Sweco CEO resigns as Handelsbanken raises target for Sweco stock

Published on 10/05/2026 at 16:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 sales rose 9.36 percent to SEK 8.57 billion. Sweco stock costs EUR 11.42 on October 5, 2026 after EUR 11.31, plus 0.97 percent.

Schwarzweiß-Reportagefoto von Ingenieuren auf einer städtischen Infrastruktur-Baustelle — Sweco AB (ISIN SE0000164626) dokumentiert schwarzweiß Bauingenieure bei der Arbeit auf einer städtischen Infrastruktur-Großbaustelle, Illustration mit AI erstellt.

Sweco (SE0014960373) is facing a leadership transition after Åsa Bergman announced her resignation on October 2, 2026, while Handelsbanken raised its target from SEK 143 to SEK 150 and upgraded the stock to Buy on September 23. The Lang & Schwarz quote was EUR 11.42 on October 5, 2026 at 4:04 p.m. CEST, up 0.97 percent versus the prior close of EUR 11.31.

CEO search begins after 35 years

According to Cision on October 2, 2026, Bergman will leave Sweco after 35 years with the company and nearly nine years as President and CEO. She will remain in the role until a successor is appointed, giving the board time to run a formal recruitment process.

The change comes as Sweco enters the final weeks before its third-quarter report, scheduled for October 29, 2026, according to MarketScreener. For investors, continuity in execution matters because the latest quarterly figures show both growth and margin improvement.

Second-quarter margins improved

In the second quarter of 2026, net sales reached SEK 8.57 billion versus SEK 7.83 billion a year earlier, an increase of 9.36 percent, according to Skirner. EBITA rose to SEK 864 million from SEK 750 million, while the EBITA margin increased to 10.10 percent from 9.60 percent.

For the first half of 2026, net sales totaled SEK 16.90 billion against SEK 15.90 billion in the prior-year period, a gain of 6.29 percent. First-half EBITA was SEK 1.73 billion versus SEK 1.65 billion, while profit for the quarter reached SEK 601 million compared with SEK 495 million a year earlier.

Water projects add operational detail

On October 5, 2026, Placera reported that Sweco will lead commissioning of the first of three large air-to-water heat pumps in Aarhus, Denmark. The Harlev facility is designed for 40 MW and could cover annual consumption for 10,000 households, with construction planned for summer 2027.

Market data put Sweco's primary-exchange 52-week range at SEK 122.00 to SEK 179.80 on October 5, 2026, with market capitalization of SEK 46.6 billion. The separate Nasdaq Stockholm quote was SEK 129.10 at 4:13 p.m. CEST, keeping the euro reference price and the Swedish-market context distinct.

Leadership is the next valuation test

Handelsbanken's SEK 150 target is 4.90 percent above its former SEK 143 target, while the latest operating figures show EBITA rising 15.20 percent year over year in the second quarter of 2026. That combination leaves the succession process as the central near-term governance issue alongside the October 29 reporting date.

At Lang & Schwarz, Sweco was trading at EUR 11.42 on October 5, 2026 at 4:04 p.m. CEST, plus 0.97 percent versus the prior close of EUR 11.31. The further course of trading is shown by the continuously updated real-time quote of Sweco stock.