Sandvik AB
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Stefan Widing
- Full Time Employees
- 41,801
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Sandvik AB Stockholm AB Sweden 111 22
- IPO Date
- Mar 15, 1905
- Website
- sandvik.com
- Similar Companies
- Business
- Sandvik AB (publ) (SAND.ST) is a high-tech engineering group that develops, manufactures and markets equipment, tools, services and digital solutions for mining and rock excavation, rock processing, metal cutting and machining; it operates through business areas including Sandvik Mining and Rock Solutions, which provides loaders, trucks, drills, rock tools and ground support for underground and surface mining; Sandvik Manufacturing and Machining Solutions, offering cutting tools, tooling systems, software, metal powders and in-line metrology; and Sandvik Rock Processing Solutions for crushing and screening equipment. Founded in 1862 and headquartered in Stockholm, Sweden, the company employs approximately 41,000 people and generates revenues of about 123 billion SEK from operations in more than 150 countries, serving customers in mining, infrastructure, manufacturing and other industrial sectors with a focus on productivity, sustainability and digitalization. Recent developments include multiple acquisitions in 2025, such as Osa Demolition Equipment in rock processing, Verisurf Software for 3D metrology, and several U.S.-based firms like Barefoot CNC, CamTech Engineering Services, CadCam Solutions, OptiPro Systems, MCAM Northwest, ShopWare and FASTech in machining and intelligent manufacturing; in 2024, it acquired Universal Field Robots for mining automation and Suzhou Ahno Precision Cutting Tool Technology; the group also invested in a new production line for surface drills in Tampere, Finland, and pursues a shift-to-growth strategy targeting 7% annual growth through organic expansion and bolt-on deals.
Company News
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