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Interim report January – March 2025 Sweco AB (publ)

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STOCKHOLM, April 29, 2025 /PRNewswire/ — Sweco (NASDAQ: SWEC-B) reports a solid first quarter, with stable growth and continued margin improvement. Net sales grew 4 per cent and EBITA increased 10 per cent, adjusted for calendar effects. The EBITA margin increased to 11.2 per cent. Overall demand remained consistent with previous quarters, with good demand within energy, water, infrastructure, security and defence. Europe’s green transition continues to drive demand for Sweco’s services.

January–March 2025

Net sales increased to SEK 8,066 million (7,720)EBITA increased to SEK 900 million (793), margin 11.2 per cent (10.3)EBITA increased 10 per cent year-on-year after adjustment for the positive calendar effect in the quarterEBIT increased to SEK 891 million (778), margin 11.0 per cent (10.1)Net debt/EBITDA decreased to 0.5x (1.1)Net debt decreased to SEK 1,607 million (3,118)Profit for the period increased to SEK 644 million (558) Earnings per share increased to SEK 1.79 (1.55) and diluted earnings per share increased to SEK 1.78 (1.55)

Comments from President and CEO Åsa Bergman:

“A solid start to the year”
Sweco reports a solid first quarter, with stable growth and continued margin improvement. Net sales grew 4 per cent and EBITA increased 10 per cent, adjusted for calendar effects. The EBITA margin increased to 11.2 per cent.

We have sustained our positive operational trend with continued price increases, a higher billing ratio and cost control measures. 

With some variation between geographies, the overall demand remained consistent with previous quarters, with good demand within energy, water, infrastructure, security and defence. However, demand remained weaker in parts of the buildings and industry segments. We noted a healthy order inflow and an order backlog growing in line with sales.

Financial performance
Net sales increased to SEK 8,066 million (7,720) and EBITA increased to SEK 900 million (793), corresponding to an EBITA margin of 11.2 per cent. Adjusted for the positive calendar effect of SEK 27 million in the quarter, EBITA increased 10 per cent. The organic growth rate was 4 per cent. The EBITA improvement was mainly driven by higher average fees and a higher billing ratio, while a negative effect arose from higher personnel expenses. 

Six out of eight business areas reported an improved EBITA adjusted for calendar effects. Sweco Denmark and Belgium continued to perform well with solid growth and strong margins. The Netherlands delivered the greatest improvement, driven by higher average fees. Sweden, Finland and Norway reported stable quarters in a mixed market and are introducing additional efficiency improvement measures. Sweco UK continues to improve its performance, while Germany & Central Europe performed in line with last year.

New projects and acquisitions 
The green transition of European industries and energy systems continues to drive demand for Sweco’s services. In the quarter, Sweco won a SEK 580 million five-year contract to support the expansion of the electricity grid in Eastern Denmark as part of the country’s climate agenda. We were also commissioned by Swedish metals and mining company Boliden, to undertake a project to replace one of its oil-fired boilers with two electric steam boilers, thereby supporting the company’s efforts to transition to fossil-free copper production.

We are experiencing continued good demand in transportation services, driven by investments in infrastructure and sustainable transport. In the Baltics, Sweco will be part of a project alliance to design and construct the first phase of a high-speed rail link connecting the Baltic States with the rest of Europe. 

We are also proud to have been chosen as the project manager for the new Oslo Spektrum Arena in Norway. This project aims to establish Oslo as the leading event capital in the Nordics. The expansion of the existing arena will include a new convention centre, cultural stage, city hall, and over 1,000 office spaces. 

Acquisitions are a key growth driver for Sweco, and we aim to increase the pace of acquisitions throughout the year. As previously communicated, we made one acquisition in the first quarter, Finnish Sipti Consulting with some 50 experts. This will strengthen Sweco’s position in geotechnical and environmental services. 

Priorities going forward
We continue to execute on the priorities communicated over the past quarters, delivering solid growth and improved profitability. The stable performance and the results from the first quarter prove the strength of Sweco’s well-diversified business and operating model. In light of the recent global political turbulence, these strengths enables us to maintain close relationships with our clients and be ready to act on opportunities and mitigate challenges. The underlying trends supporting Sweco’s business remain strong, and we are well-positioned in emerging growth areas as European countries are investing in a safer, greener and more competitive future.”

Information meeting
A web cast and telephone conference will be held following the release of the results, starting at 09:00 CET.  Åsa Bergman, President and CEO, and Olof Stålnacke, CFO will comment on the report.

Webcast registration: Click here Conference call registration: Click here

Slides used in the presentation and the report will be available at the Group’s web site. 

Press photo
Åsa Bergman, President and CEO of Sweco, free use. Please credit photographer: Tobias Regell.

This disclosure contains information that SWECO is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 29-04-2025 07:20 CET.

For additional information, please contact:
Anna E Olsson, Head of Press, Sweco Group, +4670 557 33 26, anna.e.olsson@sweco.se 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sweco/r/interim-report-january—march-2025-sweco-ab–publ-,c4142114

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Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong’s Mobile Wholesalers with Global Buyers

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HONG KONG, Oct. 18, 2026 /PRNewswire/ — Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026.

Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab2B was created to bridge this gap, bringing Hong Kong-based mobile and digital product wholesalers together on one dedicated B2B platform. Headquartered in Hong Kong, Crab2B combines the manufacturing strength of mainland China and the Greater Bay Area’s extensive supply chain capabilities with Hong Kong’s established global trading network. Together, these strengths enable Crab2B to simplify cross-border sourcing, connect buyers directly with suppliers and make international trade more accessible and efficient.

For its first appearance at a major industry trade show, Crab2B is bringing together more than 200 merchants already registered on the platform, marking a significant milestone in its development. The Crab2B booth is expected to attract electronics traders from Southeast Asia, Europe, the Middle East and beyond. Visitors will be able to discover the app’s capabilities through live demonstrations, register on the platform and connect directly with participating merchants to explore business opportunities.

A buyer who experienced the Crab2B app shared: “With Crab2B, we no longer have to search far and wide for reliable suppliers. The platform brings Hong Kong’s mobile phone wholesalers together in one place, giving us greater visibility into available products and sourcing opportunities. Whether I’m at my desk or on the move, I can find products and connect with suppliers whenever I need to. For businesses like ours that source across borders, that kind of access makes a real difference. It saves time, reduces transaction costs and helps us do business more efficiently.”

Crab2B CEO Luo Yaohong said, “We want to be pioneers in cross-border B2B trading for digital products, creating new opportunities for Hong Kong’s wholesale industry. As Hong Kong places greater emphasis on developing digital trade, we’re addressing a longstanding gap in the market with a dedicated digital platform that connects Hong Kong’s electronics suppliers directly with buyers around the world. Our ambition is to make cross-border trading easier, faster and more accessible, while helping Hong Kong businesses reach new markets.”

The platform’s trade show debut is also attracting attention from international merchants, with exhibitors expressing interest in joining Crab2B to expand their reach into overseas markets. Meanwhile, merchants already registered on the platform are looking forward to the launch of its planned online marketplace, which will create further opportunities for sustained collaboration and business growth.

Building on this debut, Crab2B will remain firmly rooted in Hong Kong while expanding its connections with businesses around the world. The company will continue to enhance its platform with smarter sourcing tools, more comprehensive trading capabilities and an increasingly connected network of suppliers and buyers. By making it easier to discover products, establish business relationships and conduct cross-border transactions, Crab2B aims to open new opportunities for merchants of all sizes and help shape the next chapter of Hong Kong’s digital trade industry.

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SOURCE Crab2B

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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SOURCE Canton Fair

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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