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Sandvik AB ( (SE:SAND) ) just unveiled an announcement.
Sandvik reported a strong start to 2026, with total order intake up 12% to SEK 36.8 billion and revenues up 5% to SEK 30.7 billion, translating to 23% organic order growth and 15% organic revenue growth. Adjusted EBITA rose 6% to SEK 6.1 billion, lifting the margin to 20.0%, while profit for the period edged up to SEK 3.9 billion and free operating cash flow reached SEK 3.6 billion despite currency headwinds.
Across its businesses, Sandvik saw robust, broad-based demand, led by mining where organic orders grew 22% and automation and digital solutions such as AutoMine® and My Sandvik Geo gained traction. Rock Processing returned to growth in equipment on a recovering infrastructure market, while Machining posted exceptional 28% organic order growth, helped by strong aerospace, defense and medical demand and a rally in tungsten prices that boosted its vertically integrated powder business.
The newly carved-out Intelligent Manufacturing unit also delivered 11% organic order and revenue growth, with high-double-digit subscription expansion as Sandvik shifts its industrial software model toward recurring revenue. Strategic acquisitions in simulation, ultra-precision diamond tools and software resellers, together with new product launches in drilling, crushing and digital services, underscore management’s push to reinforce market leadership and build a more resilient, higher-margin portfolio amid an uncertain macro backdrop.
The most recent analyst rating on (SE:SAND) stock is a Buy with a SEK450.00 price target. To see the full list of analyst forecasts on Sandvik AB stock, see the SE:SAND Stock Forecast page.
More about Sandvik AB
Sandvik AB is a Swedish engineering group focused on mining and rock excavation equipment, rock processing solutions, metal cutting tools and industrial software. The company serves mining, infrastructure, manufacturing, aerospace, defense and medical sectors, with a growing emphasis on digital solutions, automation and battery-electric vehicles to strengthen its competitive position globally.
Average Trading Volume: 2,594,435
Technical Sentiment Signal: Buy
Current Market Cap: SEK500.2B
For an in-depth examination of SAND stock, go to TipRanks’ Overview page.