52 Week Range
As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Sandvik: Stefan Widing To Start As CEO On Feb 1, 2020
Sandvik Signs Agreement To Divest Majority Of Sandvik Drilling And Completions
Sandvik Receives Order For Energy Industry
Sandvik AB (Sandvik) is an engineering company in mining and rock excavation, metal-cutting and materials technology. The Company is engaged in the developing, manufacturing and marketing processed products and services. Its segments include Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology and Other Operations. It operates in the areas of Mining, which includes delivering drill rigs; Engineering, which includes tools and tooling systems; Energy, which offers solutions for energy production; Automotive, which includes cemented-carbide tools and tooling systems; Construction, which provides solutions for the construction industry, and Aerospace, which works with aerospace companies. Its various product categories include metal-cutting tools and tooling systems; mining equipment and tools; construction equipment and tools; stainless steels, special alloys and titanium; furnace products and heating systems, and industrial processing systems.
Misc. Capital Goods
Kungsbron 1, Section 6, plan G
Independent Chairman of the Board
President, Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
Executive Vice President, General Counsel, Secretary to the Board
Executive Vice President, Head of Human Resources
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Metal-cutting tools maker Sandvik <SAND.ST> has agreed to sell 70% of its drilling and completions business for 900 million crowns ($92.8 mln) in line with its strategy to focus on core operations.
Swedish metal-cutting tools firm Sandvik said on Monday it had agreed to sell a 70% stake in its Drilling and Completions business in line with a strategy to focus on its core business.
Swedish metal-cutting tools and mining gear maker Sandvik has named Assa Abloy's Stefan Widing to take over as CEO when Bjorn Rosengren leaves for Swiss robotics company ABB.
ABB shares jumped more than 4% on Monday as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment firm Sandvik to be its next chief executive.
Swedish engineering group Sandvik's Chief Executive Officer Bjorn Rosengren will step down next year and will join Swiss-Swedish robotics and engineering group ABB Ltd as CEO, the companies said in separate statements on Sunday.
Metal-cutting tools and mining gear maker Sandvik announced new long-term financial goals on Wednesday, after a structural overhaul it said will give it room to buy more companies.
Swedish engineering group Sandvik reported a better than forecast quarterly order intake on Thursday and said demand remained strong across all its business areas, sending an upbeat signal for the Nordic industrial sector.
Swedish mining equipment maker Epiroc reported quarterly order intake and underlying profitability slightly below analyst forecasts on Tuesday and said it expected near-term demand to remain at the current level.
Swedish metal-cutting tools and mining gear maker Sandvik on Wednesday reported fourth-quarter earnings and order intake just above analyst forecasts and said underlying customer activity had been stable in all customer segments except for a drop in automotive.
Sweden's Sandvik said on Tuesday order intake had improved significantly and broadly with stable activity also seen in an automotive industry hit by recent wobbles as it posted quarterly core earnings just ahead of forecast.
Swedish engineering firm Sandvik reported quarterly core earnings marginally ahead of market expectations on Tuesday and said order intake had improved significantly across all business areas.
Swedish Sandvik, which makes metal-cutting tools and mining gear, reported record-high quarterly earnings and orders on Tuesday on the back of a broad rise in demand, with its mining unit a particular stand-out.
Sweden's Sandvik, the world's biggest maker of metal cutting tools, has agreed to buy measurement technology company Metrologic Group for 360 million euros ($435 million) to strengthen its position in digital manufacturing.
Swedish engineering group Sandvik beat first-quarter operating earnings expectations on Tuesday boosted by strong results in its metal-cutting tools business, the group's main profit generator. But results in its mining gear business were slightly weaker than anticipated...
Swedish metal-cutting tools and mining gear maker Sandvik beat first-quarter operating expectations on Tuesday and reported a broad-based increase in customer activity at the start of the year.
Buyout firm KKR & Co LP <KKR.N> said on Friday it had agreed to buy industrial tool components manufacturer Hyperion from Sweden's Sandvik <SAND.ST>, its first acquisition of a relatively small manufacturing company.
KKR & Co LP has agreed to buy industrial tool components manufacturer Hyperion from Sandvik, a deal the U.S. buyout firm said marked its first acquisition in the mid-market industrials sector.
* SAYS SANDVIK HAS SIGNED AN AGREEMENT TO DIVEST HYPERION TO US LISTED INVESTMENT FIRM KKR AT A PRICE OF SEK 4 BILLION ($472.19 MILLION)
Engineering group Sandvik said on Tuesday it first needed to restore profitability in its specialty steels unit (SMT) before deciding on the future of the business that has long been speculated to be headed for a listing or a sale.
Buyout firms Nordic Capital and KKR & Co <KKR.N> are competing to acquire Hyperion, a U.S. manufacturer of metal cutting and drilling equipment owned by Swedish engineering company Sandvik AB <SAND.ST>, according to people familiar with the matter.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.