Sandvik AB - Company Profile

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Sandvik AB: Overview

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Sandvik AB (Sandvik or 'the company') is a provider of industrial and engineering services. The company involved in serving tooling, materials technology, mining, and construction markets. It offers products such as breakers and demolition tools, crushers and screens, mobile, rock tools, spare parts and wear parts, surface drill rigs, tunneling equipment, reaming tools, milling tools, turning tools, and tooling systems. The company is also involved in offering services for the mining and construction industries. It has operations across the US, China, Germany, Australia, Sweden, Brazil, Italy, South Africa, France, the UK, Canada, Russia, India, Japan, Mexico, and other countries. The company is headquartered in Stockholm, Sweden.

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Headquarters Sweden
Address Kungsbron 1, Sektion G, plan 5, Stockholm, 11122
Website www.home.sandvik
Telephone 46 8 4561100
No of Employees 41,962
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange SAND (STO)
Revenue (2024) $12.3B -1.8% (2024 vs 2023)
EPS XYZ
Net Income (2024) XYZ 20% (2024 vs 2023)
Market Cap* $50.3B
Net Profit Margin (2024) XYZ 22.2% (2024 vs 2023)
* As of and is in US$
View Sandvik AB financials
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Sandvik AB premium industry data and analytics

15+

Construction Projects

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Project Contacts

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7

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Sandvik AB (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

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Products and Services

Products Services Brands
Mining and Rock Excavation Equipment and Tools Digital Manufacturing Solutions Sandvik
Metal Cutting Tools and Tooling Systems Service on Demand Sandvik Coromant
Additive Manufacturing Rock Drills Services Dormer Pramet
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 Contracts/Agreements In April, the company secured an order from Aris Mining for underground mining equipment for SEK250 million.
2026 Acquisitions/Mergers/Takeovers In April, the company acquired a 80% stake in K&Y Diamond, a manufacturer of monocrystalline diamond tools.
2026 Contracts/Agreements In April, Mastercam entered into a partnership with camInstructor to bundle classroom-ready curriculum directly with Mastercam Educational Suite.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters Sandvik AB Mitsubishi Corp Caterpillar Inc Komatsu Ltd Epiroc AB
Headquarters Sweden Japan United States of America Japan Sweden
City Stockholm Chiyoda-Ku Irving Minato Nacka
State/Province - Tokyo Texas Tokyo Stockholm
No. of Employees 41,962 62,062 118,000 66,697 19,086
Entity Type Public Public Public Public Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Learn more
Executives
Name Position Board Since Age
Johan Molin Chairman Executive Board 2015 67
Stefan Widing Chief Executive Officer; Director; President Executive Board 2020 49
Cecilia Felton Chief Financial Officer; Executive Vice President Senior Management 2022 42
Mats Eriksson President - Mining Business Area Senior Management 2022 64
Sofia Sirvell Chief Digital Officer; Executive Vice President Senior Management 2023 52
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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