Jump to content

You are now visiting the Sandvik Group website in English. Would you like to switch to another language site with selected content translated?

Report on the second quarter 2006

President's comment:

"The business climate remained good during the second quarter and growth was favorable. The increase in profit was primarily attributable to higher capacity utilization, an improved product mix and increased productivity. Invoicing increased by a total of 11% to SEK 17.9 billion, the operating margin increased to 16.8% and earnings per share rose by 33%.

It was positive that the profit margin increased within all business areas through a focus on increased customer care, a better product mix and greater internal efficiency. The positive price effect offset the higher raw materials costs. It was also gratifying that we acquired three companies that give Sandvik a strong position in an attractive new application area, mineral exploration," says Lars Pettersson, Sandvik's President and CEO.

We would like your consent

Sandvik and our vendors use cookies (and similar technologies) to collect and process personal data (such as device identifiers, IP addresses, and website interactions) for essential site functions, analyzing site performance, personalizing content, and delivering targeted ads. Some cookies are necessary and can’t be turned off, while others are used only if you consent. The consent-based cookies help us support Sandvik and individualize your website experience. You may accept or reject all such cookies by clicking the appropriate button below. You can also consent to cookies based on their purposes via the manage cookies link below. Visit our cookie privacy policy for more details on how we use cookies.