Sandvik has signed an agreement to divest its Mining Systems operations, reported in the Sandvik income statement as discontinued operations, to the private equity company CoBe Capital. Sandvik will maintain ownership of ongoing projects which are close to finalization.
Sandvik will publish its second quarter results on Monday, 18 July 2016 at approximately 1:30 PM CET. A combined presentation and conference call for investors, analysts and financial media will be held at 3:00 PM CET.
Kjell A. Nordström, a researcher in multinational companies, Björn Rosengren, President and CEO of Sandvik, and Camilla Engbrink, VP Product Management and R&D at Sandvik Coromant, discuss opportunities with digitization.