Sandvik AB -- Report on the First Quarter 2003


SANDVIKEN, Sweden, May 05, 2003 (PRIMEZONE) -- Sandvik AB (Other OTC:SDVKY):

- Profit after financial items: SEK 1,281 M -- stable despite negative currency effects

- Invoicing: SEK 12,080 M, up 2% . Order intake: SEK 13,420 M, up 5%

- Cash flow: SEK 1,428 M before investments


Sandvik AB (publ)
Lars Pettersson President and CEO
For additional information, call +46 (0)26-26 10 01.

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/05/05/20030505BIT00400/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2003/05/05/20030505BIT00400/wkr0002.pdf

The full report