Sandvik SAND Q3 2025 Earnings Call

This is a Q&A session from Sandvik's third-quarter results presentation in 2025, led by CEO Stefan Widing and CFO Cecilia Felton. The presentation highlights strong demand in mining, software, and cutting tools, with overall order intake up 7% and organic growth at 16%. They address the impact of currency headwinds on margins, which are at 19%, and discuss key innovations like the Mastercam co-pilot and new jaw plate range. The speakers then answer questions about ERP transitions, regional growth in machining, mining revenue expectations, powder business growth, and margins in machining and intelligent manufacturing. They also discuss capacity ramp-up in mining, demand across different commodities, and pricing dynamics, providing detailed insights into Sandvik's financial performance and strategic initiatives.