Sandvik AB Q4 2019 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew J. Wilson - JP Morgan Chase & Co, Research Division - Analyst : I just wanted to ask on the mining and rock side. Actually, on the construction exposure, I mean, just what you're seeing there in terms of, I guess, a little bit of color by region and kind of how that developed against this time last year, just on the -- specifically the construction side rather than on mining for a change. Bj÷rn Klas Rosengren;President, CEO & Director Yes. I think it's probably a little bit up -- flat, a little bit up, I would probably say, on that part. I mean our exposure to the construction side is not that big, as you know. It's quite a small part of our business mainly coming from the crushing and screening business. But it's not down. It's probably flat. And I think also our crushing and screening business are doing a good job both when it comes to delivering profitability as well as catching good orders. So they have good equipment which has been introduced also during the year. So -- but it is such a small part of our business. So when you look at our numbers, mining isn't really the driving force there. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. JANUARY 21, 2020 / 9:00AM, SAND.ST - Q4 2019 Sandvik AB Earnings Call

Question: Andrew J. Wilson - JP Morgan Chase & Co, Research Division - Analyst : That's great. Bj÷rn, good luck in your new role. Bj÷rn Klas Rosengren;President, CEO & Director Thank you. Thank you, Andrew.