Sandvik Machining Solutions

Revenue, MSEK, operating margin and
adjusted operating margin, %

Sandvik Machining Solutions is a market-leading manufacturer of tools and tooling systems for advanced industrial metal cutting. Order intake for the business area amounted to 40,720 million SEK (36,636), an increase of 6 percent at fixed exchange rates for comparable units. Revenue totaled 40,343 million SEK (35,777), up 8 percent at fixed exchange rates for comparable units. The operating margin was 24.5 percent (23.5) of revenues and the adjusted operating margin was 25.6 percent (23.5) of revenues. Sandvik Machining Solutions continued to benefit from a strong market with good momentum carried over from 2017. The business area focused on efficiency and cost measures such as operational excellence to facilitate a continued strong performance.