Development in business areas

Sandvik operations consist of three business areas: Sandvik Machining Solutions, Sandvik Mining and Rock Technology and Sandvik Materials Technology.

Sandvik’s order intake amounted to 102,440 million SEK (95,444), an increase of 9 percent at fixed exchange rates for comparable units. Revenue totaled 100,072 million SEK (90,827), up 11 percent at fixed exchange rates for comparable units. This was the result of a broad-based improvement in all business areas.

On the back of increased demand, improved cost control and ongoing efficiency programs, Sandvik improved the profitability compared to last year.