Sandvik reports a stable second quarter 2014

July 20, 2014

Sweden’s Sandvik AB has reported invoiced sales totalling 22.1 billion SEK in the second quarter 2014, down around 6% on the same period in 2013. Operating profit for the period was reported as being 2.6 billion SEK, or 11.6% of invoiced sales.

“Overall, Sandvik’s business was relatively stable in the second quarter. Demand remained at a high level in North America and improved in Asia, especially for Sandvik Machining Solutions. Activity in Europe was fragmented as the favourable development in the western parts of the continent was offset by significantly weaker market conditions in Russia. The southern hemisphere has been particularly impacted by the low

level of demand in the mining industry,” stated Sandvik’s President and CEO Olof Faxander.

Demand for Sandvik’s products during the first half of the year remained on par with the first six months of 2013. Sandvik’s order intake was reported as being 43.7 billion SEK an increase of 1% in fixed exchange rates for comparable units. Invoiced sales were 42.8 billion SEK (45.1), down 5%. 


Subscribe to our FREE e-newsletter

Register to receive our FREE e-newsletter and a complimentary digital subscription to Powder Metallurgy Review magazine:

Your email address:

Useful links: Download PM Review magazine | News headlines | Browse articles 

Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link