tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sweco Secures Contract for Major Reservoir Project in Poland

Story Highlights
Sweco Secures Contract for Major Reservoir Project in Poland

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Sweco AB ( ($SE:SWEC.B) ) has shared an announcement.

Sweco has been awarded a contract by State Water Holding Polish Waters to design a new reservoir in Poland, aimed at enhancing climate resilience in water management following severe flooding caused by Storm Boris. The Kamieniec Ząbkowicki reservoir, with a capacity of 104 million m³, is part of a government initiative to bolster infrastructure against extreme weather, with Sweco’s order valued at EUR 14.6 million.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK167.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

More about Sweco AB

Sweco is Europe’s leading architecture and engineering consultancy, focusing on sustainable community and city planning. With a team of 22,000 experts, the company aids in the green transition, digitalization, and resilience strengthening, generating sales of approximately EUR 2.7 billion in 2024. Sweco is listed on Nasdaq Stockholm.

Average Trading Volume: 223,144

Technical Sentiment Signal: Hold

Current Market Cap: SEK55.32B

For detailed information about SWEC.B stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1