Strong broad-based demand, supply chain and pricing well managed, and important progress in shift to growth
Total order intake growth was 28%, and at fixed exchange rates 16%, of which organic 8%
Total revenue growth was 35% and at fixed exchange rates 22%, of which organic 13%
Excluding impact from Russia, orders and revenues grew organically by 14% and 17% respectively
HIGHER EARNINGS, AND SEQUENTIAL IMPROVEMENT ON COST/PRICE MITIGATION
Adjusted EBITA increased by 27%, corresponding to a margin of 20.1% (21.3).
Reported items affecting comparability of SEK -0.5 Bn, mainly related to wind-down in Russia
Adjusted profit for the period improved by 8% to SEK 3.9 Bn (3.6)
SEVERAL IMPORTANT STEPS IN OUR SHIFT TO GROWTH PRIORITIES
Secured the industry's largest BEV order and good traction on surface mining and automation
Expanded the round tools offering with completion of four round tools acquisitions
Successfully distributed Sandvik Materials Technology as Alleima
22%
Revenue growth at fixed exchange rates
20.1%
Adjusted EBITA margin
1.30
Financial net debt/EBITDA
Group total
2
STAYING AHEAD THROUGH INNOVATION
AUTOMINE® CONCEPT UG DRILL, THE SECOND TECHNOLOGY DEMONSTRATOR FOR THE FUTURE AUTONOMOUS MINING VISION
Battery electric, fully autonomous, twin-boom development drill rig capable of drilling without human interaction
Increased safety
Complete drilling autonomy
Synchronizes with drill plans from iSure and Deswik
Optimizes route using on board scanners
Drill an entire round without plugging in
Automatic boom collision avoidance
AI guided automatic drill bit changer
YOY MARKET
DEVELOPMENT
Mining
Engineering
Automotive
Energy
Infrastructure
Aerospace
revenue 2021
47%
21%
8%
3%
10%
4%
Percent of
Percent of
Q3 Y/Y*
revenue 2021
order intake
EUROPE
31%
+13%
NORTH
21%
+27%
AMERICA
ASIA
20%
+14%
AFRICA AND
11%
-13%
MIDDLE EAST
AUSTRALIA
11%
+12%
SOUTH
6%
+36%
AMERICA
(Continuing operations % of revenues 2021. Other e.g., consumer goods, electronics, chemical and miscellaneous accounted for 7% * Excluding Russia)
ORDER INTAKE AND REVENUES
MSEK
ORDER INTAKE
35,000
120,000
30,000
110,000
REPORTED (SEK M)
25,000
100,000
29,231
90,000
20,000
80,000
15,000
70,000
10,000
60,000
REVENUES
5,000
10,000
REPORTED (SEK M)
29,267
0
0
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
2018*
2019*
2020*
2021*
2022
ORDER INTAKE, REPORTED
ORDER INTAKE R12 (RIGHT AXIS)
REVENUES, REPORTED
REVENUES R12 (RIGHT AXIS)
5SANDVIK: Interim report on the third quarter 2022
Comments and numbers refer to continuing operations unless otherwise stated.
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Sandvik AB published this content on 17 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 October 2022 11:02:04 UTC.
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%).
SANDVIK AB 
