Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
CONTINUED STRONG EXECUTION, BUT A MORE CAUTIOUS MARKET
Third quarter
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 third quarter 2012 will be published on 25 October 2012. Additional information may be obtained from Magnus Larsson, Sandvik Investor Relations, at tel. +46 8 456 12 40 or by e-mailing [email protected].
A teleconference will be held on 25 October 2012 at 14.00 CET. Information is available at www.sandvik.com/ir.
Stockholm 25 October 2012
