Sandvik reported strong figures in Q4 16, especially in the order intake and operating profitability. Order intake reached SEK22.0bn, corresponding to +8% organic growth due to improved demand in Mining and Machining Solutions. Revenues were flat in Q4 16 at SEK21.8bn. The operating margin reached 15% in Q4 16 versus 11.1% in Q4 15. Cash flow from operation was SEK4.4bn versus SEK3.4bn in Q4 15. EPS reached SEK1.68 in Q4 16 versus SEK-0.12 in Q4 15. The Board of Directors proposes a dividend
01 Feb 2017
Surge in Mining demand and overall profitability
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Surge in Mining demand and overall profitability
Sandvik AB (SVKB:FRA) | 0 0 0.9% | Mkt Cap: 185,022m
- Published:
01 Feb 2017 -
Author:
Lionel Pellicer -
Pages:
3
Sandvik reported strong figures in Q4 16, especially in the order intake and operating profitability. Order intake reached SEK22.0bn, corresponding to +8% organic growth due to improved demand in Mining and Machining Solutions. Revenues were flat in Q4 16 at SEK21.8bn. The operating margin reached 15% in Q4 16 versus 11.1% in Q4 15. Cash flow from operation was SEK4.4bn versus SEK3.4bn in Q4 15. EPS reached SEK1.68 in Q4 16 versus SEK-0.12 in Q4 15. The Board of Directors proposes a dividend