Guidance
In this section
Sandvik does not provide a market outlook or business performance forecasts. However, guidance relating to certain non-operational key figures considered useful when modeling financial outcome is provided in the table below.
Guidance for Q4, 2026
| Currency effects | Based on currency rates per September 30, it is estimated that transaction and translation currency effects will have an impact of SEK +0.6 billion on adjusted EBITA for the fourth quarter of 2026, compared with the year-earlier period. |
|---|---|
| Temporary timing effect from tungsten price development |
Based on tungsten prices per September 30, the effect is estimated to have a limited impact on adjusted EBITA for the fourth quarter of 2026, compared with the year-earlier period |
| Tariff refund | Estimated impact on order intake and revenues SEK -0.4 billion for the fourth quarter of 2026. No impact on absolute adjusted EBITA |
| Capex (cash) | Estimated at SEK 4.0-4.5 billion for 2026. |
| Interest net | Estimated at SEK -0.7 billion for 2026. |
| Tax rate | Estimated at 23-25% for 2026, normalized. |