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Sandvik: Interim Report Fourth Quarter 2020

Revenues 22,408 million SEK
Operating profit 3,487 million SEK
Operating margin 15.6%
Adjusted operating margin 20.1%
Adjusted profit after net financial items 4,424 million SEK
Profit for the period 2,633 million SEK
Earnings per share 2.10 SEK
Adjusted earnings per share 2.68 SEK
Cash flow from operations 5,228 million SEK
Discontinued operations
Group Total
Revenues 22,412 million SEK
Operating profit 3,474 million SEK
Operating margin 15.5%
Adjusted operating margin 20.0%
Earnings per share 2.09 SEK
Adjusted earnings per share 2.67 SEK
Cash flow from operations 5,227 million SEK
Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder) or phone +46 79 060 87 17 (Emelie Alm).
A webcast and teleconference will be held on 21 January 2021 at 10:00 CET. Information is available at home.sandvik/investors ....

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Sandvik invests in leading AI-powered manufacturing software provider Oqton

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SANDVIKEN, Sweden, Jan. 15, 2021 /PRNewswire/ Sandvik has acquired a minority stake in the privately owned American software company Oqton, a leading provider of AI-powered manufacturing solutions that allows manufacturers to manage, optimize, and automate their manufacturing workflows.
This investment is in line with our strategic agenda to broaden our offering in digital manufacturing. We are looking forward to working with Oqton and finding ways to expand our offering for increased customer productivity by creating new products that take advantage of Sandvik s extensive know-how about manufacturing processes and Oqton s AI-powered manufacturing solutions , says Stefan Widing, President and CEO of Sandvik. ....

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Sandvik Lauded by Frost & Sullivan for Enabling Automation and Digitalization in Underground and Surface Mining with its AutoMine and OptiMine Portfolio

Sandvik Lauded by Frost & Sullivan for Enabling Automation and Digitalization in Underground and Surface Mining with its AutoMine and OptiMine Portfolio
Fleet. The AutoMine
Tele-Remote offers a significant advantage over peer solutions in being easy to install, operate, and manage. Similarly, the AutoMine
Lite and AutoMine
Multi-Lite offer added advantages by handling repeated tasks autonomously in applications like sub-level open stopping, caving, and transfer levels. AutoMine
Fleet is an advance high-end solution for mass-mining and truck haulage with automated mission control and fleet traffic control. Overall, the offering improves fleet utilization, ensuring constant performance improvements and optimum workforce usage.
AutoMine ....

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