Sandvik: Interim Report First Quarter 2016

Regulatory News:

Sandvik (STO:SAND)

First Quarter 2016

Continuing operations

· Order intake 20,299 million SEK

· Revenues 19,700 million SEK

· Operating profit 2,413 million SEK

· Operating margin 12.2%

· Profit after financial items 1,996 million SEK

· Earnings per share 1.16 SEK

· Cash flow from operations 1,602 million SEK

Discontinued operations

· Order intake 1,162 million SEK

· Revenues 720 million SEK

· Operating profit -54 million SEK

Group Total

· Order intake 21,461 million SEK

· Revenues 20,420 million SEK

· Operating profit 2,359 million SEK

· Operating margin 11.6%

· Earnings per share 1.12 SEK

· Cash flow from operations 1,514 million SEK

A presentation and teleconference will be held on 25 April 2016 at 15:00 CET. Information is available at home.sandvik/investors

Stockholm, 25 April 2016

Sandvik Aktiebolag (publ)

Björn Rosengren

President and CEO

Sandvik discloses the information provided herein pursuant to the Securities Market Act. The information is submitted for publication on 25 April 2016 at 13:30 CET.

Sandvik Group

Sandvik is a high-tech and global engineering group offering advanced products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2015, the Group had about 46,000 employees and sales of about 91 billion SEK in more than 150 countries.

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