Sandvik reports a stable second quarter 2014

July 20, 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 

July 20, 2014

In the latest issue of PM Review…

Download PDF

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

  • PyroGenesis Additive: Making waves in plasma atomised metal powder production once again
  • Outokumpu: Bringing a new dimension to Additive Manufacturing with stainless steel powders
  • Shaping the future: Winners in the 2023 Powder Metallurgy Design Excellence Awards
  • PowderMet2023 Las Vegas: Post-COVID and on the road to electrification, the PM community takes stock
  • State of the PM Industry in North America: Data and insight from the Metal Powder Industries Federation
  • Proposing a combined continuous ‘Sinter-Quench’ process for ferrous Powder Metallurgy parts

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

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
View online
Share via
Copy link