Interim report second quarter 2009.

Interim report second quarter 2009.

CONTINUE WEAK DEMAND

• Order intake SEK 16,503 M
• Invoiced sales SEK 18,011 M
• Non-recurring costs of SEK 1,400 M
• Operating profit SEK -1,985 M
• Profit after financial items SEK -2,443 M
• Earnings per share SEK -1.70
• Cash flow SEK +2,890 M


Accounting policies
This interim report was prepared in accordance with IFRS, applying IAS 34,
Interim Financial Reporting. The same accounting and valuation policies were
applied as in the most recent annual report, with the exception of certain new
standards and interpretations, which are applied from 1 January 2009.

Revised IAS 1 Presentation of financial statements entails that items recognized
directly in equity that do not affect transactions with owners must now be
recognized in the income statement under the heading Other comprehensive income.
Sandvik has chosen to present other comprehensive income as a component in the
income statement and not as a separate statement. The statement of changes in
equity presents the total comprehensive income for the period and transactions
with owners. The corresponding reclassifications have been made in the
comparative figures.

In addition to the amendments in IAS 1, new standards and interpretations have
not entailed any significant effects on Sandvik's financial reports. IFRS 8
Operating segments has not entailed any change to Sandvik's definition of the
Group's segments.

The company's auditors have not conducted a special review of the Q2 2009
report. The Sandvik Group's
interim report for the third quarter of 2008 will be published on 30 October
2009.

Additional information may be obtained from Sandvik Investor Relations, at tel.
+46 26 26 10 23 (Jan Lissåker) or tel. +46 26 26 09 37 (Magnus Larsson) or by
e-mail to info.ir@sandvik.com.

A combined presentation and teleconference will be held on 17 July 2009 at 13.30
CET at Operaterassen
in Stockholm. Information available at www.sandvik.com/ir.
 


Sandviken den 17 July 2009


Sandvik Aktiebolag (publ)

Lars Pettersson
President and CEO

Sandvik discloses the information provided herein pursuant to the Securities
Market Act and/or the
Financial Instruments Trading Act. The information is submitted for publication
on 17 July at 08:00 CET.