Sandvik - Interim Report Third Quarter 2020

Rhea-AI Summary

Sandvik reported its third quarter 2020 results, showcasing strong financial performance. Key highlights include an order intake of 19,909 million SEK and revenues of 20,145 million SEK. The operating profit stood at 3,459 million SEK, with an operating margin of 17.2%. Profit after financial items reached 3,988 million SEK. Earnings per share were 2.54 SEK, indicating financial stability.

Positive

• Order intake: 19,909 million SEK
• Revenues: 20,145 million SEK
• Operating profit: 3,459 million SEK
• Operating margin: 17.2%
• Profit after financial items: 3,988 million SEK
• Earnings per share: 2.54 SEK
• Cash flow from operations: 4,845 million SEK

Negative

• Discontinued operations reported operating profit of -3 million SEK
• Adjusted earnings per share: 2.09 SEK, lower than standard EPS

STOCKHOLM, Oct. 16, 2020 /PRNewswire/ --

Third quarter 2020

Continuing operations         

• Order intake 19,909 million SEK
• Revenues 20,145 million SEK
• Operating profit 3,459 million SEK 
• Operating margin 17.2% 
• Adjusted operating profit 3,493 million SEK 
• Adjusted operating margin 17.3% 
• Profit after financial items 3,988 million SEK 
• Adjusted profit after financial items 3,436 million SEK 
• Earnings per share 2.54 SEK   
• Adjusted earnings per share 2.09 SEK   
• Cash flow from operations 4,845 million SEK

Discontinued operations           

• Order intake 0 million SEK 
• Revenues 0 million SEK   
• Operating profit -3 million SEK

Group Total           

• Order intake 19,909 million SEK 
• Revenues 20,146 million SEK           
• Operating profit 3,456 million SEK           
• Operating margin 17.2%            
• Adjusted operating profit 3,491 million SEK           
• Adjusted operating margin 17.3%           
• Profit after financial items 3,986 million SEK           
• Earnings per share 2.54 SEK           
• Adjusted earnings per share 2.09 SEK
• Cash flow from operations 4,840 million SEK

Additional information may be obtained from
Sandvik Investor Relations
phone +46-79-060-87-17 (Emelie Alm).

A webcast and teleconference will be held on 16 October 2020 at 13:00 CEST. 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. The information was submitted for publication, through the agency of the contact person set out above, at about 11.30 CEST on 16 October 2020.

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

https://news.cision.com/sandvik/r/interim-report-third-quarter-2020,c3216880

The following files are available for download:

https://mb.cision.com/Main/208/3216880/1319964.pdf

Interim Report Third Quarter 2020

Contact:
Martin Blomgren
+46-8-456-13-26
martin.blomgren@sandvik.com
Press and media relations manager  

View original content:http://www.prnewswire.com/news-releases/sandvik---interim-report-third-quarter-2020-301153955.html

SOURCE Sandvik

FAQ

What were Sandvik's revenues in Q3 2020?

Sandvik reported revenues of 20,145 million SEK in Q3 2020.

What is Sandvik's order intake for the third quarter of 2020?

The order intake for Q3 2020 was 19,909 million SEK.

What is Sandvik's operating margin for Q3 2020?

The operating margin for Q3 2020 was 17.2%.

How much was Sandvik's profit after financial items in Q3 2020?

Profit after financial items in Q3 2020 was 3,988 million SEK.

What was Sandvik's cash flow from operations in Q3 2020?

Sandvik reported a cash flow from operations of 4,845 million SEK in Q3 2020.

What are the adjusted earnings per share for Sandvik in Q3 2020?

The adjusted earnings per share for Q3 2020 were 2.09 SEK.