Year highlights
- Stable financial performance in a challenging market. Solid momentum in mining and favorable demand for our software offerings.
- A high number of product innovations in strategic areas such as electrification, automation, digital manufacturing and AI.
- Expansion into the fast-growing local premium market in China with the acquisition of cutting tools manufacturer Suzhou Ahno. We also strengthened our mining automation offering with the acquisition of Universal Field Robots.
- Good progress towards our target to increase our digital offering to SEK 6.5 billion by 2025. Full year revenues exceeded SEK 5 billion.
- A new restructuring program contributed significantly to the year-end result.
- We introduced a global parental leave benefit to support our employees’ work-life balance.
MSEK |
2023 |
2024 |
||||||
|---|---|---|---|---|---|---|---|---|
Order intake, MSEK |
125,011 |
124,694 |
||||||
Revenues, MSEK |
126,503 |
122,878 |
||||||
EBITA, MSEK |
24,530 |
20,493 |
||||||
EBITA margin % |
19.4 |
16.7 |
||||||
Adjusted EBITA1), MSEK |
25,240 |
23,583 |
||||||
Adjusted EBITA margin1), % |
20.0 |
19.2 |
||||||
Free operating cash flow, MSEK |
19,582 |
21,194 |
||||||
Return on capital employed, % |
16.4 |
13.4 |
||||||
Return on capital employed, excl. amortizations of surplus values, % |
17.9 |
14.8 |
||||||
Earnings per share, diluted, SEK |
12.18 |
9.75 |
||||||
Adjusted earnings per share, diluted, SEK1) |
12.69 |
11.90 |
||||||
Number of employees2) |
40,877 |
41,447 |
||||||
Greenhouse gas emissions (Scope 1–2), ktons |
145 |
148 |
||||||
Waste circularity, % |
73 |
74 |
||||||
Total Recordable Injury Frequency Rate (TRIFR)3) |
3.2 |
3.0 |
||||||
Share of female managers, % |
20.5 |
20.5 |
||||||
|
||||||||
7 %
Revenue growth
(CAGR 2019–2024)
Order intake and revenues, BSEK
19.2 %
Adjusted EBITA margin
Adjusted EBITA, BSEK and adjusted EBITA margin, %
1.2
Financial net debt/EBITDA
Financial net debt, BSEK, and financial net debt/EBITDA
Revenues by customer segment
Revenues by market area
Indices
Sandvik is included in several prestigious sustainability indices and is a signatory of the UN Global Compact (UNGC).
