Sandvik AB (LTS:0HC0)
kr 212.2 0.9 (0.43%) Market Cap: 266.31 Bil Enterprise Value: 313.76 Bil PE Ratio: 21.88 PB Ratio: 2.97 GF Score: 80/100

Q3 2019 Sandvik AB Earnings Call Transcript

Oct 18, 2019 / 11:00AM GMT
Release Date Price: kr157.78 (+4.08%)
Ann;Sofie Nordh
Sandvik AB - VP of IR

Greetings, everyone, and welcome to the presentation of Sandvik's third quarter results. Today, we will have a presentation, and our CEO, Björn Rosengren; and CFO, Tomas Eliasson, will run through the slides as per norm, after which we will open up for questions. And you have the opportunity to put questions both through the conference call as well as online.

And with that said, we'll ask Björn to start the presentation, please.

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

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Thank you, Ann-Sofie. And also, I like to welcome you to this third quarter results presentation. But before I start, I thought I should show you our new surface drill rig, the Leopard. And this rig is all ready and it's going to be really a rock killer. And I'm sure it's also going to be epic.

So let's look at the demand situation. If we look at Sandvik, we can see today that the demand for our different businesses varies a lot. If we start with our early cycle business,

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