Sandvik Reports Strong Results for Second Quarter 2026
Sandvik AB announced a significant increase in order intake and revenues for the second quarter of 2026. The company's profitability also improved compared to the previous year.
Swedish industrial group Sandvik AB reported strong financial results for the second quarter of 2026 on Thursday, July 17. The company's order intake reached SEK 37.8 billion, representing a 17% organic increase year-on-year. Revenues grew by 23% to SEK 36.8 billion.
Profitability saw a marked improvement. The adjusted EBITA margin stood at 22.6%, up from 19.0% in the same period last year. Adjusted operating profit increased to SEK 7.9 billion. Profit before tax was SEK 7.6 billion, with the adjusted profit for the period amounting to SEK 5.8 billion.
President and CEO Stefan Widing commented on the mid-year 2026 performance in the company's interim report. Sandvik's performance was driven by robust demand and increased market share across several business segments.
However, free operating cash flow decreased to SEK 3.6 billion compared to the previous year. Sandvik continues to invest in its global production capacity and the development of new technologies.