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  • Sandvik
    World Trade Center, Kungsbron 1 (section G, 6th floor), 111 22 Stockholm, Sweden
    +46 8 456 11 00
    http://home.sandvik
  • Johannes Hellström

    Press and Media Relations Manager


    +46707211008
  • Edvard Bergström

    Vice President Corporate Communication Relations and Production


    World Trade Center, Kungsbron 1 (section G, 6th floor), 111 22 Stockholm, Sweden
    +46 (0) 70 993 83 11
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    Interim Report Third Quarter 2014

    Third quarter 2014 · Order intake 20,981 million SEK · Invoiced sales 22,593 million SEK · Operating profit 2,462 million SEK · Operating margin 10.9% · Profit after financial items 2,001 million SEK · Earnings per share 1.17 SEK Additional information may be obtained from Sandvik Investor Relations, tel +46 8 456 12 40 (Magnus Larsson), +46 8 456 12 30 (Oskar Lindberg) +46 8 456 14 94 (Ann-Sofie Nordh) or by e-mailing info.ir@sandvik.com   A presentation and teleconference will be held on 27 October 2014 at 10:00 CET. Information is available at www.sandvik.com/ir

    New Head of Investor Relations at Sandvik

    Ann-Sofie Nordh has been appointed new Head of Investor Relations at Sandvik. Ann-Sofie Nordh has been with Sandvik since early 2014. Her background comprises 20 years of experience from the financial market, most recently in a position as responsible for Nordea Equities Corporate Services. Previously, she was with Nordea Markets and Alfred Berg as an analyst, focusing on Swedish industry groups. Magnus Larsson, Sandvik’s current Head of Investor Relations, will take on a position leading business development projects in Sandvik, and continues to report to Chief Financial Officer,

    Interim Report Second Quarter 2014

    Second quarter 2014 · Order intake 21,194 million SEK · Invoiced sales 22,051 million SEK · Operating profit 2,556 million SEK · Operating margin 11.6% · Adjusted operating profit 2,631 million SEK · Adjusted operating margin 11.9% · Profit after financial items 2,099 million SEK · Earnings per share 1.22 SEK Additional information may be obtained from Sandvik Investor Relations, tel +46 8 456 12 40 (Magnus Larsson), +46 8 456 14 94 (Ann-Sofie Nordh) or by e-mailing info.ir@sandvik.com A presentation and teleconference will be held on 17 July at 10:00 CET.

    Sandvik’s Annual General Meeting 2014

    Sandvik AB held its Annual General Meeting on 13 May 2014 in Sandviken, Sweden. In his speech, Olof Faxander, President and CEO, commented on the 2013 financial year and the trend for the first quarter of 2014. The presentation comprised a report on Sandvik’s results both on Group level and Business Area level. Olof Faxander emphasized that innovation has always been central for Sandvik and will be very important for Sandvik also in the future. Olof Faxander also talked about Sandvik’s new vision, We set the industry standard, as well as the Group’s new core values: Customer Focus,

    Interim Report First Quarter 2014

    First quarter 2014· Order intake 22,496 million SEK · Invoiced sales 20,783 million SEK · Operating profit 2,478 million SEK · Operating margin 11.9% · Profit after financial items 2,042 million SEK · Earnings per share 1.19 SEK Additional information to be obtained from Sandvik Investor Relations, tel +46 8 456 12 40 (Magnus Larsson), +46 8 456 14 94 (Ann-Sofie Nordh) or by e-mailing info.ir@sandvik.com   A teleconference will be held on 25 April at 10:00 CET. Information is available at www.sandvik.com/ir 

    Interim Report Third Quarter 2013

    Stabilized demand Third quarter 2013 · Order intake 20,221 million SEK · Invoiced sales 20,416 million SEK · Operating profit 2,531 million SEK · Operating margin 12.4% · Profit after financial items 2,144 million SEK · Earnings per share 1.30 SEK Additional information may be obtained from Sandvik Investor Relations, tel +46 8 456 12 40 (Magnus Larsson) or tel +46 8 456 12 30 (Oskar Lindberg) or by e-mailing info.ir@sandvik.com. A presentation will be held on 24 October 2013 at 10:00 CET. Information is available at www.sandvik.com/ir 

    Sandvik AB – Nomination Committee for the 2014 Annual General Meeting

    On 2 May 2012, Sandvik AB’s Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General Meeting resolves otherwise. Pursuant to this instruction the company shall have a Nomination Committee comprising one representative for each of the four principal shareholders in terms of votes, together with the Chairman of the Board (convenor). In addition, the Nomination Committee has the possibility to call in one co-opted member to the Nomination Committee from the Board members if required. At the time of the formation of the

    Sandvik acquires TechnoPartner Samtronic GmbH

    Sandvik Venture has acquired the German company TechnoPartner Samtronic GmbH, (TPS), a manufacturer of scattering machines and double belt presses. The company’s core capabilities are reinforced Teflon belt-based double belt press machines. TPS offer consists of new equipment, feed/scattering units and service and spare parts. The acquisition further strengthens Sandvik’s position in the composites segment. In turn, this will strengthen Sandvik’s total customer offering and growth possibilities. In 2012, TPS had sales of approximately 13 Million EUR, with about 35 employees. The head

    Interim report second quarter 2013

    Tentative market Second quarter 2013 · Order intake 20,719 million SEK · Invoiced sales 23,043 million SEK · Operating profit 2,961 million SEK · Operating margin 12.8% · Profit after financial items 2,466 million SEK · Earnings per share 1.48 SEK A teleconference will be held on 19 July 2013 at 10:00 CET. Information is available at www.sandvik.com/ir . Stockholm, 19 July, 2013 Sandvik Aktiebolag (publ) Olof Faxander President and CEO Sandvik discloses the information

    Sandvik comments the Administrative Court of Appeal’s ruling

    In 2005, Sandvik AB implemented a reorganization of ownership and management of intellectual property rights. All Swedish-owned patents and trademarks were transferred to Sandvik Intellectual Property AB (IP Company). The reasons for this reorganization were the need to gather the activities relating to intellectual property rights into one company to highlight the considerable worth of the intellectual property rights and to gain operational advantages. This reorganization subsequently gave rise to two legal cases relating to taxation – one concerning Sandvik AB and one concerning the IP

    Sandvik to adjust capacity and order backlog for nuclear steamgenerator tubing

    Sandvik Materials Technology will adjust capacity and order backlog for steam generator tubing to reflect the current market conditions in the nuclear power industry. The order backlog will be written down by 1.1 billion SEK, negatively affecting the order intake in the second quarter by the corresponding amount. The overall net effect on the operating profit due to closure of related currency hedges, as well as impairment and restructuring charges as a result of the capacity adjustment, is estimated to be slightly positive.  The capacity adjustment of steam generator tubing will be

    Interim report first quarter 2013

    Adapting to mixed demand · First quarter 2013 · Order intake 22,339 million SEK · Invoiced sales 22,098 million SEK · Operating profit 2,557 million SEK · Operating margin 11.6% · Profit after financial items 2,078 million SEK · Earnings per share 1.18 SEK Additional information may be obtained from Sandvik Investor Relations, at tel +46 8 456 12 40 (Magnus Larsson) or tel +46 8 456 12 30 (Oskar Lindberg) or by e-mailing info.ir@sandvik.com. A presentation and teleconference will be held on 23 April 2013 at 10:00 CET at the World Trade Center in Stockholm.

    Sandvik launches new delivery model for global finance transactions

    Sandvik will implement a new shared service delivery model for parts of its transactional finance. These improvements are in line with Sandvik’s strategy, where the objective is to simplify processes, utilize group wide synergies and leverage global business opportunities to become a world-class industry leader. Parts of the transactional processes will be transferred to and delivered by an external business process outsourcing (BPO) service provider, Capgemini. The ambition is to utilize Sandvik's common resources better and to develop a more efficient finance organization. As a result,

    Sandvik secures major materials handling orders

    Sandvik Mining has secured major materials handling contracts in South America and Australia.The combined value of the contracts exceeds 950 million SEK and will be executed and contribute to Sandvik Mining's business during the years 2013 until 2015. The orders include design and supply of conveying systems with a total length of 8.9 km comprising of two iron ore transfer conveyors up to 28,500 ton per hour and two waste conveyors lines each with 9,500 ton per hour capacity for a surface mine in South America. For Australia the orders include design, supply and delivery of

    Sandviks Board of Directors propose a long-term incentive program 2013

    Sandviks Board of Directors propose that the Annual General Meeting resolve on a long-term incentive program for 2013 (LTI 2013) encompassing approximately 350 senior executives and key individuals within the Group, on substantially the same terms and conditions as the 2011 and 2012 long-term incentive programs. Participants are offered allotment of employee stock options that entitle the holder to acquire Sandvik shares after three years at a set exercise price, on condition that certain performance targets are met. For some executives in more senior positions, a personal investment in

    Interim report fourth quarter 2012.

    RECORD CASH FLOW BUT EARNINGS IMPACTED BY NONRECURRING ITEMS ·         Fourth quarter o  Order intake 21,070 million SEK o  Invoiced sales 24,328 million SEK o  Operating profit 2,134 million SEK o  Operating margin 8.8% o  Profit before tax 1,627 million SEK o  Cash flow from operations +4,520 million SEK Accounting policies This interim report was prepared in accordance with IFRS, applying IAS 34, Interim Financial Reporting. The same accounting and valuation policies were applied as in the most recent annual report with the exception of new and revised

    Sandvik implements further structural measures and adjusts capacity and costs

    The new Sandvik strategy presented in September 2011 laid out the path toward a strengthened market leadership position based on four cornerstones: AMBITION, SPEED, FOCUS and GLOBAL/LOCAL. The strategy has subsequently been implemented successfully and according to plan. Recent strategic reviews have revealed additional potential for structural improvements in several business areas. At the same time, a number of measures are being proactively implemented to adjust costs due to the weaker market demand that was experienced during the third quarter and that has persisted thus far into the

    Interim report on the third quarter of 2012

    CONTINUED STRONG EXECUTION, BUT A MORE CAUTIOUS MARKET · Third quarter · Order intake 21,795 million SEK · Invoiced sales 23,424 million SEK · Operating profit 3,325 million SEK · Operating margin 14.2% · Profit before tax 2,852 million SEK · Cash flow from operations +3,979 million SEK Accounting policies This interim report was prepared in accordance with IFRS, applying IAS 34, Interim Financial Reporting. The same accounting and valuation policies were applied as in the most recent annual report with the exception of new and revised standards and

    Sandvik resumes loan agreement from the European Investment Bank

    For the second time Sandvik resumes a loan agreement from The European Investment Bank (EIB).The new agreement amounts to 250 million EUR and is based on Sandvik’s investments in Research and Development in Europe during the years of 2012 to 2015. A similar loan was signed in 2007 for activities carried out during the years 2007 to 2011. The disbursement of the loan was made in October, which has a 10 year maturity. Amortization will start after four years. “This loan extends and evens our debt maturity profile at the same time as it contributes to a further diversification of funding

    Interim report second quarter 2012

    GOOD PROGRESS AND STRONG DEMAND IN THE QUARTER · Second quarter · Order intake 26,190 million SEK · Invoiced sales 25,939 million SEK · Operating profit 4,212 million SEK · Operating margin 16.2% · Profit before tax 3,667 million SEK · Cash flow from operations +2,293 million SEK Accounting policiesThis interim report was prepared in accordance with IFRS, applying IAS 34, Interim Financial Reporting. The same accounting and valuation policies were applied as in the most recent annual report with the exception of new and revised standards and

    Sandvik signs major Mining Systems order

    Sandvik Mining has entered an agreement for the delivery of a large materials handling and crushing system for a copper mine with a customer in South America. The contract will be performed jointly with a local partner, the value of the Sandvik share of the contract exceeds 900 MSEK and will contribute to Sandvik Mining's business during the years 2012 until 2013. The order includes the design, supply and installation of a crushing and conveying system, including primary in-pit crushers, overland conveyors, a secondary and tertiary crushing and screening plant including all auxiliary

    New Chief Financial Officer at Sandvik Group

    Emil Nilsson has been appointed Executive Vice President & CFO of Sandvik Group and member of Group Executive Management. Exact starting date will be defined over the coming months. He succeeds Ola Salmén, who will leave Sandvik for other opportunities. Ola will stay with Sandvik until year-end to ensure a good and smooth transition. Emil Nilsson is 40 years old and holds an B. Sc. in Business Administration and Economics degree from Stockholm University. Currently he is Head of Customer Unit Central Europe at Ericsson based in Vienna, Austria. His most recent experiences includes

    Sandvik appoints New Vice President Investor Relations

    Magnus Larsson has been appointed Vice President Investor Relations (IR) reporting to Ola Salmén, Executive Vice President and CFO at Sandvik. Magnus has been working at Sandvik’s IR department the past four years and has held several financial positions within and outside Sandvik in his earlier career. He succeeds Jan Lissåker who has assumed the position as Executive Vice President Group Communications. The appointment becomes effective immediately and the recruitment of a new Investor Relations officer will commence at once. Sandviken, 25 May 2012Sandvik Aktiebolag The

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