In the fourth quarter, Sandvik (SDVKF.PK, SDVKY.PK) posted a profit of 4.30 billion Swedish kronor, slightly up from 4.26 billion kronor the previous year. The diluted earnings per share stood at 3.42 kronor, compared to 3.39 kronor a year ago. When adjusted, the diluted earnings per share were 3.25 kronor, up from 3.22 kronor.
Total revenues for the fourth quarter saw a 1% increase from the previous year, reaching 32.15 billion Swedish kronor. Revenue growth at fixed exchange rates was also 1%, though the organic growth remained stable. The total order intake rose by 5% year-on-year, totaling 31.56 billion Swedish kronor. At constant exchange rates, orders grew by 5%, with a 4% organic increase.
For the entire year of 2024, profits amounted to 12.24 billion Swedish kronor, down from 15.30 billion kronor in the previous year. Diluted earnings per share were 9.75 kronor, compared to 12.18 kronor a year earlier. Adjusted diluted earnings per share decreased by 6%, amounting to 11.90 kronor. Annual revenue was 122.88 billion kronor, marking a 3% decrease from the previous year.
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