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Interim Report Fourth Quarter 2020

Fourth quarter 2020 Continuing operations Order intake 22,051 million SEK Revenues 22,408 million SEK Operating profit 3,487 million SEK Operating margin 15.6% Adjusted operating profit 4,505 million SEK Adjusted operating margin 20.1% Profit after net financial items 3,407 million SEK Adjusted

Sandvik completes the acquisition of CGTech

Sandvik has completed the previously announced acquisition of US based CGTech, a global market leader in software for numerical control (NC/CNC) simulation, verification and optimization. In 2019, CGTech had revenues of about SEK 470 million and around 180 employees. The deal will initially have

Sandvik to acquire market leading underground safety solutions company DSI Underground

Sandvik has signed an agreement to acquire DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries. The company will be reported in Sandvik Mining and Rock Solutions. “This acquisition is an

Sandvik completes the acquisition of Miranda Tools’ business

Sandvik has completed the previously announced acquisition of the entire business of the Indian company Miranda Tools, comprising the manufacture of High Speed Steel and solid carbide round tools. In 2019, Miranda Tools had revenues of about 200 million SEK and around 580 employees. The deal has

Sandvik provides an update on cost measures and savings

As previously announced Sandvik initiated measures across the Group to mitigate effects from the covid-19 pandemic, with actions supporting savings both short-term and long-term. Today, Sandvik provides an update on the current status of the long-term cost measures and savings for the 2021

Invitation - presentation of Sandvik’s report of the fourth quarter 2020

Sandvik will publish its fourth quarter results on Thursday, 21 January 2021 at approximately 08.00 CET. A combined webcast and conference call for investors, analysts and financial media will be held at 10.00 CET. The report will be presented in a webcast and conference call by Stefan Widing,

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