- Sandvik’s adjusted operating profit for the third quarter was SEK 5.38 billion, falling short of the estimated SEK 5.62 billion.
- The company’s adjusted EBITA came to SEK 5.87 billion, below the projected SEK 6.09 billion.
- Orders received during the quarter totaled SEK 28.80 billion, missing the forecast of SEK 30.02 billion.
- Revenue was SEK 30.31 billion, which did not meet the expected SEK 31.14 billion.
- The adjusted EBITA margin was slightly under expectations at 19.4%, compared to the estimated 19.5%.
- Analyst recommendations included 16 buys, 8 holds, and 4 sells.
A look at Sandvik AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using the Smartkarma Smart Scores have assessed Sandvik AB‘s long-term outlook, with the company receiving a moderate score across various factors. The scores indicate that Sandvik AB demonstrates average performance in Value, Dividend, Growth, and Resilience, all scoring a 3. However, the company shows slightly better performance in Momentum, earning a score of 4. Sandvik AB, a high-technology engineering group, specializes in manufacturing tools for metalworking, machinery for rock excavation, stainless steel products, special alloys, and resistance heating materials. With a global market presence serving industrial companies worldwide, Sandvik AB also offers online sales of its tools.
Looking ahead, despite receiving overall average scores in key areas, Sandvik AB‘s Momentum score of 4 suggests a positive trend that could potentially drive the company’s future performance. While the Value, Dividend, Growth, and Resilience scores sit at a moderate 3, indicating stable performance, the higher Momentum score may indicate increasing market interest and growth potential for the company. Investors and stakeholders may closely monitor Sandvik AB‘s momentum to gauge its trajectory in the coming years within the high-tech engineering sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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