Sweco Finland Q1 2025: Slightly improved results and project wins in growth areas

Sweco Finland's net sales for the first quarter were EUR 82.3 million. EBITA was EUR 7.4 million and the EBITA margin was 9 per cent. The first quarter of the year had one working day less than in the corresponding period of the year before. Adjusted for the calendar, Sweco Finland's net sales and profit were slightly better than in the corresponding period last year.

"In general, the building construction and industrial market in Finland has recovered moderately in the beginning of the year. However, there are active growth areas in the market, such as data centers and the defense industry, where projects are moving forward. In the beginning of the year, we also received positive news related to rail projects," says Thomas Hietto, CEO of Sweco Finland.

During the first quarter, Sweco Finland won and completed several significant projects.

Sweco was selected as a partner in the Rail Baltica alliance in Estonia. The project alliance is responsible for the design and construction of the first part of the Estonian section of Rail Baltica between Tallinn and Pärnu. Rail Baltica is a joint transport project of the Baltic States, the aim of which is to create a new high-speed rail connection from Tallinn via the Baltic countries to Poland. In Estonia, the project involves the construction of a total of 213 kilometres of completely new European gauge tracks, which are expected to be completed by 2030. The alliance agreement will be finalised and signed at the end of the procurement process and the appeal period.

As global climate and biodiversity challenges become more intense, the Nordic Council of Ministers has asked Sweco for ways to strengthen the circular economy, prevent waste generation and increase the reuse of municipal waste in the Nordic countries. In its recent report, Sweco recommends that the governments of Sweden, Denmark, Norway, Finland and Iceland, as well as the Faroe Islands, Greenland and Åland, implement more systematic strategies to prevent waste in order to achieve regional and national sustainability goals.

"Sweco's strengths are diverse expertise, an international network and a business model in which we are close to our customers in all our operating countries. This enables us to succeed in the multidisciplinary projects like the ones mentioned," says Thomas Hietto.