Invest in Sandvik

We strive to enable important shifts through our leading customer solutions for increased productivity and sustainability. We aim to advance the world through our engineering capabilities, creating benefits for all our stakeholders – our customers, our employees, our communities – ultimately leading to shareholder value.

By enhancing our core competencies, expanding our offering in the adjacent value chain and adding new technologies to lead the digital transformation in our industries, we continuously strengthen our positions. With sustainability embedded in our business model, our broadened customer offering keeps us relevant for the future.


Stefan Widing, President and CEO

"We have strengthened our growth potential and resilience by successfully executing on our shift to growth strategy. With a strong platform to build from, this journey continues with increased ambitions and a growth target of 7%. We're executing towards 2025, but also look beyond to ensure that we always build Sandvik to be stronger in the future”.

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Our market-leading position and strong customer relationships, combined with a decentralized organization, enable us to respond faster to market trends and customer needs. In a cyclical world, our decentralized business model helps us to be more flexible, reduce earnings volatility and increase predictability.


The investment case

Market leading positions – the customer’s first choice

By providing products and services that improve customers’ productivity and sustainability we ensure our market leading positions and can maintain value-based pricing.

Strong platform supports shift to growth

A strong platform supports our shift to growth and acquisitions to broaden our value-creating offering, lead digitalization and automation and expand geographically in faster growing markets.

Agile through cycle – strong financial performance

Proven resilience in economic downturns and committed to achieving improved through-cycle performance.

Shareholders rewarded

Target to distribute 50% of adjusted earnings per share through the economic cycle and maximize shareholder value.

Share graph

Ownership structure

Majority owners

Ownership by country

Ownership distribution by holding

Dividend information

Sandvik's goal is that the dividend shall amount to 50% of the reported earnings per share.

Earnings and dividends per share, SEK

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Information

Name:
Sandvik
Ticker code:
SAND
ISIN code:
SE0000667891
Currency:
SEK
Market place:
XSTO
List:
Large cap
Latest price:
207,0
Closing price:
207,0
Latest change:
09 juni 2023
All time high:
05 jan. 2022
All time low:
21 sep. 2001
Year high:
227,4
Year low:
145,3
Number of shares:
1 254 385 923
Total market cap, MSEK:
259 657,9

Strategic objectives

Sandvik will grow by focusing on six strategic areas. We have defined targets for 2025 in each of them to ensure transparency and follow-through.

  • Shift to growth
  • Digital shift
  • Sustainability shift
  • Customer's first choice
  • Agile through cycle
  • Employer of choice

Read more about the strategic objectives and our actions in the About us section

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Long-term financial targets

Sandvik has long-term financial targets focusing on growth, profitability, dividend and financial position.

Growth: 7%

A growth of 7 percent through a business cycle, organically and through acquisitions.

EBITA margin range: 20–22%

An adjusted EBITA margin range of 20–22 percent.

Dividend payout ratio: 50%

A dividend payout ratio of 50 percent of earnings per share, adjusted for items affecting comparability, through a business cycle.

Financial net debt/EBITDA: <1.5

A financial net debt/EBITDA ratio below 1.5.



Sustainability goals

To make the shift that will drive more sustainable business we have four ambitious sustainability goals for 2030. Our four goals:

More than 90% circularity

We will drive the shift to more circular business models and use of resources.

Halve the CO2 impact

We will deliver on our commitments to reduce impact on the climate.

Zero harm to people

We aspire to the highest standards for people.

Always do the right thing

We will constantly aim higher in ethics and transparency.