Sandvik Interim report fourth quarter 2022

Rhea-AI Summary

On January 20, 2023, Sandvik Aktiebolag reported strong Q4 2022 results with an 11% revenue growth, reaching SEK 31,094 million. Order intake rose to SEK 30,751 million with a 3% growth at fixed exchange rates. Adjusted EBITA climbed to SEK 6,413 million, marking a 20.6% margin. Adjusted earnings per share increased to SEK 3.22, while a dividend of 5.00 SEK per share was proposed. Free operating cash flow was significantly improved at SEK 6,226 million, showcasing robust financial health for the company.

Positive

• 11% revenue growth to SEK 31,094 million.
• Adjusted EBITA increased to SEK 6,413 million with a margin of 20.6%.
• Adjusted earnings per share rose to SEK 3.22.
• Proposed dividend per share increased to 5.00 SEK.
• Free operating cash flow improved to SEK 6,226 million.

Negative

• None.

STOCKHOLM, Jan. 20, 2023 /PRNewswire/ --

Fourth quarter 2022

REVENUE GROWTH OF 11% AND RECORD PROFIT QUARTER

Continuing operations

• Order intake SEK 30,751 million (26,772)
• Order intake growth, at fixed exchange rates 3%
• Revenues SEK 31,094 million (25,311)
• Revenue growth, at fixed exchange rates 11%
• Adjusted EBITA SEK 6,413 million (5,043)
• Adjusted EBITA margin 20.6% (19.9)
• Adjusted EBIT SEK 5,977 million (4,798)
• Adjusted EBIT margin 19.2% (19.0)
• Adjusted profit before tax SEK 5,587 million (4,775)
• Profit for the period SEK 3,435 million (3,436)
• Adjusted profit for the period SEK 4,041 million (3,464)
• Earnings per share, diluted SEK 2.73 (2.73)
• Adjusted earnings per share, diluted SEK 3.22 (2.75)
• Free operating cash flow SEK 6,226 million (4,474)
• Proposed dividend per share 5.00 SEK (4.75)

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, 2023 at 10:00 CET. Information is available at home.sandvik/investors

Stockholm, January 20, 2023
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 CET on January 20, 2023.

The following files are available for download:

https://mb.cision.com/Main/208/3700562/1793247.pdf

Interim report Q4 2022

View original content:https://www.prnewswire.com/news-releases/sandvik-interim-report-fourth-quarter-2022-301726601.html

SOURCE Sandvik

FAQ

What were Sandvik's Q4 2022 revenue figures?

Sandvik reported Q4 2022 revenues of SEK 31,094 million, an 11% increase compared to the previous year.

What is the adjusted EBITA for Sandvik in Q4 2022?

The adjusted EBITA for Sandvik in Q4 2022 was SEK 6,413 million, with a margin of 20.6%.

What is the proposed dividend per share for Sandvik?

Sandvik proposed a dividend of 5.00 SEK per share for 2022.

How did Sandvik's order intake perform in Q4 2022?

Sandvik's order intake in Q4 2022 was SEK 30,751 million, showing a 3% growth at fixed exchange rates.

What is Sandvik's adjusted profit for the period in Q4 2022?

Sandvik's adjusted profit for the period in Q4 2022 was SEK 4,041 million.