Relevant GRI Indicators

Value-creating offerings

Sandvik is a global, high-tech engineering Group with approximately 40,000 employees and sales in more than 160 countries. We have a strong focus on enhancing customer productivity, profitability and sustainability.

Business areas/divisions

Sandvik Machining Solutions

A market-leading manufacturer of tools and tooling systems for advanced metal cutting, expanding into digital and additive manufacturing.

Sandvik Machining Solutions: tablet PC in manufacturing environment (photo)

Share of revenues

40%

Share of adjusted operating profit

47%

Divisions

  • Sandvik Coromant
  • Seco
  • Walter
  • Dormer Pramet
  • Wolfram
  • Additive Manufacturing
  • Applied Manufacturing Technologies

Sandvik Mining and Rock Technology

A leading supplier in equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry.

Sandvik Mining and Rock Technology: Automated giant loader in glass labyrinth (photo)

Share of revenues

43%

Share of adjusted operating profit

45%

Divisions

  • Underground Drilling
  • Loading and Hauling
  • Surface Drilling and Exploration
  • Crushing and Screening
  • Rock Drills and Technologies
  • Mechanical Cutting
  • Parts and Services
  • Rock Tools
  • Rotary Drilling

Sandvik Materials Technology

A leading developer and manufacturer of advanced stainless steels, powder-based alloys and special alloys for the most demanding industries.

Sandvik Materials Technology: Steel production environment (photo)

Share of revenues

15%

Share of adjusted operating profit

9%

Divisions

  • Tube
  • Kanthal
  • Strip

The remaining 2 percent of revenues and –1 percent of operating profit refer to Other Operations. Revenues and adjusted operating profit are excluding Group activities and operating profit is adjusted for items affecting comparability.

Key customer segments/share of revenues

Mining

We deliver drill rigs, rock-drilling tools and systems, mobile and stationary crushers, load and haul machines, tunneling equipment, continuous mining and mechanical cutting equipment, as well as service and various solutions to increase automation, safety and customer productivity.

Mining share of revenues 37% (bar chart)

Sandvik Mining and Rock Technology

Mining (icon)

Engineering

Our tools and tooling systems for metal cutting as well as advanced materials and components are used in engineering industries worldwide, improving productivity, profitability, quality and safety as well as reducing environmental impact. We are also a global leader in high-alloy metal powder.

Engineering share of revenues 21% (bar chart)

Sandvik Machining Solutions

Sandvik Materials Technology

Engineering (icon)

Energy

We offer solutions for all forms of energy production, including clean and renewable energy. We supply high-alloy products, such as stainless steel tubes for selected niches in the most demanding industries as well as tools and tooling systems to satisfy the industry’s metal-cutting needs.

Energy share of revenues 12% (bar chart)

Sandvik Machining Solutions

Sandvik Materials Technology

Energy (icon)

Automotive

Our tools and tooling systems for turning, milling and drilling in metals increase productivity when manufacturing, for example, engines and transmissions. Our stainless and high-alloy products are found in air conditioning and air bags, among other things.

Automotive share of revenues 11% (bar chart)

Sandvik Machining Solutions

Sandvik Materials Technology

Automotive (icon)

Construction

We offer products and services that increase safety and customer productivity in breaking, drilling, crushing and screening within the construction industry. Application areas include tunneling, quarrying, civil engineering, demolition and recycling.

Construction share of revenues 8% (bar chart)

Sandvik Mining and Rock Technology

Construction (icon)

Aerospace

We work closely with the world’s aerospace companies. As they apply new materials to manufacture airplanes that are lighter, safer and more fuel efficient, advanced tooling solutions and lightweight materials are critical.

Aerospace share of revenues 7% (bar chart)

Sandvik Materials Technology

Sandvik Machining Solutions

Aerospace (icon)

The remaining 4 percent includes mainly consumer goods, electronics and chemicals.