Interim report fourth quarter 2021

Rhea-AI Summary

Sandvik, in its Fourth Quarter 2021 report, noted a strong order intake of SEK 30,902 million, with organic growth of 23%. Total revenue grew to SEK 29,128 million, representing a 14% organic growth rate. The adjusted EBITA reached SEK 5,354 million, with a margin of 18.4%. Net profit for the period was SEK 3,870 million. The company proposed a dividend of 4.75 SEK per share. Despite strong overall performance, EBITA margin decreased from 20.5% in Q4 2020 to 18.4%.

Positive

• Order intake increased to SEK 30,902 million, up from SEK 22,051 million.
• Organic growth of 23%, indicating strong market demand.
• Revenue growth to SEK 29,128 million, up from SEK 22,408 million.
• Adjusted EBITA rose to SEK 5,354 million, with a strong EBIT margin at 17.7%.
• Net profit for the period improved to SEK 3,870 million.

Negative

• EBITA margin decreased from 20.5% to 18.4%, indicating potential efficiency issues.
• Free operating cash flow declined to SEK 4,604 million from SEK 5,941 million.

SANDVIKEN, Sweden, Jan. 20, 2022 /PRNewswire/ -- Fourth quarter 2021

Continuing operations       

• Order intake SEK 30,902 million (22,051)
• Organic growth 23%
• Total order intake growth, at fixed exchange rates 36%
• Revenues SEK 29,128 million (22,408)
• Organic growth 14%
• Total revenue growth, at fixed exchange rates 26%
• Adjusted EBITA SEK 5,354 million (4,602)
• Adjusted EBITA margin 18.4% (20.5)
• EBIT SEK 5,163 million (3,487)
• EBIT margin 17.7% (15.6)
• Adjusted EBIT SEK 5,106 million (4,505)
• Adjusted EBIT margin 17.5% (20.1)
• Adjusted profit before tax SEK 5,214 million (4,424)
• Profit for the period SEK 3,870 million (2,633)
• Adjusted profit for the period SEK 3,841 million (3,358)
• Earnings per share, diluted SEK 3.07 (2.10)
• Adjusted earnings per share, diluted SEK 3.05 (2.67)
• Free operating cash flow SEK 4,604 million (5,941)
• Proposed dividend per share 4.75 SEK (4.50 +2.00)

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 20, 2022 at 10:00 AM CET. Information is available at home.sandvik/investors.

Stockholm, January 20, 2022

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 08.00 AM CET on January 20, 2022.

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Interim report fourth quarter 2021

 

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SOURCE Sandvik

FAQ

What were Sandvik's order intake figures for Q4 2021?

Sandvik reported an order intake of SEK 30,902 million for Q4 2021.

What is Sandvik's revenue growth for the fourth quarter of 2021?

Sandvik's revenue grew to SEK 29,128 million, representing a 14% organic growth.

How much was Sandvik's adjusted EBITA in Q4 2021?

Sandvik's adjusted EBITA for Q4 2021 was SEK 5,354 million.

What is the proposed dividend per share by Sandvik for Q4 2021?

Sandvik proposed a dividend of 4.75 SEK per share for Q4 2021.

What was the net profit for Sandvik in the fourth quarter of 2021?

The net profit for Sandvik in Q4 2021 was SEK 3,870 million.