Rising metal prices are boosting demand from the mining industry, where Sandvik is a major player. Adjusted operating profit for the fourth quarter rose to SEK 5.9 billion, compared to SEK 5.7 billion in the same quarter in 2024. This was higher than analysts had expected. However, the share price is trading cautiously.
Order intake increased by 15 percent and revenue by 12 percent, on a constant-currency basis. However, the stronger krona is putting pressure on earnings, revenue and order intake.
Asked whether US President Donald Trump's repeated tariff threats are affecting the business, Widing said:
We don't act on impulse anymore. We have to be patient and see what really happens.
However, they have a negative effect on the general economy.
