Sandvik AB (SAND.ST) revealed a profit for its first quarter that Increases, from last year
The company's bottom line came in at SEK3.877 billion, or SEK3.09 per share. This compares with SEK3.736 billion, or SEK2.97 per share, last year.
Excluding items, Sandvik AB reported adjusted earnings of SEK4.100 billion or SEK3.27 per share for the period.
The company's revenue for the period rose 4.7% to SEK30.685 billion from SEK29.301 billion last year.
Sandvik AB earnings at a glance (GAAP) :
-Earnings: SEK3.877 Bln. vs. SEK3.736 Bln. last year.-EPS: SEK3.09 vs. SEK2.97 last year.-Revenue: SEK30.685 Bln vs. SEK29.301 Bln last year.
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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.