Sandvik has reported an increase of 23% on organic orders, from SEK22,051 million in 2020 to SEK 30,902 million in 2021.

Revenues also increased organically by 14% to SEK 29,128 million (SEK 22,408 million).

“2021 was a very successful year for Sandvik,” said Stefan Widing, president and CEO. “Continued positive momentum in general engineering and double-digit growth in aerospace led to an increase in organic order intake and revenues of 11% and 12%, respectively in Sandvik Manufacturing and Machining Solutions. […] Organic order intake in Sandvik Materials Technology increased by 40%, with improvements across all segments. […]  As we now enter the new year, we do so with a more robust foundation.”

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