Sandvik AB (publ) (SDVKY) Q4 2025 Earnings Call January 27, 2026 4:00 AM EST
Company Participants
Louise Tjeder – Head of Investor Relations & VP
Stefan Widing – President, CEO, President of Machining & Intelligent Manufacturing and Director
Cecilia Felton – Executive VP & CFO
Conference Call Participants
Gustaf Schwerin – Handelsbanken Capital Markets AB, Research Division
Chitrita Sinha – JPMorgan Chase & Co, Research Division
Edward Hussey – UBS Investment Bank, Research Division
Alexander Jones – BofA Securities, Research Division
Klas Bergelind – Citigroup Inc., Research Division
John-B Kim – Deutsche Bank AG, Research Division
Rory Smith – Oxcap Analytics Limited
Vladimir Sergievskiy – Barclays Bank PLC, Research Division
Daniela Costa – Goldman Sachs Group, Inc., Research Division
Sebastian Kuenne – RBC Capital Markets, Research Division
Max Yates – Morgan Stanley, Research Division
James Moore – Rothschild & Co Redburn, Research Division
Presentation
Louise Tjeder
Head of Investor Relations & VP
A warm welcome to Sandvik’s Presentation of the Fourth Quarter Results 2025. My name is Louise Tjeder, Head of Investor Relations. And beside me, I have our CEO, Stefan Widing; and CFO, Cecilia Felton.
We will start off with the presentation. Stefan and Cecilia will take you through the highlights of the quarter and the remaining time we will spend on the Q&A session.
So, let’s start. The word is yours.
Stefan Widing
President, CEO, President of Machining & Intelligent Manufacturing and Director
Thank you. And also from my side, of course, a warm welcome to the fourth quarter report in 2025. If we summarize the quarter, we see a strong ending to the year with double-digit order intake and revenue growth. We see a strong demand in mining and infrastructure is continuing to improve. There’s a mixed demand in cutting tools with strong demand in, for example, aerospace and defense, while automotive remains weak. We also see a strong demand in both software solutions and powder solutions.
