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Meet Sandvik 2 2020 published

More stories and podcasts You find more stories and podcasts in our stories section. Go to the stories section A new issue of our corporate magazine Meet Sandvik is available. It includes an interview with CEO Stefan Widing who talks about our increased focus on digital solutions for the

Visit Sandvik’s virtual capital markets day

On 3 November Sandvik hosted a virtual Capital Markets Day, where key strategic focus areas and Sandvik’s shift to growth was presented. The presentations are now available online.

Sandvik’s Capital Markets Day to focus on the shift to growth

Today, at Sandvik’s virtual Capital Markets Day, Stefan Widing, President and CEO of Sandvik and Tomas Eliasson, Executive Vice President and CFO of Sandvik, will provide an update on the company’s performance and present the key strategic focus areas of Sandvik’s shift to growth. The overall

Invitation – Sandvik Capital Markets Day 3 November 2020

Sandvik has the pleasure to invite investors, analysts and financial media to its virtual Capital Markets Day on 3 November 2020, starting at 13.00 CET. The Capital Markets Day will focus on Sandvik’s strategy and shift to growth. Presentations will be held by Stefan Widing, President and CEO

Sandvik to acquire software company CGTech

Sandvik has signed an agreement to acquire US based CGTech, a global market leader in software for numerical control (NC/CNC) simulation, verification and optimization. The product offering includes VERICUT®, a machining simulation and optimization software which is CAM, machine tool

Sandvik proceeds towards separate listing of Sandvik Materials Technology

Sandvik Board of Directors has today decided that following the completion of the internal separation of Sandvik Materials Technology (SMT), Sandvik will proceed with the preparation to distribute SMT to Sandvik’s shareholders and list the company’s shares on the Nasdaq Stockholm Exchange. The

Sandvik establishes new business area – Sandvik Rock Processing Solutions

Sandvik has decided to establish a new business area, Sandvik Rock Processing Solutions (SRP), as of 1 January 2021. The new business area will consist of the current Crushing and Screening division, which today is part of the Sandvik Mining and Rock Technology business area. The reason for

Interim Report Third Quarter 2020

Third quarter 2020 Continuing operations Order intake 19,909 million SEK Revenues 20,145 million SEK Operating profit 3,459 million SEK Operating margin 17.2% Adjusted operating profit 3,493 million SEK Adjusted operating margin 17.3% Profit after financial items 3,988 million SEK Adjusted

Sandvik to divest its Exploration business

Sandvik has signed an agreement to divest its Exploration business to Drillman, a subsidiary of the M Group of companies, which is 100% owned and operated in Australia. Drillman provide equipment and technical support to the Geotechnical, Mineral Exploration, Horizontal, Directional and

Sandvik completes the acquisition of Allied Construction

Sandvik has completed the previously announced acquisition of Allied Construction Products LLC (Allied), a US distributor of hydraulic hammers to the construction and mining industries and manufacturer of compactor plates and mounting brackets. In 2019 the company generated revenues of

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