Sandvik Ab Stock Price, News & Analysis

Sandvik (OTC:SDVKY) has released its Q2 2025 financial results, showing mixed performance. The company reported order intake of SEK 32,206 million, with a 10% increase at fixed exchange rates. Revenues reached SEK 29,700 million, showing 4% growth at fixed exchange rates.

The company's profitability metrics showed some pressure, with adjusted EBITA margin at 19.0% (down from 19.6%) and adjusted EBIT margin at 17.5% (down from 18.1%). Notably, free operating cash flow improved to SEK 5,090 million from SEK 4,198 million. Adjusted earnings per share came in at SEK 2.96, compared to SEK 3.10 in the previous period.

Sandvik (OTC:SDVKY) has secured a significant mining equipment order valued at SEK 270 million from Oyu Tolgoi LLC for their copper-gold mine in Mongolia's South Gobi Desert. The order was booked in Q2 2025 and includes loaders and trucks.

Deliveries are scheduled to begin in October 2025 and continue through November 2026. The equipment will be deployed at Oyu Tolgoi, one of the world's largest copper-gold deposits, which is jointly owned by Rio Tinto and the Government of Mongolia.

Sandvik (OTC:SDVKY) has completed its acquisition of Osa Demolition Equipment S.r.l. (OSA), an Italian manufacturer of demolition tools and hydraulic hammers. The acquired company, founded in 1994, will be integrated into Sandvik's Attachment Tools division within the Rock Processing business area.

OSA, headquartered in Molfetta, Italy, operates a state-of-the-art manufacturing facility with R&D capabilities and employs 64 people. The company generated revenues of approximately SEK 150 million in 2024. Sandvik indicates that the acquisition's impact on its EBITA margin and earnings per share will be limited.

Sandvik (OTC:SDVKY) has scheduled the presentation of its second quarter 2025 financial results for July 16, 2025, at 11:30 AM CEST. The company will host a combined webcast and conference call at 1:00 PM CEST, featuring presentations from President and CEO Stefan Widing and CFO Cecilia Felton.

The presentation will be available via live webcast on home.sandvik, with conference call access provided for participants from Sweden, the UK, and the US. Presentation slides will be accessible on the company's website from approximately 12:30 PM CEST.

Sandvik (OTC:SDVKY) has initiated the first phase of its restructuring plan for its Machining business area, previously announced on May 20, 2025. The restructuring measures aim to enhance operational efficiency and margin resilience through 2025-2030.

The initiative is expected to generate annual savings of SEK 380 million, with 40% of savings realized by end-2025 and 90% by end-2026. The restructuring will incur costs of SEK 570 million in Q2 2025, including SEK 20 million in non-cash items. The plan involves workforce reduction of approximately 350 employees.

Sandvik (SDVKY) has secured a significant mining equipment order worth SEK 430 million from La Cantera Desarrollos Mineros, a leading Mexican underground mining contractor. The comprehensive order includes loaders, drill rigs, and rock bolters, with deliveries scheduled between 2025 and 2028. This order strengthens the long-standing partnership between Sandvik and La Cantera Desarrollos Mineros, focusing on enhancing safety, reliability, and innovation in mining operations. The order was booked in the second quarter of 2025, marking a substantial business win for Sandvik's mining equipment division.

Sandvik (SDVKY) has completed its acquisition of Verisurf Software Inc., a US-based provider of 3D metrology software solutions. Verisurf, which will operate as a separate business unit within Sandvik's Machining and Intelligent Manufacturing division, is headquartered in Anaheim, California, and employs 44 people. The acquired company generated revenues of approximately SEK 130 million (USD 12 million) in 2024. The acquisition is expected to have a limited impact on Sandvik's EBITA margin and earnings per share. Verisurf's integration into Sandvik's portfolio strengthens the company's position in digital manufacturing solutions.

Sandvik (SDVKY) is hosting a Capital Markets Day in Gimo, Sweden, to present its new strategy 'Advancing to 2030'. The company announced an updated Group structure effective January 1, 2026, splitting Sandvik Manufacturing and Machining Solutions into two business areas. Starting July 1, 2025, Sandvik will operate through four business areas: Mining, Rock Processing, Machining, and Intelligent Manufacturing.

The company plans restructuring measures in its Machining business area through 2025-2030, aiming for annual run-rate savings of SEK 1 billion by 2030. This initiative will incur SEK 3 billion in restructuring costs and focus on improving geographical manufacturing footprint and organizational efficiency.

Sandvik held its Annual General Meeting 2025 in Sandviken, Sweden, where CEO Stefan Widing highlighted the company's continued transformation into a more resilient and agile organization. The meeting approved key decisions including:

A dividend of SEK 5.75 per share, payable on May 7, 2025. The Board re-elected Johan Molin as Chairman, along with seven other board members. Shareholders approved fees for board positions, with the Chairman receiving SEK 3,125,000.

The meeting approved a long-term incentive program (LTI 2025) for about 350 senior executives, secured through a share swap agreement, with estimated costs between SEK 387-394 million. The Board received authorization to acquire up to 10% of company shares.

Notable achievements included the Wilhelm Haglund Medal awarded for the innovative CoroCut® 2 development, and the Sustainability Award for a collaboration between Vericut and Seco that reduces environmental impact in machining.