Year-end report 2005

SWECO reports best-ever profit

- Operating profit grew by 30 per cent to SEK 271.6 (208.6) million - Operating margin was 8.1 per cent (6.6) - Net sales were up 7 per cent to SEK 3,372 (3,141) million - Profit before tax totalled SEK 351.2 (222.3) million - Profit after tax reached SEK 274.1 (163.8) million, equal to SEK 15.88 (9.42) per share - The Board proposes: · a regular dividend of 5.50 SEK (4.00) · share redemption corresponding to SEK 10 per share The proposed dividend and redemption amount come to a total of SEK 265 million. Comments from the CEO, Wigon Thuresson: “SWECO achieved its best year ever in 2005, an outstanding performance driven by continued success in the market, an effective business model and a lean and efficient organisation.“ “We have strengthened our position in the Nordic home markets. Parallel to this, we have continued our expansion in the growth markets in Eastern Europe where we have won a number of high-profile contracts in the areas of water and environment, infrastructure and architecture.“ “SWECO’s solid financial position gives us scope for active participation in ongoing restructuring of the industry. We now have eight companies in eight different countries.“ ”In view of our strong position and robust demand for the majority of SWECO’s services, the outlook for 2006 remains bright.”