Fourth quarter 2019

Continuing operations

· Order intake 25,179 million SEK
· Revenues 26,583 million SEK
· Operating profit 744 million SEK
· Operating margin 2.8%
· Adjusted operating profit 5,066 million SEK
· Adjusted operating margin 19.1%
· Profit after financial items 471 million SEK
· Adjusted profit after financial items 4,792 million SEK
· Earnings per share -0.06 SEK
· Adjusted earnings per share 3.21 SEK
· Cash flow from operations 5,826 million SEK

Discontinued operations

· Order intake 1 million SEK
· Revenues 15 million SEK
· Operating profit -61 million SEK

Group Total

· Order intake 25,179 million SEK
· Revenues 26,598 million SEK
· Operating profit 684 million SEK
· Operating margin 2.6%
· Adjusted operating profit 5,005 million SEK
· Adjusted operating margin 18.8%
· Profit after financial items 409 million SEK
· Adjusted profit after financial items 4,731 million SEK
· Earnings per share -0.11 SEK
· Adjusted earnings per share 3.16 SEK
· Cash flow from operations 5,768 million SEK
· Proposed dividend per share 4.50 SEK

Additional information may be obtained from Sandvik Investor Relations, phone +46 8 456 14 94 (Ann-Sofie Nordh), +46 8 456 11 94 (Anna Vilogorac).

A webcast and teleconference will be held on 21 January 2020 at 10:00 CET. Information is available at home.sandvik/investors (https://www.home.sandvik/en/investors/)

Stockholm, 21 January 2020

Sandvik Aktiebolag (publ)

Björn Rosengren

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 21 January 2020.

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Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas - tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2018, the Group had approximately 42,000 employees and revenues of about 100 billion SEK in more than 160 countries within continuing operations.

https://news.cision.com/sandvik/r/interim-report-fourth-quarter-2019,c3013528

https://mb.cision.com/Main/208/3013528/1177255.pdf

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