Interim Report Third Quarter 2016

Third Quarter 2016

Continuing operations  

  • Order intake 19,700 million SEK
  • Revenues 19,715 million SEK
  • Operating profit 2,623 million SEK
  • Operating margin 13.3%
  • Profit after financial items 2,223 million SEK
  • Earnings per share 1.29 SEK
  • Cash flow from operations 4,527 million SEK

Discontinued operations

  • Order intake 219 million SEK
  • Revenues 724 million SEK
  • Operating profit -1,012 million SEK, including the earlier announced capital loss of -847 million SEK

Group Total

  • Order intake 19,919 million SEK
  • Revenues 20,439 million SEK
  • Operating profit 1,611 million SEK
  • Operating margin 7.9%
  • Earnings per share 0.49 SEK
  • Cash flow from operations 4,312 million SEK

Additional information may be obtained from Sandvik Investor Relations, +46 8 456 14 94 (Ann-Sofie Nordh), +46 8 456 11 94 (Anna Vilogorac) or e-mailing info.ir@sandvik.com

A presentation and teleconference will be held on 24 October 2016 at 15:00 CET. Information is available at home.sandvik/investors  

Stockholm, 24 October 2016

Sandvik Aktiebolag (publ)

Björn Rosengren

President and CEO

This information is information that Sandvik AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 13.30 CET on 24 October 2016.

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Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2015, the Group had approximately 45,000 employees and sales of 86 billion SEK in more than 150 countries within continuing operations.

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About Us

Sandvik Group Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2016, the Group had approximately 43,000 employees and sales of 82 billion SEK in more than 150 countries within continuing operations.