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Home Equipment & Machinery

Sandvik reports higher orders and profit in 2025

Swedish engineering group says mining demand and digital services supported growth despite currency pressure

ZiMining by ZiMining
March 12, 2026
in Equipment & Machinery, Global
Reading Time: 2 mins read
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A Sandvik underground mining machine or drill rig

A Sandvik development drilling rig operates inside an underground mine. Sandvik reported higher orders and profit in 2025 despite global economic uncertainty. (Image: Sandvik)

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  • Sandvik reported higher orders and profit in 2025 despite global economic pressures.
  • The mining equipment maker saw 11% growth in organic orders and 5% revenue growth.
  • The company invested SEK 4.5 billion in research and development to support new technologies.

SWEDISH engineering firm Sandvik has reported a notable increase in orders and profits for 2025, even in the face of global economic challenges.

The company provides a range of equipment, tools, and digital technology to the mining and manufacturing sectors around the globe.

According to Sandvik, organic order intake rose by 11% in 2025, while revenue saw a 5% increase when adjusted for constant currency.

The firm also announced an adjusted operating margin of 19.3%, reflecting stable profitability throughout the year.

President and CEO Stefan Widing said that the company achieved impressive results despite ongoing geopolitical tensions and trade restrictions.

“We can look back on a successful 2025 for Sandvik,” Widing said in the company’s results announcement.

“In a year marked by geopolitical uncertainty and trade barriers, we delivered solid growth, robust cash flow, and resilient profitability.”

Sandvik said that demand from the mining sector remained strong over the year.

The company’s mining equipment, parts, and digital mining technologies played a significant role in boosting orders across various regions.

Additionally, Sandvik reported advancements in software and digital services related to both mining and manufacturing.

Digital mining technologies and intelligent manufacturing software experienced double-digit growth throughout the year.

In 2025, Sandvik invested approximately SEK 4.5 billion in research and development to encourage innovation.

These investments are centred on technologies such as automation, electrification, and advanced materials.

Widing underscored that safety is a top priority for the company.

“Safety always comes first at Sandvik. We have a zero vision for accidents in the workplace,” he affirmed.

Sandvik operates in over 150 countries and employs thousands of people across its engineering and mining technology divisions.

The company’s long-term strategy, dubbed “Advancing to 2030,” is centred on digital solutions, electrified mining equipment, and the expansion of aftermarket services.

Tags: Mining equipmentMining technologySandvik
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