SANDVIKEN, Sweden, Nov. 3, 2005 (PRIMEZONE) -- Sandvik:
- Continued growth and increased profit - Profit after financial items rose 26% to SEK 2,126 M, 38% adjusted for nonrecurring items 2004 (SEK 153 M). - Order intake increased 16%(a) to SEK 16,480 M. - Invoiced sales rose 12%(a) to SEK 15,554 M. - Net profit for the period increased 23% to SEK 1,529 M. - Earnings per share rose 28% to SEK 6.00, +40% adjusted for nonrecurring items 2004. - Cash flow rose 80% to SEK 2,932 M
The Company's auditors have not conducted a special audit of this report.
The Sandvik Group's earnings for the fourth quarter and full-year 2005 will be published on 8 February 2006. Sandvik Annual General Meeting will be held in Sandviken 2 May 2006.
For additional information, please call +46 (26)26 10 01. A combined presentation and telephone conference will be held on 3 November 2.00 p.m. at Operaterrassen, in Stockholm. For further information visit www.sandvik.com
Sandvik AB SE-811 81 Sandviken +46 (26) 26 00 00 www.sandvik.com Corp. Reg.No: 556000-3468
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