Exciting Updates from Sandvik: A Closer Look

Stockholm, Oct. 21, 2024 /PRNewswire/ —

Celebrating the latest achievements in the world of Sandvik, we are thrilled to share the recent financial figures that showcase the remarkable growth and success of the company.

Order Intake and Revenues

The order intake for Sandvik reached an impressive SEK 28,796 million, reflecting a 4% increase at fixed exchange rates. Similarly, the revenues amounted to SEK 30,306 million, with revenue growth at fixed exchange rates showing a 1% increase.

Adjusted EBITA and Profit

Sandvik reported an adjusted EBITA of SEK 5,866 million, with an adjusted EBITA margin of 19.4%. The adjusted EBIT stood at SEK 5,382 million, with a margin of 17.8%. Additionally, the adjusted profit before tax was SEK 4,857 million.

Earnings per Share and Cash Flow

The earnings per share, diluted, were SEK 2.58, while the adjusted earnings per share, diluted, were SEK 2.94. Moreover, the free operating cash flow amounted to SEK 6,762 million.

For more information, please contact Sandvik Investor Relations at +46 70 782 63 74 (Louise Tjeder). A webcast and conference call are scheduled to take place on October 21, 2024, at 1:00 PM CEST.

How Will This Affect Me?

As a consumer, the positive financial results of Sandvik can potentially lead to enhanced product quality, increased innovation, and better customer service. This could translate to a more satisfying experience for customers like you, with the company’s success reflecting positively on its offerings.

How Will This Affect the World?

The success of Sandvik signifies a thriving business that contributes to the global economy and industry. As a leader in its field, Sandvik’s growth can inspire other companies to strive for excellence and innovation. Moreover, the company’s financial achievements may have a ripple effect on related industries, encouraging growth and development on a broader scale.

Conclusion

In conclusion, the recent financial updates from Sandvik highlight a period of significant growth and success for the company. With increased order intake, revenues, and profits, Sandvik’s performance reflects its commitment to excellence and innovation. As we look towards the future, these achievements pave the way for further growth and impact, both for consumers and the global business landscape.