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Sweco Secures Major Contract for Munich S-Bahn Expansion

Story Highlights
  • Sweco specializes in sustainable transportation and engineering services across Europe.
  • Sweco will lead the expansion of Munich’s S-Bahn to double its capacity and efficiency.
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Sweco Secures Major Contract for Munich S-Bahn Expansion

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Sweco AB ( ($SE:SWEC.B) ) has provided an announcement.

Sweco has secured a multi-year contract with Deutsche Bahn to lead technical efforts in the expansion of Munich’s S-Bahn rail system. This project aims to double the system’s capacity and efficiency by adding a second line, constructing a new tunnel, and upgrading stations, which will significantly enhance connectivity and support sustainable urban growth in the region.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK169.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

More about Sweco AB

Sweco is a leading European consultancy specializing in transportation, architecture, and engineering services. With a team of 22,000 experts, the company focuses on sustainable community planning and design, digitalization, and enhancing community resilience. Sweco is listed on Nasdaq Stockholm and reported sales of approximately SEK 31 billion in 2024.

Average Trading Volume: 240,062

Current Market Cap: SEK59.05B

For detailed information about SWEC.B stock, go to TipRanks’ Stock Analysis page.

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