Sandvik: Interim report fourth quarter 2024

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%

STOCKHOLM, Jan. 23, 2025 /PRNewswire/ -- 

• 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

Stockholm, January 23, 2025

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:

https://mb.cision.com/Main/208/4094924/3219280.pdf

Interim report Q4 2024

 

View original content:https://www.prnewswire.com/news-releases/sandvik-interim-report-fourth-quarter-2024-302358357.html

SOURCE Sandvik

FAQ

What was Sandvik's (SDVKY) order intake growth in Q4 2024?

Sandvik's order intake grew by 5% at fixed exchange rates, reaching SEK 31,562 million in Q4 2024.

How much did Sandvik's (SDVKY) free operating cash flow improve in Q4 2024?

Sandvik's free operating cash flow improved to SEK 6,463 million from SEK 5,463 million, an increase of SEK 1 billion.

What was Sandvik's (SDVKY) adjusted EBITA margin in Q4 2024?

Sandvik's adjusted EBITA margin was 19.6% in Q4 2024, slightly up from 19.5% in the previous period.

What were Sandvik's (SDVKY) earnings per share in Q4 2024?

Sandvik reported diluted earnings per share of SEK 3.42 and adjusted diluted earnings per share of SEK 3.25 in Q4 2024.