Sandvik (SAND.ST) reported that its third quarter profit increased to 3.5 billion Swedish kronor from 3.2 billion kronor, prior year. Earnings per share was 2.82 kronor compared to 2.58 kronor. Adjusted EBITA declined to 5.5 billion kronor from 5.9 billion kronor. Adjusted earnings per share was 2.81 kronor compared to 2.94 kronor.
Revenues were 29.22 billion Swedish kronor compared to 30.31 billion Swedish kronor, last year. Revenue growth, at fixed exchange rates, was 5%. Order intake was 30.77 billion kronor compared to 28.80 billion kronor. Order intake, at fixed exchange rates, increased by 16%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.