Sandvik reported FY18 results showing record profits and revenues Order intake reached SEK102.4bn, +9% yoy change, led by the Mining division, and SEK25.6bn in Q4 18, corresponding to +6% yoy growth. Revenues reached SEK100.1bn, +11% yoy and SEK25.96bn in Q4 18, corresponding to +9% yoy growth. The adjusted operating profit reached SEK4,700m in Q4 18, corresponding to an 18.1% margin, and SEK18.6bn in 2018, corresponding to an 18.6% margin. The adjusted EPS reached SEK2.62 in Q4 18 (versus SE
23 Jan 2019
Solid Q4 despite a softening Asia
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Solid Q4 despite a softening Asia
Sandvik AB (SVKB:FRA) | 0 0 0.9% | Mkt Cap: 185,022m
- Published:
23 Jan 2019 -
Author:
Lionel Pellicer -
Pages:
3
Sandvik reported FY18 results showing record profits and revenues Order intake reached SEK102.4bn, +9% yoy change, led by the Mining division, and SEK25.6bn in Q4 18, corresponding to +6% yoy growth. Revenues reached SEK100.1bn, +11% yoy and SEK25.96bn in Q4 18, corresponding to +9% yoy growth. The adjusted operating profit reached SEK4,700m in Q4 18, corresponding to an 18.1% margin, and SEK18.6bn in 2018, corresponding to an 18.6% margin. The adjusted EPS reached SEK2.62 in Q4 18 (versus SE