Guidance

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.

Guidance related to continuing operations, Q1 2021
CAPEX (cash) Estimated at SEK <4.0 billion for 2021.
Currency effects Based on currency rates at the end of March 2021, it is estimated that transaction and translation currency effects will have an impact of about SEK -350 million on operating profit for the second quarter of 2021, compared with the year-earlier period.
Metal prices effects In view of currency rates, inventory levels and metal prices at the end of March 2021, it is estimated that there will be an impact of about SEK +50 million on operating profit in Sandvik Materials Technology for the second quarter of 2021.
Interest net Estimated at about SEK -0.4 billion in 2021.
Normalized tax rate Estimated at 22% - 24% for 2021, excluding items affecting comparability