Company Sandvik AB

Equities

SAND

SE0000667891

Industrial Machinery & Equipment

Market Closed - Nasdaq Stockholm 11:29:47 2024-04-18 am EDT 5-day change 1st Jan Change
239.9 SEK +0.33% Intraday chart for Sandvik AB +0.42% +10.00%

Business Summary

Sandvik AB is one of the world's leading manufacturers of machines-tools and industrial tools. Net sales (not including sold divisions) break down by family of products as follows:

- machines and tools for mining and infrastructure (50.6%; No. 1 worldwide): drilling semi-trailers, rock perforation tools, excavators, lifting machines, etc.;

- cutting tools and machine-tools (40.9%): intended for machining metals;

- equipment for rock and mineral processing (8.5%): crushing and screening equipment, fixing tools, etc.

Net sales are distributed geographically as follows: Sweden (1.9%), Europe (24.7%), North America (24.8%), Asia (18.6%), Australia and New Zealand (11.8%), Africa and Middle East (11.6%), and South America (6.6%).

Number of employees: 35,235

Sales per Business

SEK in Million2022Weight2023Weight Delta
Sandvik Mining and Rock
51.9 %
56,843 50.6 % 65,690 51.9 % +15.56%
Sandvik Manufacturing and Machining
39.0 %
45,901 40.9 % 49,340 39.0 % +7.49%
Sandvik Rock Processing
9.1 %
9,587 8.5 % 11,472 9.1 % +19.66%

Sales per region

SEK in Million2022Weight2023Weight Delta
Other Countries
16.3 %
18,226 16.2 % 20,671 16.3 % +13.41%
United States
14.6 %
16,408 14.6 % 18,425 14.6 % +12.29%
Australia
12.1 %
12,679 11.3 % 15,247 12.1 % +20.25%
Canada
6.6 %
6,837 6.1 % 8,406 6.6 % +22.95%
China
6.5 %
8,361 7.4 % 8,280 6.5 % -0.97%
Germany
5.7 %
6,616 5.9 % 7,195 5.7 % +8.75%
South Africa
4.2 %
5,102 4.5 % 5,324 4.2 % +4.35%
Mexico
4.0 %
4,581 4.1 % 5,007 4.0 % +9.30%
Italy
3.0 %
3,514 3.1 % 3,855 3.0 % +9.70%
Indonesia
2.9 %
3,042 2.7 % 3,702 2.9 % +21.70%
Brazil
2.6 %
2,577 2.3 % 3,313 2.6 % +28.56%
India
2.4 %
3,355 3.0 % 3,075 2.4 % -8.35%
France
2.4 %
2,594 2.3 % 3,000 2.4 % +15.65%
Chile
2.0 %
2,044 1.8 % 2,571 2.0 % +25.78%
Sweden
1.8 %
2,181 1.9 % 2,232 1.8 % +2.34%
Poland
1.5 %
1,629 1.5 % 1,937 1.5 % +18.91%
United Kingdom
1.5 %
1,589 1.4 % 1,879 1.5 % +18.25%
Ghana
1.4 %
1,614 1.4 % 1,749 1.4 % +8.36%
Spain
1.2 %
1,215 1.1 % 1,497 1.2 % +23.21%
Japan
1.2 %
1,476 1.3 % 1,455 1.2 % -1.42%
Peru
1.1 %
1,272 1.1 % 1,378 1.1 % +8.33%
Turkey
1.1 %
1,092 1.0 % 1,371 1.1 % +25.55%
Austria
1.0 %
1,262 1.1 % 1,278 1.0 % +1.27%
Tanzania
1.0 %
-- 1,262 1.0 % -
Congo
1.0 %
-- 1,205 1.0 % -
Switzerland
0.9 %
906 0.8 % 1,189 0.9 % +31.24%

Managers

Managers TitleAgeSince
Chief Executive Officer 47 20-01-31
Director of Finance/CFO 40 12-12-31
Investor Relations Contact 50 20-11-30
Corporate Officer/Principal 50 20-12-31
Corporate Officer/Principal 54 01-12-31
Corporate Officer/Principal 53 20-09-30
Human Resources Officer 54 03-12-31
Corporate Officer/Principal 38 09-01-31
General Counsel 55 14-09-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 83 82-12-31
Director/Board Member 62 15-05-06
Chairman 65 15-05-06
Director/Board Member 60 17-03-26
Director/Board Member 65 19-12-31
Director/Board Member 54 16-04-27
Director/Board Member 73 15-05-06
Chief Executive Officer 47 20-01-31
Director/Board Member 49 15-12-31
Director/Board Member 53 21-04-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,254,385,923 1,216,406,405 ( 96.97 %) 0 96.97 %

Shareholders

NameEquities%Valuation
Industrivärden AB (Investment Company)
14.10 %
176,900,000 14.10 % 3 933 M kr
Swedbank Robur Fonder AB
6.322 %
79,296,934 6.322 % 1 763 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
4.925 %
61,782,464 4.925 % 1 373 M kr
Alecta Pension Insurance Mutual
4.730 %
59,327,148 4.730 % 1 319 M kr
37,500,000 2.990 % 834 M kr
Nordea Investment Management AB
1.905 %
23,895,718 1.905 % 531 M kr
AMF Tjänstepension AB (Investment Management)
1.905 %
23,892,500 1.905 % 531 M kr
Norges Bank Investment Management
1.654 %
20,741,804 1.654 % 461 M kr
Livförsäkringsbolaget Skandia, ömsesidigt
0.9650 %
12,104,830 0.9650 % 269 M kr
Storebrand Asset Management AS
0.9196 %
11,535,602 0.9196 % 256 M kr
NameEquities%Valuation
Yousif Capital Management LLC
0.001680 %
21,078 0.001680 % 468 564 kr
RhumbLine Advisers LP
0.001639 %
20,563 0.001639 % 457 115 kr
GAMMA Investing LLC
0.000344 %
4,314 0.000344 % 95 900 kr
Amundi Asset Management SA (Investment Management)
0.000288 %
3,610 0.000288 % 80 250 kr
UBS Asset Management (Canada) Inc.
0.000199 %
2,500 0.000199 % 55 575 kr
PNC Investments LLC
0.000069 %
861 0.000069 % 19 140 kr
First Horizon Advisors, Inc.
0.000052 %
658 0.000052 % 14 627 kr
Byrne Asset Management LLC
0.000017 %
219 0.000017 % 4 868 kr
Wetzel Investment Advisors, Inc.
0.000007 %
88 0.000007 % 1 956 kr
Financial Gravity Asset Management, Inc.
0.000000 %
1 0.000000 % 22 kr

Holdings

NameEquities%Valuation
1,447,875 25.10% 26,423,791 $
14,500,000 4.70% 8,077,370 $

Company contact information

Sandvik Aktiebolag

Kungsbron 1 Section D, Plan 5

111 22, Stockholm

+46 84 56 11 00

http://www.sandvik.com
address Sandvik AB(SAND)

Group companies

NameCategory and Sector
Tools & Hardware
Tools & Hardware
Industrial Machinery
Other Metals/Minerals
Wholesale Distributors
Industrial Machinery
Wholesale Distributors
Industrial Machinery
Steel

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
239.9 SEK
Average target price
237.4 SEK
Spread / Average Target
-1.02%
Consensus