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Sweco AB ( ($SE:SWEC.B) ) just unveiled an announcement.
Sweco reported a stable second quarter with increased mergers and acquisitions activity, despite a slight decline in net sales and profit. The company announced several new acquisitions in the Netherlands, Luxembourg, and Sweden, adding over 900 experts to its team, which aligns with its strategy to drive profitable growth and strengthen its market position. Sweco’s project wins during the quarter highlight its role in societal and industrial transformation, with notable contracts in public transport, biofuel, and urban development.
The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK181.00 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 AB is Europe’s leading architecture and engineering consultancy, specializing in planning and designing sustainable communities and cities. With a workforce of 22,000 experts, the company focuses on facilitating the green transition, maximizing digitalization potential, and enhancing community resilience. Sweco is listed on Nasdaq Stockholm and generates sales of approximately SEK 31 billion (EUR 2.8 billion).
Average Trading Volume: 194,851
Current Market Cap: SEK59.88B
For detailed information about SWEC.B stock, go to TipRanks’ Stock Analysis page.