Sandvik (SAND) AGM 2025 summary

Opening remarks and agenda

• Warm welcome extended to shareholders, board, and guests, with a summary of the past year and an update on ongoing strategic delivery.

• CEO Stefan Widing delivered the opening address for the 2025 AGM, outlining the agenda and strategic focus areas.

Financial performance review

• Order intake reached SEK 124.7 billion, revenues SEK 122.9 billion, and adjusted EBITA/profit SEK 23.6 billion with a margin of 19.2%.

• Cash flow was strong at SEK 21.2 billion, and return on capital employed was 14.8%.

• Q1 2024/2025 saw order intake of SEK 32.8 billion, revenues of SEK 29.3 billion, and adjusted EBITA up 9% to SEK 5.8 billion with a margin of 19.7%.

• Achieved robust growth in mining and high demand for software, despite a volatile environment.

Dividend announcements

• Board proposed a dividend of SEK 5.75 per share for 2024, up 0.25 from the previous period, reflecting financial strength.