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Interim report second quarter 2024: Sandvik

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Sandvik's Q2 2024 interim report shows mixed results. Order intake increased by 3% at fixed exchange rates to SEK 32,354 million, while revenues declined by 2% to SEK 31,419 million. The company's adjusted EBITA decreased to SEK 6,149 million, with a margin of 19.6%, down from 20.5% in the previous year. Adjusted EBIT also declined to SEK 5,688 million, with a margin of 18.1%. Despite these challenges, profit for the period increased to SEK 3,462 million, with earnings per share rising to SEK 2.76. Free operating cash flow decreased to SEK 4,198 million. The report indicates a slight decline in overall performance, with some positive aspects in order intake and profit growth.

Il rapporto intermedio di Sandvik per il secondo trimestre del 2024 mostra risultati misti. Gli ordini ricevuti sono aumentati del 3% a tassi di cambio costanti, raggiungendo 32.354 milioni di SEK, mentre i ricavi sono diminuiti del 2% a 31.419 milioni di SEK. L'EBITA rettificato dell'azienda è sceso a 6.149 milioni di SEK, con un margine del 19,6%, in calo rispetto al 20,5% dell'anno precedente. Anche l'EBIT rettificato è diminuito a 5.688 milioni di SEK, con un margine del 18,1%. Nonostante queste difficoltà, l'utile per il periodo è aumentato a 3.462 milioni di SEK, con l'utile per azione che è salito a 2,76 SEK. Il flusso di cassa operativo libero è diminuito a 4.198 milioni di SEK. Il rapporto indica una leggera flessione nelle prestazioni complessive, con alcuni aspetti positivi negli ordini ricevuti e nella crescita degli utili.

El informe interino de Sandvik para el segundo trimestre de 2024 muestra resultados mixtos. La entrada de pedidos aumentó un 3% a tipos de cambio constantes, alcanzando 32.354 millones de SEK, mientras que los ingresos disminuyeron un 2% a 31.419 millones de SEK. El EBITA ajustado de la empresa se redujo a 6.149 millones de SEK, con un margen del 19,6%, por debajo del 20,5% del año anterior. El EBIT ajustado también disminuyó a 5.688 millones de SEK, con un margen del 18,1%. A pesar de estos desafíos, las ganancias del período aumentaron a 3.462 millones de SEK, con las ganancias por acción alcanzando 2,76 SEK. El flujo de caja operativo libre se redujo a 4.198 millones de SEK. El informe indica un ligero declive en el rendimiento general, con algunos aspectos positivos en la entrada de pedidos y el crecimiento de las ganancias.

샌드빅의 2024년 2분기 중간 보고서는 혼합된 결과를 보여줍니다. 주문 수익은 고정 환율 기준으로 3% 증가하여 32,354백만 SEK에 달했으며, 수익은 2% 감소하여 31,419백만 SEK로 나타났습니다. 이 회사의 조정된 EBITA는 6,149백만 SEK로 감소하였으며, 마진은 19.6%로 전년도 20.5%에서 하락했습니다. 조정된 EBIT도 5,688백만 SEK로 감소하였으며, 마진은 18.1%입니다. 이러한 어려움에도 불구하고, 기간 이익은 3,462백만 SEK로 증가하였으며, 주당 수익은 2.76 SEK로 상승했습니다. 자유 운영 현금 흐름은 4,198백만 SEK로 감소했습니다. 보고서는 전체 성과가 다소 감소했음을 나타내지만, 주문 수익과 이익 성장에서 긍정적인 측면도 보입니다.

Le rapport intermédiaire de Sandvik pour le deuxième trimestre 2024 présente des résultats mitigés. Le carnet de commandes a augmenté de 3% à taux de change constants, atteignant 32 354 millions SEK, tandis que les revenus ont diminué de 2% à 31 419 millions SEK. L'EBITA ajusté de l'entreprise a diminué à 6 149 millions SEK, avec une marge de 19,6%, en baisse par rapport aux 20,5% de l'année précédente. L'EBIT ajusté a également baissé à 5 688 millions SEK, avec une marge de 18,1%. Malgré ces défis, le bénéfice pour la période a augmenté à 3 462 millions SEK, avec le bénéfice par action atteignant 2,76 SEK. Le flux de trésorerie opérationnel libre a diminué à 4 198 millions SEK. Le rapport indique un léger déclin des performances globales, avec quelques aspects positifs dans les carnets de commandes et la croissance des bénéfices.

Der Zwischenbericht von Sandvik für das zweite Quartal 2024 zeigt gemischte Ergebnisse. Der Auftragseingang stieg bei konstanten Wechselkursen um 3% auf 32.354 Millionen SEK, während die Umsätze um 2% auf 31.419 Millionen SEK zurückgingen. Das bereinigte EBITA des Unternehmens sank auf 6.149 Millionen SEK, mit einer Marge von 19,6%, nach 20,5% im Vorjahr. Auch das bereinigte EBIT ging auf 5.688 Millionen SEK zurück, mit einer Marge von 18,1%. Trotz dieser Herausforderungen stieg der Gewinn für den Zeitraum auf 3.462 Millionen SEK, während der Gewinn pro Aktie auf 2,76 SEK anstieg. Der freie operative Cashflow verringerte sich auf 4.198 Millionen SEK. Der Bericht zeigt einen leichten Rückgang der Gesamtleistung, mit einigen positiven Aspekten beim Auftragseingang und beim Gewinnwachstum.

Positive
  • Order intake increased by 3% at fixed exchange rates
  • Profit for the period increased to SEK 3,462 million from SEK 3,326 million
  • Earnings per share rose to SEK 2.76 from SEK 2.65
Negative
  • Revenue declined by 2% at fixed exchange rates
  • Adjusted EBITA decreased to SEK 6,149 million from SEK 6,599 million
  • Adjusted EBITA margin fell to 19.6% from 20.5%
  • Adjusted EBIT declined to SEK 5,688 million from SEK 6,109 million
  • Free operating cash flow decreased to SEK 4,198 million from SEK 4,578 million

STOCKHOLM, July 19, 2024 /PRNewswire/ -- 

  • Order intake SEK 32,354 million (31,660)
  • Order intake, at fixed exchange rates, increased by 3%
  • Revenues SEK 31,419 million (32,243)
  • Revenue growth, at fixed exchange rates declined by 2%
  • Adjusted EBITA SEK 6,149 million (6,599)
  • Adjusted EBITA margin 19.6% (20.5)
  • Adjusted EBIT SEK 5,688 million (6,109)
  • Adjusted EBIT margin 18.1% (18.9)
  • Adjusted profit before tax SEK 5,124 million (5,405)
  • Profit for the period SEK 3,462 million (3,326)
  • Adjusted profit for the period 3,897 million (4,085)
  • Earnings per share, diluted SEK 2.76 (2.65)
  • Adjusted earnings per share, diluted SEK 3.10 (3.25)
  • Free operating cash flow SEK 4,198 million (4,578)

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 July 19, 2024, at 2:00 PM CEST. Information is available at home.sandvik/investors

Stockholm, July 19, 2024

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 12:30 PM CEST on July 19, 2024.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sandvik/r/interim-report-second-quarter-2024,c4016954

The following files are available for download:

https://mb.cision.com/Main/208/4016954/2922187.pdf

Interim report Q2 2024

 

Cision View original content:https://www.prnewswire.com/news-releases/interim-report-second-quarter-2024-sandvik-302201603.html

SOURCE Sandvik

FAQ

What was Sandvik's (SDVKY) order intake for Q2 2024?

Sandvik's order intake for Q2 2024 was SEK 32,354 million, representing a 3% increase at fixed exchange rates compared to the previous year.

How did Sandvik's (SDVKY) revenue perform in Q2 2024?

Sandvik's revenue for Q2 2024 was SEK 31,419 million, showing a 2% decline at fixed exchange rates compared to the same period last year.

What was Sandvik's (SDVKY) adjusted EBITA margin in Q2 2024?

Sandvik's adjusted EBITA margin for Q2 2024 was 19.6%, down from 20.5% in the previous year.

How much was Sandvik's (SDVKY) earnings per share in Q2 2024?

Sandvik's diluted earnings per share for Q2 2024 was SEK 2.76, an increase from SEK 2.65 in the same quarter of the previous year.

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