Sandvik Construction´s sales for the second quarter of 2014 were down three per cent compared to last year at SEK 2.28 billion ($335 million). Operating profits came in at SEK 51 million ($7.5 million), a drop of 64 per cent on last year, for a margin of just 2.3 per cent. The company said market conditions were similar with the first quarter of the year, but lower than the end of 2013. It added that low sales and production volumes and changes in interest rates also had an impact on profitability. However, the company noted that its revenues were up by 18 per cent on the first quarter of the year, which it said reflected increased deliveries ahead of the Northern hemisphere summer.