Sandvik reports on 4Q16
Published by Rebecca Bowden,
Assistant Editor
World Cement,
Sandvik has released its interim report for 4Q16, indicating a strong quarter with “growth, margin expansion, increased earnings and a strong cash flow,” according to CEO, Bjorn Rosengren.
Continuing operations
- Order intake SEK21 993 million
- Revenues SEK21 817 million
- Operating profit SEK3 277 million
- Operating margin 15.0%
- Profit after financial items SEK2860 million
- Earnings per share SEK1.68
- Cash flow from operations SEK4 363 million
Discontinued operations
- • Order intake SEK718 million
- Revenues SEK718 million
- Operating profit SEK-239 million
Group Total
- Order intake SEK22 711 million
- Revenues SEK22 535 million
- Operating profit SEK3038 million
- Operating margin 13.5%
- Earnings per share SEK1.48
- Cash flow from operations SEK4195 million
Proposed dividend
- Proposed dividend for 2016: SEK2.75 per share
Read the article online at: https://www.worldcement.com/the-americas/01022017/sandvik-reports-on-4q16/
You might also like
Cemex and MPP collaborate to accelerate decarbonisation projects
Cemex and the Mission Possible Partnership (MPP) are collaborating to conduct an analysis of the potential of decarbonisation levers at Cemex’s Balcones cement plant in Texas.