Sandvik Exceeds Q4 Expectations with Strong Demand and Dividend Boost

Swedish engineering giant Sandvik reported stronger-than-expected financial results for the fourth quarter of 2026, driven by robust demand particularly from the mining sector. The company’s adjusted operating profit rose to 5.9 billion kronor, up from 5.7 billion kronor in the same period the previous year, surpassing analyst forecasts compiled by Bloomberg. Revenue increased by 12 percent in constant currency, and order intake climbed 15 percent, underscoring the company’s growing market momentum despite headwinds from a stronger Swedish krona which weighed on financial figures.

CEO Stefan Widing highlighted the encouraging market environment, noting that "given that metal prices are where they are and have continued to rise, our customers are making good money," reflecting healthy profitability in mining operations. In response to the strong performance and optimistic outlook, the board has proposed raising the dividend to shareholders.

The company also reported solid performance across its business areas, although some contrasts emerged with peers; for example, HMS Networks experienced a decline in order intake, while BHG performed in line with expectations. Sandvik’s positive results come amid stable market conditions with ongoing challenges related to trade and currency fluctuations. The quarter's success reinforces confidence in Sandvik's strategic positioning in mining-related markets and industrial solutions.