News from the Group

Sandvik will publish its third quarter results on Monday, October 17, 2022 at approximately 11:30 AM CEST.

Sandvik will record non-recurring charges related to the distribution of Alleima (former business area Sandvik Materials Technology) and the wind-down process in Russia.

Sandvik has appointed Mats Eriksson as President of business area Sandvik Mining and Rock Solutions (SMR) and new member of the Sandvik Group Executive Management, effective October 1, 2022.

Sandvik has today raised EUR 500 million in the corporate bond market under its Euro Medium Term Note (EMTN) program.

The Nomination Committee has now been appointed.

Sandvik has completed the previously announced acquisition of the Portugal-based company Frezite.

The shares of Alleima, a global manufacturer of advanced stainless steels, special alloys and heating systems for the most demanding industries, commence trading on Nasdaq Stockholm today.

Alleima, formerly Sandvik Materials Technology, which is expected to be listed on Nasdaq Stockholm, today hosts its first Capital Markets Day, in Sandviken, Sweden.

Sandvik has signed and completed an agreement to acquire 100% of the equity interests in the Switzerland-based Sphinx Tools Ltd and its wholly owned subsidiary P. Rieger Werkzeugfabrik AG ("Sphinx Tools").