Sandvik AB - Company Profile

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Sandvik AB (Sandvik) is a high-technology engineering company, which specializes in material technology and industrial processes. The company’s major offerings include metal cutting tools and tooling systems; mining and rock excavation equipment; stainless steel and titanium; furnace products and heating systems; and digital manufacturing solutions. The company caters to various sectors including aerospace, automotive, construction, general engineering, mining, nuclear power generation, oil and gas, process industry and renewable energy. The company sells its products through a network of direct sales force and distributors in the Americas, Europe, Africa, the Middle East and Asia-Pacific. Sandvik is headquartered in Stockholm, Sweden.

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Headquarters Sweden

Address Kungsbron 1, Section D, Plan 5, Stockholm, 11122


Telephone 46 8 4561100

No of Employees 16,994

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange SAND (STO)

Revenue (2023) $11.9B 12.6% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ 36.4% (2023 vs 2022)

Market Cap* $26.9B

Net Profit Margin (2023) XYZ 21.1% (2023 vs 2022)

* As of and is in US$
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Sandvik AB premium industry data and analytics

15+

Construction Projects

Access new construction projects and identify projects matching key criteria such as location, stage, sector, size, funding  and many others.

1

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).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Sandvik AB’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Metal Cutting Tools and Tooling Systems Digital Manufacturing Solutions Sandvik
Mining and Rock Excavation Equipment and Tools Sandvik Coromant
Additive Manufacturing Dormer Pramet
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
2024 Contracts/Agreements In February, the company entered into a partnership with Eltrak for stationary crushing machines.
2024 Acquisitions/Mergers/Takeovers In February, the company acquired pro-micron GmbH.
2024 New Products/Services In February, the company launched a new push bore reamer system.
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Competitor Comparison

Key Parameters Sandvik AB Mitsubishi Corp Nippon Steel Corp Komatsu Ltd DSV AS
Headquarters Sweden Japan Japan Japan Denmark
City Stockholm Chiyoda-Ku Chiyoda-Ku Minato-Ku Hedehusene
State/Province - Tokyo Tokyo Tokyo -
No. of Employees 16,994 79,706 106,068 64,343 73,577
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Johan Molin Chairman Executive Board 2015 64
Stefan Widing Chief Executive Officer; Director; President Executive Board 2020 46
Cecilia Felton Chief Financial Officer; Executive Vice President Senior Management 2022 39
Sofia Sirvell Chief Digital Officer Senior Management 2023 49
Bjorn Roodzant Head - Group Communications and Sustainability; Executive Vice President Senior Management 2023 54
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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