Stockholm – October 12, 2026 -- Sandvik has acquired Mastercam India and select assets of CAD/CAM CONSULTING SERVICES INC. (CCCS), two long-standing Mastercam channel partners that together generated net annual revenue of around SEK 120 million in 2025.

Both companies will join the Mastercam business unit and report within the Intelligent Manufacturing business area. The deals follow a series of similar acquisitions Sandvik has made in recent years and are intended to strengthen local capabilities and widen its sales network across regions.

Mastercam India adds 41 employees and SEK 81 million in revenue

Mastercam India is headquartered in Pune, India. It employs 41 people and recorded net annual revenue of around SEK 81 million in 2025.

CCCS contributes 14 employees and SEK 39 million in revenue

CCCS is headquartered in California, US, and has 14 employees. Its net annual revenue was around SEK 39 million in 2025.

Sweden – October 12, 2026 -- Sandvik has started the process of selecting the audit firm that will audit Sandvik AB and the legal entities within the Sandvik Group from 2028, with a deadline of August 14, 2026 for audit firms to notify their intent to bid.

Sandvik sets August 14, 2026 deadline for audit firms to declare interest

Firms that want to join the tender must notify Sandvik before the deadline. The appointment covers the parent company, Sandvik AB, and the Group's legal entities, so the winning firm would hold the audit mandate across the whole Group structure.

Group reporting head Marta Hafzelius named as contact for bidders

Marta Hafzelius, Head of Group Reporting and Consolidation, is the contact for further information. Placing the tender under that function points to the audit mandate's close link to Sandvik's consolidated reporting.

Stockholm – October 12, 2026 -- Sandvik lifted second-quarter adjusted EBITA to SEK 8,306 million from SEK 5,629 million a year earlier, with the adjusted EBITA margin widening to 22.6% from 19.0%.

Revenues rise 24% at fixed exchange rates

Revenues reached SEK 36,752 million, up from SEK 29,700 million in the prior-year quarter. At fixed exchange rates, revenue growth was 24%, of which 23% was organic.

Order intake totaled SEK 37,799 million, against SEK 32,206 million a year earlier. At fixed exchange rates it grew 17%, and organic growth was also 17%.

Adjusted EBIT margin expands to 21.4%

Adjusted EBIT rose to SEK 7,855 million from SEK 5,194 million, lifting the margin to 21.4% from 17.5%. Adjusted profit before tax came in at SEK 7,601 million, compared with SEK 4,855 million.

Stockholm – October 12, 2026 -- Sandvik has secured an underground mining equipment order worth around SEK 275 million from Kamoa Copper S.A. for the Kamoa-Kakula copper mine in the Democratic Republic of the Congo.

Sandvik will book the SEK 275 million order in the third quarter of 2026

The package includes trucks and loaders. Two of the loaders will be equipped with AutoMine®, Sandvik's automation solution.

Deliveries to Kamoa-Kakula run from Q4 2026 through Q3 2027

Shipments are scheduled to begin in the fourth quarter of 2026 and continue through the third quarter of 2027, a delivery window of roughly one year.

Kamoa-Kakula is a long-life, high-grade underground copper operation. Sandvik machines have operated at the site since 2019, making this a repeat selection by the customer.

Stockholm – October 12, 2026 -- Sandvik has completed its acquisition of Italy-based Diemme® Filtration, a business with estimated 2026 revenues of about SEK 1.1 billion and an EBITA margin accretive to the Rock Processing business area.

Sandvik creates a separate Filtration division within Rock Processing

Diemme® Filtration will be reported as a new, separate division named Filtration inside Sandvik's Rock Processing business area. The acquisition had been announced previously.

Diemme® Filtration employs about 200 people at its Lugo base

The company is headquartered in Lugo, Italy, where it operates a manufacturing facility and R&D capabilities. It has approximately 200 employees.

Stockholm – October 12, 2026 -- Nadine Crauwels, President of Sandvik's Machining business area since 2020, is leaving the group after 26 years, with the company aiming to name a successor before the end of 2026.

Crauwels stays in post until a successor takes over

Crauwels, who joined Sandvik in 2000, will remain in her position until a replacement is in place. She will then continue for a period in an advisory role to ensure a smooth transition. Sandvik has already started the recruitment process.

Departure follows a career spanning Sandvik Coromant and Group Executive Management

Before leading the Machining business area, Crauwels held several senior leadership positions at Sandvik, including President of Sandvik Coromant. She has also been a member of the Group Executive Management.

Stockholm – October 12, 2026 -- Sandvik will hold its Capital Markets Day on November 24-25, 2026, at Sandvik Mining's site in Tampere, Finland, with investor requests to attend due by October 30, 2026. The event opens with lunch on November 24.

Sandvik CEO Stefan Widing and CFO Cecilia Felton lead the presentations

Widing, President and CEO, and Felton, CFO, will present alongside business area management. The program covers Sandvik's equity story, including key achievements and strategic priorities.

The event targets institutional investors, financial analysts and financial media.

Guided tours focus on new technologies, digitalization and automation

Sandvik will use the event to showcase its latest innovations. The guided tours center on new technologies, digitalization and automation.

Toronto – October 12, 2026 -- Profound Medical Corp. (NASDAQ: PROF; TSX: PRN) will report its second quarter 2026 financial results after market close on Thursday, August 6, 2026.

Management hosts call at 4:30 p.m. ET on results day

The interventional MRI (iMRI) company will hold a conference call at 4:30 p.m. ET on August 6 to review the quarter's results and discuss business developments in the period. Investors must register in advance for the live call.

Two MRI-guided platforms drive the commercial portfolio

Profound markets TULSA-PRO, which is FDA-cleared in the United States for transurethral ultrasound ablation (TULSA) of prostate tissue. The system is also cleared in Europe, Canada, Saudi Arabia, India, Australia/New Zealand and the UAE.

Toronto – October 12, 2026 -- Men treated with whole-gland TULSA Procedure showed no median change in penile length at one month, compared with a median 0.65 cm reduction after robotic radical prostatectomy (RP), according to new data from the Level 1 CAPTAIN randomized controlled trial, Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) announced.

Mixed-effects model shows 0.42 cm between-arm difference

The between-arm difference in change in penile length, estimated from a mixed-effects model, was 0.42 cm (p<0.001), which Profound describes as statistically significant. Xiaosong Meng, MD, PhD, Assistant Professor in the Department of Urology at UT Southwestern Medical Center, presented the results at the Society of Robotic Surgery Annual Meeting in Fort Lauderdale, Florida.

Toronto – October 12, 2026 -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) cut its second-quarter 2026 net loss 39% to about $9.5 million, or $0.26 per share, from $15.7 million, or $0.52 per share, a year earlier. Operating expenses fell 16% to about $13.0 million, and the company reiterated its full-year revenue guidance of about $25.0 million.

Shipment delay pushes $3.1 million of TULSA revenue into July

Q2 revenue was about $2.5 million, up 12% year over year. Recurring non-capital revenue from single-use devices and extended-warranty services contributed $1.6 million, and capital equipment sales added $871,000.

About $3.1 million of TULSA product shipments expected in the final week of June went out in July and will be recognized in Q3. Excluding the delay, Q2 revenue would have been about $5.6 million, or 153% growth. The company attributes the slip to a logistics issue, not weaker demand, and says the issue is resolved.