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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 Second Quarter 2015

    Second Quarter 2015 · Order intake 22,743 million SEK · Invoiced sales 23,398 million SEK · Operating profit 2,903 million SEK · Operating margin 12.4% · Profit after financial items 2,367 million SEK · Earnings per share 1.38 SEK Additional information may be obtained from Sandvik Investor Relations, tel +46 8 456 14 94 (Ann-Sofie Nordh), +46 8 456 12 30 (Oskar Lindberg), +46 8 456 11 94 (Anna Vilogorac) or e-mailing info.ir@sandvik.com. A presentation and teleconference will be held on 17 July 2015 at 11:00 CET. Information is available at www.sandvik.com/ir

    Interim Report First Quarter 2015

    First Quarter 2015 · Order intake 23,167 million SEK · Invoiced sales 23,334 million SEK · Operating profit 1,052 million SEK · Operating margin 4.5% · Profit after financial items 563 million SEK · Earnings per share 0.33 SEK Adjusted operating profit 2,934 million SEK, 12.6% excluding nonrecurring charges totaling 1,882 million SEK. Additional information may be obtained from Sandvik Investor Relations, tel +46 8 456 14 94 (Ann-Sofie Nordh), +46 8 456 12 30 (Oskar Lindberg) , +46 8 456 11 94 (Anna Vilogorac) or e-mailing info.ir@sandvik.com A presentation and

    Sandvik implements second phase of supply chain optimization program, as well as further adjustments to cost base

    As initially communicated in 2013, Sandvik’s supply chain is to be optimized, reducing the number of production units from 150 to about 125 over three to four years. The first phase has progressed according to plan and was initiated in the fourth quarter of 2013, involving 11 unit closures (of which five closures had been implemented at year-end 2014). Sandvik is now launching the second phase comprising a total of ten unit closures, predominantly in Europe. In addition, Sandvik implements further measures to adjust the cost base to current demand as well as making a project write-down

    Correction

    In connection with the publication of Sandvik’s interim report on the fourth quarter and full year 2014 on 29 January 2015 at 08.00 CET, there was an error in the guidance for the first quarter of 2015 in the Swedish version of the report concerning anticipated currency effects, page 12, section “Guidance”. Note that the actual reported numbers, related to the fourth quarter 2014, are correct. Correction: The anticipated currency effect for the first quarter of 2015 is estimated to be positive, by about 600 million SEK, not negative. A correct version of the report was released on the

    Interim Report Fourth Quarter 2014

    Fourth quarter 2014 · Order intake 21,286 million SEK · Invoiced sales 23,394 million SEK · Operating profit 2,623 million SEK · Operating margin 11.2% · Profit after financial items 2,121 million SEK · Earnings per share 1.21 SEK Additional information may be obtained from Sandvik Investor Relations, tel +46 8 456 14 94 (Ann-Sofie Nordh), +46 8 456 12 30 (Oskar Lindberg) or e-mailing info.ir@sandvik.com   A presentation and teleconference will be held on 29 January 2015 at 10:00 CET. Information is available at www.sandvik.com/ir 

    Invitation – Presentation and conference call Sandvik´s fourth quarter and full year 2014 report

    Sandvik will publish its fourth quarter results on Thursday, 29 January 2015 at approximately 08:00 AM (CET). A combined presentation and conference call for investors, analysts and media will be held at 10:00 AM (CET). The report will be presented at the World Trade Center in Stockholm, Sweden by Olof Faxander, President and CEO, and Mats Backman, CFO. The presentation will be broadcasted live on the Internet at www.sandvik.com and www.financialhearings.com. Dial-in details for the conference call: SE: +46 8 566 426 98 UK: +44 203 428 1432 US: +1 646 502 5119 Password:

    Sandvik’s Capital Markets Day focused on execution and growth

    The key focus of Sandvik’s Capital Markets Day, which was held in the US on Monday, November 17, was to provide an update on the company’s strategic actions to achieve higher returns, reduced earnings volatility and greater exposure to attractive growth areas.As part of his presentation, Olof Faxander, Sandvik’s President and CEO, reaffirmed the company’s portfolio that also going forward will consist of five business areas. At the same time, he made it clear that Sandvik will evaluate further divestments within the business areas – as well as investigate acquisitions, all as part of the

    Jim Nixon appointed President of Sandvik Venture and member of Group Executive Management

    Jim Nixon has been appointed as President of Sandvik Venture and member of Sandvik’s Group Executive Management. He succeeds Tomas Nordahl, who will leave Sandvik for a position outside the Group.Jim Nixon is currently President of Varel International Energy Services Inc., a company operating in the fast growing energy sector, that Sandvik acquired earlier this year. Jim Nixon has an extensive experience from the energy sector also from leading positions at SDBS, which was part of the global technology group Dresser Industries. “Jim Nixon has an exceptionally strong background that

    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

    Invitation to Sandvik Capital Markets Day 17 November 2014

    Sandvik will arrange its annual Capital Markets Day in Fair Lawn, New Jersey, USA. The date is set to 17 November 2014.The meeting will be hosted by Olof Faxander, President and CEO and Mats Backman, CFO, together with Business Area Presidents and other members of Sandviks Business Area management.  The Capital Markets Day will provide an opportunity for investors, financial analysts and financial media to get an update on the strategy and development of Sandvik. Participants are also welcome to visit the new Productivity and Aerospace Application Center at the Sandvik facilities in Fair

    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 in strategic cooperation with Zhuzhou Group

    Sandvik AB (“Sandvik”) today signed a letter of intent with Zhuzhou Cemented Carbide Group Co., Ltd. (“Zhuzhou Group”) to form a joint venture for strategic cooperation. The Zhuzhou Group is the largest domestic manufacturer in China of cemented carbide and its compatible tools. It also offers smelting services for tungsten, molybdenum, tantalum, niobium and cobalt. The company is based in Zhuzhou, China, and the number of employees encompassed by the strategic cooperation is approximately 2,000. Annual sales for the part of the business concerned amount to about 1.3 billion RMB (1.4

    Sandvik Group appoints new General Counsel and new President of Sandvik Mining

    Åsa Thunman has been appointed Executive Vice President and General Counsel of Sandvik. Scot Smith has been appointed President of Sandvik Mining. Both will be included as new members of Group Executive Management.Åsa Thunman is currently Senior Vice President General Counsel of Securitas AB, a role she has held since 2011 having joined the company in 2009. Prior to Securitas, she held senior positions at Elekta AB, one of which as General Counsel. She also has extensive experience from private practice at one of Sweden’s major law firms. In addition to her position at Securitas, Åsa

    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 

    New Chief Financial Officer and Executive Vice President appointed to Sandvik Group

    Mats Backman has been appointed Executive Vice President and CFO of Sandvik and member of the Group Executive Management, effective 1 October, 2013. Mats Backman is currently Vice President Finance, IT and Business Development for the business area Sandvik Machining Solutions. He has held leading positions at Sandvik since 2007 and previously held leading positions with Outokumpu, Nordea and Boliden. "Mats Backman has extensive experience from relevant industries and companies. With this strong background and experience base, he is a highly suitable person to continue the work to take

    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

    New head of Group Communications at Sandvik

    Jessica Alm, head of communications at Sandvik Coromant, has been appointed Executive Vice President and Head of Group Communications as well as member of the Group Executive Management of Sandvik AB. She will take up her new position as of 1 July 2013. Jessica Alm succeeds Jan Lissåker who will take up a new position as Group Senior Advisor in larger projects. Jessica Alm is 35 years and employed at Sandvik since 2006. She has, in a successful way, developed internal and external communication as well as the brand position of Sandvik Coromant, the world leader in metal cutting. In

    New President appointed to Sandvik Construction

    Dinggui Gao has been appointed President of Business Area Sandvik Construction and member of the company’s Group Executive Management. He has experience from leading positions in global industrial companies. Sandvik Construction is specialized in equipment, tools and service for niche applications in the construction industries. In 2012 Sandvik Construction was designated a core business area within Sandvik. Sales reached9,7 BSEK and it introduced more than 30 new products for the business area’s different customer segments and markets. Dinggui Gao is 49 years of age. He was

    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 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

    Annual General Meeting of Sandvik Aktiebolag

    The shareholders in Sandvik Aktiebolag are convened to the Annual General Meeting to be held on Thursday, 25 April 2013 at 5:00 p.m. at Göransson Arena, Sätragatan 15, Sandviken, Sweden. RIGHT TO PARTICIPATE AND NOTIFICATION Shareholders who wish to participate in the Meeting must be recorded in the share register maintained by Euroclear Sweden AB on Friday, 19 April 2013 and notify Sandvik AB of their intention to participate in the Meeting not later than Friday, 19 April 2013. Notification of participation in the Meeting shall be made to Sandvik AB, c/o Computershare AB, Box 610,

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