Sweco jumps to top of STOXX on Q1 EBITA beat
** Shares of Sweco SWECb.ST rise about 13% after the Swedish engineering and architecture consultancy company's Q1 core earnings beat expectations
** Q1 EBITA came in at SEK 793 million ($74.27 million), 6% above consensus according Kepler Cheuvreux' note posted on Swedbank Aktiellt
** The improved results were driven by positive momentum in pricing, and strong demand within green transition in energy, transportation, industry and urban development, Sweco said in a statement
** Kepler notes Sweco's strong operational improvements since Q4, and says restructuring measures taken in the UK and Finland have also produced positive results
** The Sweco stock sits at the top of the pan-European STOXX 600 index .STOXX and, if gains hold, will see its best day since February 2023
($1 = 10.6774 Swedish crowns)
Reporting by Elsa Ohlen
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