Engineering consultancy Sweco has released its second-quarter 2026 results, showing solid growth and improved profit margins. In a statement released on 16 July, the company announced revenue of SEK 9.9 billion, up by 7.2% compared to Q2 2025. This represents a notable increase in revenue despite the challenging economic conditions in Europe.
The operating margin, a key indicator of profitability, also rose to 8.5% from 7.8% in Q2 2025. This improvement is likely to be welcomed by investors, who have been closely watching Sweco's performance in recent months.
The company's results have been driven by a strong performance in its UK business, with revenue growth of 9.5% year-on-year. Sweco's UK operations have been expanding its presence in the country, with a number of high-profile projects in the infrastructure and construction sectors.
Sweco's shares have responded positively to the earnings announcement, rising by 4.2% on the Stockholm stock exchange. The company's shares have been trading in a tight range over the past few weeks, and the improvement in profitability has provided a welcome boost to investor sentiment.
The FTSE 100 index has been influenced by the strong performance of Sweco's shares, with the index rising by 0.8% in early trading on 17 July. While Sweco's results are unlikely to have a significant impact on the overall direction of the FTSE 100, the strong performance of its shares is likely to be welcomed by investors in the sector.