Interim report forth quarter and year-end 2010. STRONG GROWTH AND INCREASED CAPITAL EFFICIENCY · Order intake SEK 26,313 M · Invoiced sales SEK 23,276 M · Operating profit SEK 3,129 M · Operating margin 13.4% · Cash flow from operations SEK +3,259 M · Net working capital 22% of invoiced sales Accounting policies This interim report was prepared in accordance with IFRS, applying IAS 34, Interim Financial Reporting. The same accounting and valuation policies were applied as in the most recent annual report. New standards and interpretations effective from 1 January 2010 have not had any significant impact on Sandvik's financial statements. As of 1 January 2010, the Group applies the revised IFRS 3 Business Combinations and the revised IAS 27 Consolidated and Separate Financial Statements. The report for the first quarter 2011 will be published on 3 May 2011. Additional information may be obtained from Jan Lissåker, Sandvik Investor Relations at tel. +46 26 26 10 23 or by e-mailing info.ir@sandvik.com (info.ir@sandvik.com). A combined presentation and teleconference will be held on 2 February 2011 at 13.30 CET at Operaterrassen in Stockholm. Information is available at www.sandvik.com/ir (http://www.sandvik.com/ir). Sandviken 2 February 2011 Sandvik Aktiebolag (publ) The Board of Directors Sandvik discloses the information provided herein pursuant to the Securities Market Act. The information is submitted for publication on 2 February 2011 at 08.00 am CET.
Interim report forth quarter and year-end 2010.
| Source: Sandvik AB
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