Interim report third quarter 2010.


Interim report third quarter 2010.

CONTINUED GROWTH AND STRONG CASH FLOW


  · Order intake SEK 21,523 M
  · Invoiced sales SEK 20,241 M
  · Operating profit SEK 2,532 M
  · Operating margin 12.5%
  · Cash flow from operations SEK +3,978 M 

 

Accounting policies
This interim report was prepared in accordance with IFRS, applying IAS
34, Interim Financial Reporting. The same accounting and valuation
policies were applied as in the most recent annual report. New standards
and interpretations effective from 1 January 2010 have not had any
significant impact on Sandvik's financial statements. 

The phrase “Minority interest” has been changed in the financial
statements to the new designation “Non-controlling interest” according
to revised IFRS 3 Business Combinations and amended IAS 27 Consolidated
and Separate Financial Statements. 

The report for the fourth quarter 2010 will be published on 2 February
2011. Additional information may be obtained from Jan Lissåker, Sandvik
Investor Relations at tel. +46 26 26 10 23 or by e-mailing
info.ir@sandvik.com (info.ir@sandvik.com).

A combined presentation and teleconference will be held on 29 October
2010 at 14.00 CET at Operaterrassen in Stockholm. Information is
available at www.sandvik.com/ir.

 

Sandviken 29 October 2010 

Sandvik Aktiebolag (publ)
Lars Pettersson
President and CEO

 

Sandvik discloses the information provided herein pursuant to the
Securities Market Act. The information is submitted for publication on
29 October  2010 at 08.00 am CET.


Attachments

10282175.pdf