Sandvik

Sandvik

Sandvik is a high-tech and global industrial group with sales in more than 150 countries, with a strong focus on improving customers’ productivity, profitability and sustainability. The Group combines products, software and digital solutions to provide a unique offering for the mining, infrastructure and manufacturing industries.

A decentralized decision-making process close to customers is a key to Sandvik’s success. The Group’s strategy aims at growth, both organically and through acquisitions. Sandvik is organized into four business areas and 23 divisions. The divisions have full profit responsibility, creating an entrepreneurial environment. Sandvik’s dominant customer segments are mining, engineering, infrastructure, automotive and aerospace.

Mining is a world-leading supplier of equipment, tools, spare parts, services and digital solutions for customers in the mining and infrastructure industries. The offering includes solutions for mine planning, rock drilling, rock cutting, loading and hauling, tunneling, ground support and rock excavation. 

Rock Processing is a leading supplier of equipment, tools, spare parts, services and solutions for crushing, screening, demolition and recycling within the mining and infrastructure industries. 

Machining is a global market-leading manufacturer of tools and tool systems for advanced metal cutting. 

Intelligent Manufacturing offers digital manufacturing and software solutions that, through a comprehensive and technology-agnostic offering, automate and connect the value chain for component manufacturing.

Sustainability

Sandvik has five focus areas for sustainability: developing sustainable solutions, achieving net zero emissions in the value chain, transitioning to a circular business model, ensuring responsible business practices in the value chain, and protecting and promoting people and communities. The company is included in several sustainability indexes. Sandvik’s climate targets are approved by the Science Based Targets initiative.

Finansiella mål

Sandvik’s financial objective is to achieve annual growth of 7% over a business cycle. The adjusted EBITA margin should be in the range of 20-22% over an economic cycle. Financial net debt in relation to EBITDA should be below 1.5, excluding major acquisitions. The dividend should amount to 50% of adjusted earnings per share over an economic cycle.