Sandvik Machining Solutions
Business area Sandvik Machining Solutions is a market-leading manufacturer of tools and tooling systems for advanced industrial metal cutting, optimizing customers' machining operations.
Key figures 2019
Revenues: 41,123 million SEK
Operating profit: 8,380 million SEK
Adjusted operating profit: 9,310 million SEK
Products are manufactured in cemented carbide and other hard materials such as diamond, cubic boron nitride and special ceramics. Services include, for example, logistic solutions and productivity improvement programs.
During the last few years, Sandvik Machining Solutions has expanded into the areas of additive manufacturing and digital manufacturing. These are areas where Sandvik is s uniquely positioned due to its extensive industrial experience and expertise in advanced materials, materials shaping and digital solutions.
The business area holds several market-leading brands for its metal-cutting offering which operate independently from each other.