Sandvik AB

Equities

SAND

SE0000667891

Industrial Machinery & Equipment

Real-time Estimate Cboe Europe Other stock markets 03:18:20 2024-04-19 am EDT			5-day change	1st Jan Change
235.3 ^SEK	-1.92%		-1.34%	+8.12%

Apr. 18	Sandvik Lands SEK170 Million Order for Electric Rotary Drill Rigs in Mongolia	MT
Apr. 18	Sandvik Wins Order in Mongolia for Electric Rotary Drill Rigs	CI

Sandvik AB Reports Earnings Results for the Full Year Ended December 31, 2022

January 19, 2023 at 09:27 pm EST

Sandvik AB (publ) reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SEK 112,332 million compared to SEK 85,700 million a year ago. Net income was SEK 11,212 million compared to SEK 14,461 million a year ago.

Latest news about Sandvik AB

Sandvik Lands SEK170 Million Order for Electric Rotary Drill Rigs in Mongolia	Apr. 18	MT
Sandvik Wins Order in Mongolia for Electric Rotary Drill Rigs	Apr. 18	CI
Sandvik to Acquire German Aluminum Machining Company Almü	Apr. 09	MT
Sandvik AB (OM:SAND) agreed to acquire Almü Präzisions-Werkzeug Gmbh.	Apr. 08	CI
Jennifer Allerton Declines Re-Election as Board Member of Sandvik AB	Mar. 20	CI
EQ Resources Receives Equipment to Double Crushing Throughput for Mount Carbine Circuit	Mar. 19	MT
Sandvik Closes Purchase of US-based Cimquest	Mar. 04	MT
European companies cut jobs as economy sputters	Mar. 04	RE
Sandvik AB (OM:SAND) completed the acquisition of Cimquest, Inc.	Mar. 03	CI
Sandvik Lands SEK300 Million Mining Automation Order in Chile	Mar. 01	MT
Sweden’s Sandvik to Acquire US-Based Cimquest	Feb. 26	MT
Sandvik AB (OM:SAND) signed an agreement to acquire Cimquest, Inc.	Feb. 25	CI
ABB names new CEO to replace Bjorn Rosengren	Feb. 23	RE
SANDVIK : Integrating the FY23 numbers prompts a significant change to our forecasts.	Feb. 06
Sweden's Sandvik Closes Acquisition of Germany's pro-micron	Feb. 02	MT
Sandvik AB (OM:SAND) acquired Pro-Micron Gmbh.	Feb. 01	CI
SANDVIK : FY23: an expected set of numbers which confirms our reasonably optimistic stance	Jan. 26
Transcript : Sandvik AB, Q4 2023 Earnings Call, Jan 25, 2024	Jan. 25
Swedish Engineering Group Sandvik to Cut 1,100 Jobs in New Restructuring Program	Jan. 25	MT
Sandvik Posts Growth in FY23 Attributable Profit, Revenue	Jan. 25	MT
Sandvik AB Implements Restructuring Program to Continue to Strengthen Operational Efficiency	Jan. 25	CI
Sweden's Sandvik launches cost cutting programme as Q4 adjusted profit lags expectations	Jan. 25	RE
Sandvik AB Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 25	CI
Sandvik AB Proposes Dividend for 2023, Payable on May 7, 2024	Jan. 25	CI
Sandvik AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 25	CI

Chart Sandvik AB

Duration

Period

More charts

Company Profile

Sandvik AB is one of the world's leading manufacturers of machines-tools and industrial tools. Net sales (not including sold divisions) break down by family of products as follows: - machines and tools for mining and infrastructure (50.6%; No. 1 worldwide): drilling semi-trailers, rock perforation tools, excavators, lifting machines, etc.; - cutting tools and machine-tools (40.9%): intended for machining metals; - equipment for rock and mineral processing (8.5%): crushing and screening equipment, fixing tools, etc. Net sales are distributed geographically as follows: Sweden (1.9%), Europe (24.7%), North America (24.8%), Asia (18.6%), Australia and New Zealand (11.8%), Africa and Middle East (11.6%), and South America (6.6%).

Sector

Industrial Machinery & Equipment

Calendar

2024-04-22 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

SANDVIK : Integrating the FY23 numbers prompts a significant change to our forecasts.

February 06, 2024 at 04:50 am EST

More Strategies

Ratings for Sandvik AB

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

239.9 SEK

Average target price

237.4 SEK

Spread / Average Target

-1.02%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Industrial Machinery & Equipment

	1st Jan change	Capi.
SANDVIK AB	+8.12%	27.55B
ATLAS COPCO AB	+3.72%	78.11B
PARKER-HANNIFIN CORPORATION	+16.80%	69.1B
INGERSOLL RAND INC.	+15.05%	35.89B
XYLEM INC.	+11.19%	30.74B
FORTIVE CORPORATION	+8.90%	28.17B
FANUC CORPORATION	+2.85%	26.54B
TECHTRONIC INDUSTRIES CO. LTD.	+9.51%	24.39B
DOVER CORPORATION	+9.62%	23.16B
ALFA LAVAL AB	+3.12%	15.94B

Other Industrial Machinery & Equipment