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Interim report fourth quarter 2023

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Fourth quarter 2023

A good ending to the year

Continuing operations

  • Order intake SEK 30,062 million (30,751)
  • Order intake, at fixed exchange rates, declined by 2%
  • Revenues SEK 31,816 million (31,094)
  • Revenue growth, at fixed exchange rates 2%
  • Adjusted EBITA SEK 6,211 million (6,413)
  • Adjusted EBITA margin 19.5% (20.6)
  • Adjusted EBIT SEK 5,738 million (5,977)
  • Adjusted EBIT margin 18.0% (19.2)
  • Adjusted profit before tax SEK 5,107 million (5,587)
  • Profit for the period SEK 4,259 million (3,435)
  • Adjusted profit for the period SEK 4,047 million (4,041)
  • Earnings per share, diluted SEK 3.39 (2.73)
  • Adjusted earnings per share, diluted SEK 3.22 (3.22)
  • Free operating cash flow SEK 5,463 million (6,226)
  • The Board of Directors proposes a dividend of SEK 5.50 per share (5.00)

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 January 25, 2024, at 10:00 AM CET. Information is available at home.sandvik/investors

Stockholm, January 25, 2024

Sandvik Aktiebolag (publ)

Stefan Widing

President and CEO

This information is information that Sandvik AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at about 08:00 AM CET on January 25, 2024.

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Sandvik Group
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2022 the Group had approximately 40,000 employees and revenues of about 112 billion SEK in about 150 countries within continuing operations.

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