EL7.AI
StocksMedium•29 October 2026•
2 min read

Sweco’s EBITA margin rises to 10.3% as operating profit grows 10%

Key Facts

1EBITA rose to 786 million Swedish kronor from 702 million, and the margin climbed to 10.3% from 9.8% in the third quarter.
2EBITA growth adjusted for working days was 10% year on year.
3Profit for the period increased to 521 million Swedish kronor from 424 million, and earnings per share rose to 1.44 kronor from 1.18 kronor.
4Sweco completed 4 acquisitions during the third quarter of 2026.

Sweco reported that earnings before interest, taxes, depreciation and amortization (EBITA) rose to 786 million Swedish kronor in the third quarter of 2026, from 702 million kronor in the same period a year earlier, according to its report published via PR Newswire. The EBITA margin climbed to 10.3% from 9.8%. The company said operating profit increased 10% year on year after adjusting for the effect of the quarter’s additional days. By contrast, calendar-adjusted organic growth was 2%, showing that profitability improved faster than underlying business growth. Sweco described the results as its strongest third quarter to date.

Management attributed the improvement in EBITA primarily to a higher billing ratio and average fees, both of which increased returns from hours worked. The company said demand remained resilient in energy, water, environment and transport infrastructure. Demand for public and commercial buildings also improved, supported by investment in hospitals, security and defense, and data centers. The housing sector remained weak, in contrast with demand in infrastructure-related and public-service sectors. The company said Sweden, Norway and Finland were the main contributors to the improvement in EBITA.

The improvement extended to net profit, with profit for the period rising to 521 million Swedish kronor from 424 million in the year-earlier quarter. Earnings per share increased to 1.44 kronor from 1.18 kronor. The increase came alongside a wider EBITA margin, reflecting improved operating profitability during the quarter. For the first nine months of 2026, the company recorded net sales of 24,508 million Swedish kronor, compared with 23,038 million. EBITA for the period was 2,519 million kronor, compared with 2,352 million, while the margin reached 10.3% versus 10.2%.

Sweco continued to expand its business through acquisitions, completing the purchase of 4 companies during the quarter. The deals included Stein Ingenieure, a water specialist in Germany, and Sitowise Sweden in Sweden, along with two companies in Belgium. These transactions add businesses and expertise to the group across several European markets, according to the company’s report. Management listed employee growth and acquisitions among its upcoming priorities. This comes alongside expectations that working hours will increase by 7 hours in 2026 compared with 2025, then rise by 11 hours in 2027 compared with 2026.