Sandvik provides proforma numbers for Sandvik Mining and Rock Solutions and Sandvik Rock Processing Solutions

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Mar 17, 2021, 04:47 ET

SANDVIKEN, Sweden, March 17, 2021 /PRNewswire/ -- On October 16, 2020, Sandvik announced that a decision had been made to establish a new business area: Sandvik Rock Processing Solutions (SRP), consisting of the Crushing and Screening division, which previously was part of the business area Sandvik Mining and Rock Technology. At the same time, it was announced that Sandvik Mining and Rock Technology would change name to Sandvik Mining and Rock Solutions (SMR). The new structure was effective on January 1, 2021.

Sandvik Mining and Rock Solutions

Q12020

Q22020

Q32020

Q42020

FY2020

Order intake

8,598

8,400

8,519

9,314

34,832

Organic growth, order intake, %

-7

Revenues

8,244

7,899

8,399

9,031

33,572

o/w aftermarket, %

o/w equipment, %

Organic growth, revenues, %

-2

-11

-1

-4

Operating profit

1,453

934

1,820

2,192

6,400

% of revenues

17.6

11.8

21.7

24.3

19.1

Adjusted operating profit*

1,453

1,601

1,820

2,011

6,885

% of revenues

17.6

20.3

21.7

22.3

20.5

Net working capital, %

31.3

33.5

30.8

25.7

29.6

Return on capital employed, %

25.5

16.7

32.9

41.7

29.2

No. of employees

12,440

11,741

11,972

12,442

*Adjusted for items affecting comparability

Sandvik Rock Processing Solutions

Q12020

Q22020

Q32020

Q42020

FY2020

Order intake

1,973

1,373

1,614

1,612

6,571

Organic growth, order intake, %

-15

-23

-3

-11

Revenues

1,531

1,590

1,536

1,802

6,459

o/w aftermarket, %

o/w equipment, %

Organic growth, revenues, %

-15

-16

-6

-9

Operating profit

208

232

263

288

990

% of revenues

13.6

14.6

17.1

16.0

15.3

Adjusted operating profit*

208

232

263

335

1,038

% of revenues

13.6

14.6

17.1

18.6

16.1

Net working capital, %

23.9

22.7

22.1

16.7

20.9

Return on capital employed, %

17.6

19.8

23.5

26.9

21.9

No. of employees

1,797

1,636

1,690

1,736

*Adjusted for items affecting comparability

Stockholm, March 17, 2021

Sandvik AB

For further information, contact Louise Tjeder, Vice President Investor Relations, phone: +46 70 782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 79 098 2670.

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Sandvik provides proforma numbers for Sandvik Mining and Rock Solutions and Sandvik Rock Processing Solutions

SOURCE Sandvik