Sandvik Reports Strong Performance in First Quarter 2025 with Increased Revenues and Order Intake

Sandvik's First Quarter Report for 2025: A Financial Overview

On April 16, 2025, Sandvik AB published its interim financial results for the first quarter, revealing robust growth and a positive outlook moving forward. The company reported an impressive order intake of SEK 32,763 million, an increase from SEK 31,981 million in the previous year, marking a remarkable 3% increase when assessed at fixed exchange rates. This growth is indicative of Sandvik's strong market presence and the demand for its innovative offerings.

In terms of revenue, Sandvik observed revenues of SEK 29,301 million, slightly surpassing last year's figure of SEK 29,002 million. The revenue growth expressed as a percentage, at fixed exchange rates, rose by 2%, demonstrating the company’s ability to maintain stability in challenging market dynamics.

Financially, Sandvik’s Adjusted Earnings Before Interest, Taxes, and Amortization (EBITA) reached SEK 5,768 million, compared to SEK 5,281 million from the year prior. This marked an impressive increase in the EBITA margin, which now stands at 19.7%, up from 18.2%. Furthermore, Adjusted EBIT increased to SEK 5,262 million, translating into an EBIT margin of 18.0%, up from 16.6%. These metrics showcase Sandvik’s operational efficiency and financial strength.

The report also highlighted a significant rise in profit before tax, which reached SEK 4,966 million, up from SEK 4,317 million. In terms of net earnings, the company reported a profit for the period of SEK 3,736 million, starkly higher than last year's one-time figure of SEK 1,247 million. After adjustments, the profit for the period remained strong at SEK 3,782 million, compared to SEK 3,281 million in the previous year. Diluted earnings per share increased to SEK 2.97, significantly up from SEK 0.99 in Q1 2024, reinforcing the value of Sandvik's shares in the market. Adjusted diluted earnings per share also reflected growth, hitting SEK 3.01, compared to last year's SEK 2.61.

The company’s free operating cash flow has remained steady, recorded at SEK 3,809 million, which shows Sandvik's ability to generate cash, providing further financial stability for future investments and growth initiatives.

CEO Stefan Widing expressed his satisfaction with the quarterly outcomes, stating that