Sandvik AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 29,267 million compared to SEK 21,725 million a year ago. Net loss was SEK 239 million compared to net income of SEK 3,913 million a year ago. Basic earnings per share from continuing operations was SEK 2.71 compared to SEK 2.87 a year ago. Diluted earnings per share from continuing operations was SEK 2.71 compared to SEK 2.87 a year ago.
For the nine months, sales was SEK 81,238 million compared to SEK 60,389 million a year ago. Net income was SEK 7,764 million compared to SEK 10,603 million a year ago. Basic earnings per share from continuing operations was SEK 7.51 compared to SEK 7.69 a year ago. Diluted earnings per share from continuing operations was SEK 7.5 compared to SEK 7.68 a year ago. Basic earnings per share was SEK 6.2 compared to SEK 8.45 a year ago. Diluted earnings per share was SEK 6.19 compared to SEK 8.44 a year ago.