Sandvik AB

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sandvik AB engages in the development, manufacture, and sale of tools, equipment, and tooling systems for the mining and construction industries. It operates through Sandvik Machining Solutions and Sandvik Manufacturing Solutions segments. The Sandvik Machining Solutions segment offers tools, tooling systems, software, and services that optimize machining operations such as turning, milling and drilling as well as tool management solutions. The Sandvik Manufacturing Solutions segment refers to digital manufacturing and software solutions for design and planning automation and industrial metrology. The company was founded by Göran Fredrik Göransson in 1862 and is headquartered in Stockholm, Sweden.

Sandvik AB (publ) (SDVKF) Q1 2023 Earnings Call Transcript.

Sandvik AB (publ) (SDVKF) Q1 2023 Earnings Call Transcript

CONTINUED ROBUST PERFORMANCE WITH 18% REVENUE GROWTH.

Interim report first quarter 2023: Sandvik

STOCKHOLM, April 4, 2023 /PRNewswire/ -- Sandvik will publish its first quarter results on Friday, April 21, 2023 at approximately 11:30 AM CEST. A combined webcast and conference call for investors, analysts and financial media will be held at 13:00 PM CEST.

Invitation - presentation of Sandvik's report of the first quarter 2023

STOCKHOLM , March 10, 2023 /PRNewswire/ -- The Sandvik AB Annual Report 2022 is from today available on the company website: https://www.annualreport.sandvik/en/2022 The Annual Report has been printed in a limited edition and will be distributed to shareholders that have ordered the report. The Annual Report is available, and can be ordered, at home.sandvik/investors.

Sandvik AB Annual Report 2022

STOCKHOLM , March 10, 2023 /PRNewswire/ -- Sandvik has decided to invest in a new production unit in Malaysia for manufacturing underground loaders and trucks. Equipment production is planned to begin in the fourth quarter of 2023 following factory upgrades and other site improvements.

Sandvik invests in new load and haul factory in Malaysia to support growing mining BEV market

STOCKHOLM , Jan. 26, 2023 /PRNewswire/ -- The Nomination Committee of Sandvik AB proposes the re-election of the Board members Jennifer Allerton, Claes Boustedt, Marika Fredriksson, Johan Molin, Andreas Nordbrandt, Helena Stjernholm, Stefan Widing and Kai Wärn. Johan Molin is proposed to be re-elected Chairman of the Board.

Sandvik AB - Nomination Committee's proposal for Board of Directors for the 2023 Annual General Meeting

Sandvik AB (OTCPK:SDVKF) Q4 2022 Earnings Conference Call January 20, 2023 4:00 AM ET Company Participants Louise Tjeder - Head, IR & VP Stefan Widing - President, CEO, President, Sandvik Manufacturing & Cecilia Felton - EVP & Chief Financial Officer, Machining Solutions and Director Conference Call Participants Gustaf Schwerin - Handelsbanken Klas Bergelind - Citi Daniela Costa - Goldman Sachs Group Lars Brorson - Barclays Bank Andrew Wilson - JPMorgan Chase & Co Sebastian Kuenne - RBC Capital Markets Andre Kukhnin - Crédit Suisse Max Yates - Morgan Stanley Louise Tjeder Good morning, everyone, and welcome to Sandvik's presentation of the Fourth Quarter and Full Year Results 2022. I am Louise Tjeder, Head of Investor Relations here at Sandvik.

Sandvik AB (SDVKF) Q4 2022 Earnings Call Transcript

STOCKHOLM , Jan. 20, 2023 /PRNewswire/ -- Fourth quarter 2022 REVENUE GROWTH OF 11% AND RECORD PROFIT QUARTER Continuing operations Order intake SEK 30,751 million (26,772) Order intake growth, at fixed exchange rates 3% Revenues SEK 31,094 million (25,311) Revenue growth, at fixed exchange rates 11% Adjusted EBITA SEK 6,413 million (5,043) Adjusted EBITA margin 20.6% (19.9) Adjusted EBIT SEK 5,977 million (4,798) Adjusted EBIT margin 19.2% (19.0) Adjusted profit before tax SEK 5,587 million (4,775) Profit for the period SEK 3,435 million (3,436) Adjusted profit for the period SEK 4,041 million (3,464) Earnings per share, diluted SEK 2.73 (2.73) Adjusted earnings per share, diluted SEK 3.22 (2.75) Free operating cash flow SEK 6,226 million (4,474) Proposed dividend per share 5.00 SEK (4.75)

Sandvik Interim report fourth quarter 2022

STOCKHOLM , Jan. 4, 2023 /PRNewswire/ -- Sandvik will publish its fourth quarter results on Friday, January 20, 2023 at approximately 08:00 AM CET. A combined webcast and conference call for investors, analysts and financial media will be held at 10:00 AM CET.

Invitation - presentation of Sandvik's report of the fourth quarter 2022

Sandvik AB (publ) (OTCPK:SDVKF) Q3 2022 Earnings Conference Call October 17, 2021 7:00 AM ET Company Participants Louise Tjeder - Head of IR Stefan Widing - CEO Cecilia Felton - VP Group Control and Acting CFO Conference Call Participants Daniela Costa - Goldman Sachs Magnus Kruber - UBS Klas Bergelind - Citi Mattias Holmberg - DNB Markets Gael de-Bray - Deutsche Bank Max Yates - Morgan Stanley Presentation Louise Tjeder Warm welcome to Sandvik's Presentation of the Third Quarter Results 2022. My name is Louise Tjeder, Head of Investor Relations.

Sandvik AB (publ) (SDVKF) Q3 2022 Earnings Call Transcript

STOCKHOLM , Oct. 3, 2022 /PRNewswire/ -- Sandvik will publish its third quarter results on Monday, October 17, 2022 at approximately 11:30 AM CEST. A combined webcast and conference call for investors, analysts and financial media will be held at 13:00 PM CEST.

Invitation - presentation of Sandvik's report of the third quarter 2022

STOCKHOLM , Sept. 29, 2022 /PRNewswire/ -- Sandvik will record non-recurring charges related to the distribution of Alleima (former business area Sandvik Materials Technology) and the wind-down process in Russia.

Sandvik announces non-recurring charges for the third quarter

STOCKHOLM, Sept. 16, 2022 /PRNewswire/ -- In 2020 Sandvik AB's Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General Meeting resolves otherwise.

Sandvik AB - Nomination Committee for the 2023 Annual General Meeting

Sandvik AB (publ) (OTCPK:SDVKF) Q2 2022 Earnings Conference Call July 15, 2021 7:00 AM ET Company Participants Louise Tjeder - Head of IR Stefan Widing - CEO Cecilia Felton - VP Group Control and Acting CFO Conference Call Participants Andre Kukhnin - Credit Suisse Klas Bergelind - Citi Magnus Kruber - UBS Daniela Costa - Goldman Sachs Andrew Wilson - JPMorgan Gael de-Bray - Deutsche Bank Lars Brorson - Barclays Sebastian Kuenne - RBC Capital Markets Louise Tjeder Good afternoon, and welcome to Sandvik's presentation of the Second Quarter Results 2022. I am Louise Tjeder, Head of Investor Relations and beside me, I have, as usual, our CEO, Stefan Widing; and CFO, Cecilia Felton.

Sandvik AB (publ) (SDVKF) CEO Stefan Widing on Q2 2022 Results - Earnings Call Transcript

STOCKHOLM , July 15, 2022 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of the assets of US based company Peterson Tool Company, Inc., ("PTC") a leading supplier of machine-specific custom insert tooling solutions. The product offering includes custom carbide form inserts for high-production turning and grooving applications, primarily within the general engineering and automotive segments.

Sandvik completes the acquisition of US based custom tooling manufacturer Peterson Tool Company

STOCKHOLM , July 15, 2022 /PRNewswire/ -- Second quarter 2022 DELIVERING ON THE SHIFT, 25% REVENUE GROWTH AT FIXED FX Continuing operations Order intake SEK 28,740 million (21,816) Order intake growth, at fixed exchange rates 22% Revenues SEK 27,050 million (20,136) Revenue growth, at fixed exchange rates 25% Adjusted EBITA SEK 5,141 million (4,192) Adjusted EBITA margin 19.0% (20.8) Adjusted EBIT SEK 4,794 million (4,093) Adjusted EBIT margin 17.7% (20.3) Adjusted profit before tax SEK 4,812 million (3,965) Profit for the period SEK 2,627 million (3,159) Adjusted profit for the period SEK 3,694 million (2,999) Earnings per share, diluted SEK 2.10 (2.52) Adjusted earnings per share, diluted SEK 2.95 (2.39) Free operating cash flow SEK -49 million (2,945) Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder). A webcast and conference call will be held on July 15, 2022 at 13:00 CEST.

Sandvik: Interim report second quarter 2022

STOCKHOLM , July 15, 2022 /PRNewswire/ -- Sandvik has appointed Richard Harris as President of business area Sandvik Rock Processing Solutions (SRP) and new member of the Sandvik Group Executive Management, effective October 1, 2022. He succeeds Anders Svensson, who as previously announced is leaving Sandvik to become President and CEO of Konecranes.

Sandvik appoints new President of business area Sandvik Rock Processing Solutions

SANDVIKEN, Sweden , July 4, 2022 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of the Spain-based company Preziss, a cutting tools and solutions provider within high-precision drilling, reaming, milling and tooling systems. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.

Sandvik completes the acquisition of Preziss, a solutions provider for aluminum and composite machining

SANDVIKEN, Sweden , July 1, 2022 /PRNewswire/ -- Sandvik will publish its second quarter results on Friday, July 15, 2022 at approximately 11:30 AM CEST. A combined webcast and conference call for investors, analysts and financial media will be held at 13:00 PM CEST.

Invitation - Presentation of Sandvik's report of the second quarter 2022

SANDVIKEN, Sweden , June 29, 2022 /PRNewswire/ -- As previously communicated, Sandvik paused its business activities in Russia on February 28 due to Russia's war in Ukraine. Since then, the company has continuously been assessing and adjusting to the situation, and has taken the decision to wind down operations in Russia.

Sandvik announces a non-recurring charge for the second quarter related to Russia

SANDVIKEN, Sweden, June 27, 2022 /PRNewswire/ -- Sandvik has signed an agreement to acquire 100% of the equity interests of the Portugal-based company Frezigest, SGPS ("Frezite"). Frezite's offering primarily consists of made-to-order polycrystalline diamond (PCD) tools for metal and wood applications, with exposure to the automotive, general engineering and aerospace segments.

Sandvik to acquire PCD tools manufacturer Frezite

SANDVIKEN, Sweden , June 20, 2022 /PRNewswire/ -- Sandvik has acquired the Finland-based company Akkurate, a frontrunner in holistic battery management, providing remote battery diagnostic- and prognostic platforms. The company will be reported in Load and Haul, a division within the business area Sandvik Mining and Rock Solutions.

Sandvik acquires Finland-based Akkurate, a solutions provider of holistic battery management

STOCKHOLM , June 17, 2022 /PRNewswire/ -- The President of business area Sandvik Mining and Rock Solutions, Henrik Ager, will leave the Sandvik Group.  "Henrik Ager has been with Sandvik for eight years, and for the past three years as business area President during a period in which our Mining and Rock Solutions business has had a positive development.

President of Sandvik Mining and Rock Solutions to leave Sandvik

SANDVIKEN, Sweden , June 15, 2022 /PRNewswire/ -- Sandvik has signed a SEK 11 billion revolving credit facility linked to its sustainability targets, with a group of 14 banks. The facility has a five-year tenor with two one-year extension options, and will be used for general corporate purposes and to refinance the existing SEK 9 billion credit facility.

Sandvik signs SEK 11 billion sustainability-linked revolving credit facility

SANDVIKEN, Sweden , June 10, 2022 /PRNewswire/ -- Anders Svensson, President of Business Area Sandvik Rock Processing Solutions, has decided to leave Sandvik to take on the position as President and CEO of Konecranes, a world-leading provider of lifting equipment and services listed on the Nasdaq Helsinki Stock Exchange. "Anders Svensson has led Sandvik Rock Processing Solutions in a very good way since the business area was formed in 2021 and made excellent contributions during his years at Sandvik.

News for Sandvik AB Stock (SDVKY)