SANDVIK AB SDVKF overview

Sandvik to acquire the tube engineering solutions company Gerling GmbH PR Newswire SANDVIKEN, Sweden, Nov. 16, 2021 SANDVIKEN, Sweden , Nov. 16, 2021 /PRNewswire/ -- Sandvik has signed an agreement to acquire the German based company Gerling GmbH, a precision tube engineering company serving multiple industries including the fast-developing hydrogen market. The offering includes innovative engineering solutions, such as high-pressure control technology in hydrogen refueling stations. The company...

Sandvik announces first three members of the Board of SMT - the new company planned to be listed in 2022 PR Newswire SANDVIKEN, Sweden, Nov. 9, 2021 SANDVIKEN, Sweden , Nov. 9, 2021 /PRNewswire/ -- As previously communicated, the Sandvik Board intends to formally propose the distribution and listing of its business area Sandvik Materials Technology (SMT) at a shareholders' meeting next year, with the target to complete the listing in the second or third quarter of 2022, subject to shareholder...

Sandvik completes the acquisition of Polish round tools company Fanar PR Newswire SANDVIKEN, Sweden, Nov. 2, 2021 SANDVIKEN, Sweden , Nov. 2, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of the Polish company Fabryka Narzędzi FANAR S.A. (Fanar), a manufacturer of round tools. In 2020, Fanar had revenues of about SEK 175 million . Impact on Sandvik's earnings per share will be limited. The company will be reported in Seco, a division within the business area...

Sandvik: Interim Report Third Quarter 2021 PR Newswire SANDVIKEN, Sweden, Oct. 18, 2021 SANDVIKEN, Sweden , Oct. 18, 2021 /PRNewswire/ -- Third quarter 2021 Continuing operations Order intake SEK 26,292 million (19,909) Organic growth 21% (-11) Total order intake growth, at fixed exchange rates 31% (-12) Revenues SEK 24,826 million (20,145) Organic growth 13% (-11) Total revenue growth, at fixed exchange rates 23% (-13.0) Adjusted EBITA SEK 4,731 million (3,564) Adjusted EBITA margin 19.1%...

Sandvik targets Sandvik Materials Technology listing in Q2 or Q3 2022 PR Newswire SANDVIKEN, Sweden, Oct. 18, 2021 SANDVIKEN, Sweden , Oct. 18, 2021 /PRNewswire/ -- The Sandvik Board of Directors has today confirmed its previous decision to proceed with the preparation to distribute Sandvik Materials Technology (SMT) to Sandvik's shareholders and list the company's shares on the Nasdaq Stockholm Exchange. The Board's current target is to complete the listing on the Nasdaq Stockholm Exchange...

Sandvik completes the acquisition of leading CAM software company Cambrio PR Newswire SANDVIKEN, Sweden, Oct. 18, 2021 SANDVIKEN, Sweden , Oct. 18, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisistion of US-based Cambrio, a leading company with a portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace. In 2020, Cambrio had revenues of about SEK 628 million ( 68 million USD ) with an EBIT margin slightly...

Sandvik has acquired the medical wire forming company Accuratech Group PR Newswire SANDVIKEN, Sweden, Oct. 5, 2021 SANDVIKEN, Sweden , Oct. 5, 2021 /PRNewswire/ -- Sandvik has acquired the Swiss based company Accuratech Group, a niched medical wire forming and component manufacturer. The product offering includes ultra-fine wires and micro-tubes, semi-finished wire components, electroplating and other products and services mainly used for the medical industry. The company will be reported in...

Invitation - presentation of Sandvik's report of the third quarter 2021 PR Newswire STOCKHOLM, Oct. 4, 2021 STOCKHOLM , Oct. 4, 2021 /PRNewswire/ -- Sandvik will publish its third quarter results on Monday, October 18, 2021 at approximately 11:30 PM CEST . A combined webcast and conference call for investors, analysts and financial media will be held at 1:00 PM CEST . The report will be presented in a webcast and conference call by Stefan Widing , President and CEO as well as by Tomas Eliasson ,...