Sweco Reports Strong 2025 Results, Increased M&A

Sweco, Europe's leading architecture and engineering consultancy, released its Q4 and full-year 2025 report, showcasing a strong performance. Net sales grew 6% in Q4 to SEK 8.5 billion, and EBITA increased 7% to SEK 979 million, adjusted for calendar effects. For the full year, Sweco achieved stable organic growth, improved margins, and significantly accelerated its M&A activity with 13 acquisitions, adding SEK 2.1 billion in annual net sales and over 1,500 experts. Key acquisitions in Q4 included Fimpec Group, assar architects, MuConsult, and VHGM. The Board of Directors proposed a dividend of SEK 3.70 per share. The company also secured new projects, including a long-term collaboration with Vattenfall and a district heat planning project for Sibelga. Sweco Germany & Central Europe and Belgium were major contributors to EBITA improvement, while Sweco Sweden faced integration costs from Projektengagemang. Sweco is well-positioned for 2026, focusing on business opportunities in Europe's competitiveness and resilience, continued M&A, and operational excellence.