Sandvik: STRONG EARNINGS INCREASE AND CONTINUED HIGH GROWTH

STRONG EARNINGS INCREASE AND CONTINUED HIGH GROWTH Fourth quarter: · Profit after financial items +23%, SEK 3,151 M · Order intake +19%*, SEK 18,965 M · Earnings per share +28%, SEK 1.85. · Cash flow -31%, SEK 1,526 M. Full year 2006: · Profit after financial items +26%, SEK 11,113 M. · Order intake +16%*, SEK 77,708 M. · Net profit for the period +27, SEK 8,107 M. · Earnings per share +30%, SEK 6.45. · Proposal for increased dividend of 3.25 SEK (2.70) and an extra distribution of 3.00 SEK per share. · New financial targets. *Percentage change compared to the same quarter in the preceding year at fixed exchange rates for comparable units. Additional information is available from Sandvik Investor Relations, +46 (0)26-26 10 23, or by e-mail to info.ir@sandvik.com A combined presentation and telephone conference will be held on 1 February at 2:00 p.m. at Operaterrassen in Stockholm. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/f.aspx?id=369986&fn=wkr0001.pdf The full report