STRONG EARNINGS INCREASE AND CONTINUED HIGH GROWTH

Fourth quarter:
• Profit after financial items +23%, SEK 3,151 M
• Order intake +19%*, SEK 18,965 M
• Earnings per share +28%, SEK 1.85.
• Cash flow -31%, SEK 1,526 M.

Full year 2006:
• Profit after financial items +26%, SEK 11,113 M.
• Order intake +16%*, SEK 77,708 M.
• Net profit for the period +27, SEK 8,107 M.
• Earnings per share +30%, SEK 6.45.
• Proposal for increased dividend of 3.25 SEK (2.70)
and an extra distribution of 3.00 SEK per share.
• New financial targets.

*Percentage change compared to the same quarter in the preceding year at fixed exchange rates for comparable units.


Additional information is available from Sandvik Investor Relations, +46 (0)26-26 10 23, or by e-mail to info.ir@sandvik.com

A combined presentation and telephone conference will be held on 1 February at 2:00 p.m. at Operaterrassen in Stockholm.

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.

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