Sandvik reports on 4Q16

Published by Rebecca Bowden, Assistant Editor
World Cement, Wednesday, 01 February 2017 09:18

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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