Sandvik operates as an engineering company in the areas of mining and rock excavation, metal-cutting, and materials technology worldwide. The Сompany offers metal-cutting tools and tooling systems, including boring, drilling, milling, reaming, and turning tools, as well as tailor made tools and inserts and tooling systems. It also provides stainless steels, special alloys, and titanium products comprising bar and hollow bars, controlled expansion alloy products, billets and blooms, hot isostatic pressed products, metal powders, plates and sheets, strip steels, and welding and wire products, as well as tubes, pipes, fittings, and flanges.
HQStockholm, SE
Size (employees)43,376 (est)
Sandvik Group was founded in 1862 and is headquartered in Stockholm, SE
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Key People/Management at Sandvik Group

Bjorn Rosengren

Bjorn Rosengren

President and CEO
Jessica Alm

Jessica Alm

Executive Vice President and Head of Group Communications
Goran Bjorkman

Goran Bjorkman

President of the Sandvik Materials Technology Business Area
Tomas Eliasson

Tomas Eliasson

Executive Vice President and Chief Financial Officer
Lars Engstrom

Lars Engstrom

President of the Sandvik Mining and Rock Technology Business Area
Klas Forsstrom

Klas Forsstrom

President of the Sandvik Machining Solutions Business Area
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Sandvik Group Office Locations

Sandvik Group has offices in Johannesburg, Fair Lawn, Lima, Mexico City and in 29 other locations
Stockholm, SE (HQ)
Kungsbron 1 Section G, floor 6
Buenos Aires, AR
Rincón 3198 San Justo
Brisbane, AU
60-62 Qantas Drive Brisbane Airport
Vienna, AT
Petritschgasse 12
Zaventem, BE
Fountain Plaza Belgicastraat 5 Bus 5/6
São Paulo, BR
Avenida das Nacoes Unidas, 21732
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Sandvik Group Financials and Metrics

Sandvik Group Revenue

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Sandvik Group's revenue was reported to be kr90.91 b in FY, 2017 which is a 11.5% increase from the previous period.

Revenue (FY, 2017)

90.9 b

Revenue growth (FY, 2016 - FY, 2017), %


Gross profit (FY, 2017)

36.6 b

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

13.2 b

EBIT (FY, 2017)

18.1 b

Market capitalization (10-Sep-2018)

703.4 m

Closing stock price (10-Sep-2018)


Cash (31-Dec-2017)

12.7 b


11.8 b
Sandvik Group's current market capitalization is $703.4 m.
SEKFY, 2014FY, 2015FY, 2016FY, 2017


88.8 b90.8 b81.6 b90.9 b

Revenue growth, %


Cost of goods sold

51.3 b55.2 b49.9 b54.3 b

Gross profit

37.5 b35.6 b31.7 b36.6 b
SEKFY, 2017


12.7 b

Accounts Receivable

13.2 b

Prepaid Expenses

833 m


21.4 b
SEKFY, 2017

Depreciation and Amortization

4.9 b


(2.2 b)

Accounts Payable

3.2 b

Cash From Operating Activities

14.3 b
SEKY, 2017


0.7 x


0.8 x


2.1 m


0.5 x


0.2 x

Financial Leverage

2.2 x
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Sandvik Group Revenue Breakdown

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Sandvik Group revenue breakdown by business segment: 15.1% from Materials Technology, 39.6% from Mining, 39.7% from Machining Solutions and 5.6% from Other

Sandvik Group revenue breakdown by geographic segment: 29.0% from Other Countries, 7.9% from Germany, 6.9% from China, 5.8% from Australia, 15.3% from USA and 35.1% from Other

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Sandvik Group Online and Social Media Presence

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Sandvik Group Company Life and Culture

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