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/
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