Interim report second quarter 2012

GOOD PROGRESS AND STRONG DEMAND IN THE QUARTER

• Second quarter
  • Order intake 26,190 million SEK
  • Invoiced sales 25,939 million SEK
  • Operating profit 4,212 million SEK
  • Operating margin 16.2%
  • Profit before tax 3,667 million SEK
  • Cash flow from operations +2,293 million SEK

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 with the exception of new and revised standards and interpretations effective from 1 January 2012. These changes have not had any significant impact on Sandvik’s financial statements.

The report for the second quarter 2012 will be published on 19 July 2012. A teleconference will be held on 19 July 2012 at 13.00 CET. Information is available at www.sandvik.com/ir.

Stockholm 19 July 2012

Sandvik Aktiebolag (publ)

Olof Faxander

President and CEO

Sandvik discloses the information provided herein pursuant to the Securities Market Act. The information is submitted for publication on 19 July 2012 at 08.00 am CET.

Additional information may be obtained from Magnus Larsson, Sandvik Investor Relations, at tel. +46 26 26 09 37 or by e-mailing info.ir@sandvik.com.

The Sandvik Group
Sandvik is a global industrial group with advanced products and world-leading positions in selected areas – tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2011, the Group had about
50,000 employees and representation in 130 countries, with annual sales of nearly 94,000 MSEK.

For more information visit www.sandvik.com