Sandvik AB (OTCPK:SDVKY)
$ 21.61 0.03 (0.14%) Market Cap: 27.11 Bil Enterprise Value: 31.25 Bil PE Ratio: 22.72 PB Ratio: 3.03 GF Score: 84/100

Q2 2019 Sandvik AB Earnings Call Transcript

Jul 17, 2019 / 12:00PM GMT
Release Date Price: $16.34 (-4.00%)
Ann;Sofie Nordh
Sandvik AB - VP of IR

Greetings everyone, and welcome to this presentation where we will run through the results for Sandvik's second quarter results. As usual, we have our CEO, Björn Rosengren; and our CFO, Tomas Eliasson here with us who will run through the slides. And after that, we'll open up for your questions.

And without further ado, Björn, please go ahead.

BjÃ;rn Klas Otto Rosengren
Sandvik AB - Former President, CEO & Director

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Thank you, Ann-Sofie. And also, I like to welcome you to this second quarter interim report presentation.

Starting up with a summary of the quarter and it can be seen as 2 sides on the coin. On the first one, we still see historically high demand levels. We do our second best result in the history, and we see a strong performance within SMT as well as in the mining business area. On the other hand, we see a weakening of the demand in the end of the quarter, driven by the automotive and general engineering market. And we have a weaker result in the

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