Sandvik provides an update on changes in the reporting
Sandvik will make the following accounting and reporting changes as of 2022: Treatment of Sandvik Materials Technology in financial statements: Today, Sandvik announced that the Sandvik Board of Directors has decided to propose the distribution and listing of Sandvik Materials Technology (SMT) to the Annual General Meeting, which takes place on April 27, 2022. As a consequence, Sandvik will from the first quarter 2022 report SMT as discontinued operations and as assets and liabilities held for distribution in accordance with IFRS 5. Adjusted EBITA and currency definition: In