Sandvik AB (SDVKY)
OTHER OTC:SDVKY
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Earnings Data
Report Date
Jul 22, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.46Last Year’s EPS
0.26Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial performance: record order intake, double‑digit organic growth across business areas, improved group margin within the corridor, strong cash generation and strategic product and acquisition progress. Major negatives were substantial currency headwinds that materially diluted margins and a weak quarter for Rock Processing driven by delivery timing and mix effects, plus continued volatility in tungsten/powder markets and some inventory buildup. Overall, the positives (strong demand, record orders, revenue acceleration, margin and cash flow strength, and strategic advances) outweigh the negatives, though currency and raw‑material volatility remain meaningful near‑term risks.Company Guidance
Record Order Intake and Strong Organic Growth
Total order intake reached an all-time high of SEK 36.8 billion (book-to-bill 120%). Total order intake grew 12% year-on-year and organic order intake grew 23%. This marked the fourth consecutive quarter of double-digit organic order growth and the eighth consecutive quarter of order growth.
Revenue Growth and Improved Profitability
Total revenues were SEK 30.7 billion, up 5% year-on-year with organic revenue growth of 15%. Adjusted EBITDA was just over SEK 6.1 billion, corresponding to a 20.0% margin (up from 19.7% prior year). Adjusted profit for the period increased to SEK 4.1 billion from SEK 3.8 billion.
Strong Free Operating Cash Flow and Leverage
Free operating cash flow was SEK 3.6 billion in the quarter with cash conversion of 62% for Q1; 12-month rolling cash conversion was 88%. Net financial debt fell to SEK 24 billion and net debt (including leases/pensions) was SEK 31 billion, representing ~0.8x 12-month rolling EBITDA.
Mining Demand and Record Mining Orders
Mining order intake passed SEK 19 billion for the first time in a single quarter. Mining total order intake increased 11% and organic order intake grew 22% (26% excluding major orders). Equipment orders were especially strong (+43% organic in equipment) and aftermarket also grew double-digits (+11%).
Machining Performance — Cutting Tools & Powder
Cutting tools orders grew 18% while revenues grew 10% organically, indicating strong demand and some preordering. Powder business more than doubled order intake in the quarter. Machining EBITA was SEK 2.8 billion with a margin of 22.9% (up from 21.0%), driven by price realization, higher volumes and cost savings.
Intelligent Manufacturing: Stand‑alone Momentum
Intelligent Manufacturing (first time as a stand-alone business area) showed reported order intake up 6% and organic growth of 11%, with a solid profitability margin of 20.7% (20.6% prior year). License and subscription sales grew (subscription still low single‑digit share but increasing).
Strategic Product Launches and Acquisitions
Launched EverPath (next‑generation toolpath platform) and two new Rock Processing cone crushers (400 and 600 series). Completed acquisitions of ThoroughTec Simulation (OEM‑agnostic mining simulators) and K&Y Diamond (monocrystalline diamond tools), strengthening digital, aftermarket and ultraprecision capabilities.
Working Capital and EPS Improvement
Net working capital improved to 28.1% (down 1.7 percentage points year‑on‑year on a 12‑month rolling basis). Adjusted EPS increased to SEK 3.27. Normalized tax rate was ~24%, within guided range after adjustments.
SDVKY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SDVKY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $42.87 | $42.68 | -0.45% |
Jan 27, 2026 | $38.02 | $39.08 | +2.79% |
Oct 20, 2025 | $28.62 | $29.70 | +3.77% |
Jul 16, 2025 | $23.62 | $24.04 | +1.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sandvik AB (SDVKY) report earnings?
Sandvik AB (SDVKY) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).
What is Sandvik AB (SDVKY) earnings time?
Sandvik AB (SDVKY) earnings time is at Jul 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SDVKY EPS forecast?
SDVKY EPS forecast for the fiscal quarter 2026 (Q2) is 0.46.