Sweco AB (LTS:0H0G)
kr 173.65 2.1 (1.22%) Market Cap: 63.13 Bil Enterprise Value: 69.43 Bil PE Ratio: 35.26 PB Ratio: 5.79 GF Score: 88/100

Q2 2020 Sweco AB (publ) Earnings Call Transcript

Jul 16, 2020 / 11:00AM GMT
Release Date Price: kr165.25 (+4.43%)
Katarina GrÃ;nwall;publ;Chief Communications Officer
Sweco AB

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Hello, everyone. Welcome to Sweco, and welcome to the report for the second quarter for the Sweco Group. Today, we have Ãsa Bergman, our President and CEO; and Olof StÃ¥lnacke, our CFO, who will present our report.

Please go ahead, Ãsa.

Ãsa Bergman;publ;President
Sweco AB;CEO & Director

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Thank you, Katarina. Welcome, everyone, to Sweco's Q2 presentation. I would like to start out by giving you a quick recap of our company. Sweco is Europe's leading engineering and architectural consultancy with focus on 8 core markets in Europe and with projects in more than 70 countries worldwide. Despite COVID-19, we have been able to increase the number of employees from 17,000 to 17,500. Looking at financials, our net sales on rolling 12 exceeds SEK 21.5 billion with an EBITA margin of 9.5%.

Let us now move into the result of the second quarter. As we summarized the first half of this year, I

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