Sandvik: Interim report fourth quarter 2024
Sandvik (SDVKY) has released its Q4 2024 financial results, showing growth in both order intake and revenues.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Sandvik (SDVKY) has released its Q4 2024 financial results, showing growth in both order intake and revenues. The company reported order intake of SEK 31,562 million, representing a 5% increase at fixed exchange rates compared to the previous period (SEK 30,062 million). Revenues reached SEK 32,151 million, with a 1% growth at fixed exchange rates.
The company's adjusted EBITA was SEK 6,288 million with a margin of 19.6%, slightly up from 19.5%. Adjusted EBIT stood at SEK 5,741 million with a margin of 17.9%. The profit for the period reached SEK 4,297 million, with adjusted earnings per share of SEK 3.25. Free operating cash flow improved significantly to SEK 6,463 million, up from SEK 5,463 million.
Positive
- Order intake increased 5% at fixed exchange rates
- Adjusted EBITA margin improved to 19.6% from 19.5%
- Free operating cash flow increased by SEK 1 billion to SEK 6,463 million
- Profit for the period grew to SEK 4,297 million from SEK 4,259 million
Negative
- Revenue growth to 1% at fixed exchange rates
- Adjusted EBIT margin decreased to 17.9% from 18.0%
Details
News Market Reaction – SDVKY
The recorded move for SDVKY in the trading session of this news was +9.51%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Order intake SEK 31,562 million (30,062)
- Order intake, at fixed exchange rates, increased by
5% - Revenues
SEK 32,151 million (31,816) - Revenue growth, at fixed exchange rates increased by
1% - Adjusted EBITA
SEK 6,288 million (6,211) - Adjusted EBITA margin
19.6% (19.5) - Adjusted EBIT
SEK 5,741 million (5,738) - Adjusted EBIT margin
17.9% (18.0) - Adjusted profit before tax
SEK 5,377 million (5,107) - Profit for the period
SEK 4,297 million (4,259) - Adjusted profit for the period
SEK 4,084 million (4,047) - Earnings per share, diluted
SEK 3.42 (3.39) - Adjusted earnings per share, diluted
SEK 3.25 (3.22) - Free operating cash flow
SEK 6,463 million (5,463)
Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder).
A webcast and conference call will be held on January 23, 2025, at 10:00 AM CET. Information is available at home.sandvik/investors
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 and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at about 08:00 AM CET on January 23, 2025.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/sandvik/r/interim-report-fourth-quarter-2024,c4094924
The following files are available for download:
Interim report Q4 2024 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.