Sandvik: Interim Report Second Quarter 2020

News provided by

Sandvik

Jul 16, 2020, 05:50 ET

SANDVIKEN, Sweden, July 16, 2020 /PRNewswire/ --

Second quarter 2020

Continuing operations

Order intake 18,971 million SEK
Revenues 20,230 million SEK
Operating profit 1,508 million SEK
Operating margin 7.5%
Adjusted operating profit 2,837 million SEK
Adjusted operating margin 14.0%
Profit after financial items 1,528 million SEK
Adjusted profit after financial items 2,858 million SEK
Earnings per share 0.88 SEK
Adjusted earnings per share 1.73 SEK
Cash flow from operations 2,880 million SEK

Discontinued operations

Order intake 0 million SEK
Revenues -1 million SEK
Operating profit -4 million SEK

Group Total

Order intake 18,971 million SEK
Revenues 20,229 million SEK
Operating profit 1,504 million SEK
Operating margin 7.4%
Adjusted operating profit 2,833 million SEK
Adjusted operating margin 14.0%
Profit after financial items 1,524 million SEK
Adjusted profit after financial items 2,854 million SEK
Earnings per share 0.88 SEK
Adjusted earnings per share 1.73 SEK
Cash flow from operations 2,825 million SEK

Additional information may be obtained from Sandvik Investor Relations, phone +46 8 456 11 94 (Anna Vilogorac).

A webcast and teleconference will be held on 16 July 2020 at 13:00 CEST. Information is available at home.sandvik/investors

Stockholm, 16 July 2020
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 11.30 CEST on 16 July 2020.

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https://mb.cision.com/Main/208/3155366/1280140.pdf

Interim Report Second Quarter 2020

SOURCE Sandvik