combustion of waste serves an increasingly important function in Poland, both for the country’s electricity supply and in reducing the share of
Sweco has, according to previously disclosed information, conducted a new share issue of a total of 900,000 shares of class C. Under the Articles of Association, the Board also converted 888,989 class C shares into class B shares and reduced the share capital for repayment to the shareholders by redemption of 11,011 class C shares. The new share issue, conversion and redemption of shares has resulted in that the share capital and number of shares and votes in Sweco has changed. After the events described above, the number of shares in Sweco amounts to 121,983,819, of which 10,533,731
Strong result through synergies and increased billing ratioJanuary – March 2016 · Net sales increased to SEK 4,018 million (2,465), acquired growth was 64 per cent · EBITA excluding extraordinary costs increased to SEK 263 million (229), margin 6.6 per cent (9.3) · EBITA remained unchanged at SEK 228 million (228), margin 5.7 per cent (9.3) · EBIT decreased to SEK 205 million (216), margin 5.1 per cent (8.8) · Profit after tax decreased to SEK 148 million (160), corresponding to SEK 1.24 per share (1.70) · Net debt increased to SEK 2,033 million (1,252) · Net debt/
The Annual General Meeting of Sweco AB (publ) resolved on 14 April 2016 to authorize the Company’s board to decide on the repurchase of the company’s own class C shares in order to secure the company’s obligations in connection with the Share Bonus Scheme 2016 resolved upon by the Annual General Meeting. Today, the Company’s board has decided to utilize the authorization for this purpose. Repurchase of class C shares will be made by an offer directed to the holder of all the outstanding 900,000 class C shares, not later than 31 May 2016, at a price of SEK 1.00 per share. The Company