Second quarter 2022

DELIVERING ON THE SHIFT, 25% REVENUE GROWTH AT FIXED FX

Continuing operations

- Order intake SEK 28,740 million (21,816)

- Order intake growth, at fixed exchange rates 22%

- Revenues SEK 27,050 million (20,136)

- Revenue growth, at fixed exchange rates 25%

- Adjusted EBITA SEK 5,141 million (4,192)

- Adjusted EBITA margin 19.0% (20.8)

-Adjusted EBIT SEK 4,794 million (4,093)

- Adjusted EBIT margin 17.7% (20.3)

- Adjusted profit before tax SEK 4,812 million (3,965)

- Profit for the period SEK 2,627 million (3,159)

- Adjusted profit for the period SEK 3,694 million (2,999)

- Earnings per share, diluted SEK 2.10 (2.52)

-Adjusted earnings per share, diluted SEK 2.95 (2.39)

- Free operating cash flow SEK -49 million (2,945)

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 July 15, 2022 at 13:00 CEST. Information is available at home.sandvik/investors

Stockholm

Sandvik Aktiebolag (publ)

Stefan Widing

President and CEO

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE