PR Newswire | Mar 17, 2021 04:48AM EDT

Sandvik Rock Processing Solutions

03/17 03:47 CDT

Sandvik provides proforma numbers for Sandvik Mining and Rock Solutions and Sandvik Rock Processing Solutions SANDVIKEN, Sweden, March 17, 2021

SANDVIKEN, Sweden, March 17, 2021 /PRNewswire/ -- On October 16, 2020, Sandvik announced that a decision had been made to establish a new business area: Sandvik Rock Processing Solutions (SRP), consisting of the Crushing and Screening division, which previously was part of the business area Sandvik Mining and Rock Technology. At the same time, it was announced that Sandvik Mining and Rock Technology would change name to Sandvik Mining and Rock Solutions (SMR). The new structure was effective on January 1, 2021.

Sandvik Mining and Rock Solutions

FY2020

Q12020 Q22020 Q32020 Q42020

34,832Order intake 8,598 8,400 8,519 9,314

1Organic growth, order intake, % -7 -7 4 17

33,572Revenues 8,244 7,899 8,399 9,031

61 o/w aftermarket, % 65 62 60 58

39 o/w equipment, % 35 38 40 42

-4Organic growth, revenues, % -2 -11 -1 -1

6,400Operating profit 1,453 934 1,820 2,192

19.1% of revenues 17.6 11.8 21.7 24.3

6,885Adjusted operating profit* 1,453 1,601 1,820 2,011

20.5% of revenues 17.6 20.3 21.7 22.3

29.6Net working capital, % 31.3 33.5 30.8 25.7

29.2Return on capital employed, % 25.5 16.7 32.9 41.7

12,442No. of employees 12,440 11,741 11,972 12,442

*Adjusted for items affecting comparability

Sandvik Rock Processing Solutions

FY2020

Q12020 Q22020 Q32020 Q42020

6,571Order intake 1,973 1,373 1,614 1,612

-11Organic growth, order intake, % -15 -23 -3 1

6,459Revenues 1,531 1,590 1,536 1,802

52 o/w aftermarket, % 56 49 54 50

48 o/w equipment, % 44 51 46 50

-9Organic growth, revenues, % -15 -16 -6 0

990Operating profit 208 232 263 288

15.3% of revenues 13.6 14.6 17.1 16.0

1,038Adjusted operating profit* 208 232 263 335

16.1% of revenues 13.6 14.6 17.1 18.6

20.9Net working capital, % 23.9 22.7 22.1 16.7

21.9Return on capital employed, % 17.6 19.8 23.5 26.9

1,736No. of employees 1,797 1,636 1,690 1,736

*Adjusted for items affecting comparability

Stockholm, March 17, 2021

Sandvik AB

For further information, contact Louise Tjeder, Vice President Investor Relations, phone: +46 70 782 6374 or Johannes Hellstrm, Press and Media Relations Manager, phone: +46 79 098 2670.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sandvik/r/sandvik-provides-proforma-numbers-for-sandvik-mining-and-rock-solutions-and-sandvik-rock-processing-,c3307971

The following files are available for download:

https://mb.cision.com/ Sandvik provides proforma numbers for Sandvik MiningMain/208/3307971/ and Rock Solutions and Sandvik Rock Processing1388063.pdf Solutions

View original content: http://www.prnewswire.com/news-releases/sandvik-provides-proforma-numbers-for-sandvik-mining-and-rock-solutions-and-sandvik-rock-processing-solutions-301249185.html

SOURCE Sandvik