2019 highlights
- New financial goals and sustainability goals
- Declining demand in the machining segment while the mining and materials technology segments remained stable
- Efficiency measures initiated to mitigate downturn
- Several strategic acquisitions completed, including companies within electric battery solutions, wireless connectivity and round tools
- Agreement to divest a majority of Drilling and Completions (Varel)
- An internal separation of Sandvik Materials Technology within the Sandvik Group initiated
- Inauguration of a greenfield titanium powder plant in Sandviken, Sweden
- Sandvik was included in the 2019 Dow Jones Sustainability Index
- Stefan Widing was appointed new President and CEO of Sandvik
In 2019, Sandvik launched the first-ever 3D printed diamond composite. This superhard material can be 3D printed in highly complex shapes and used in a wide range of applications.
|
2018 |
2019 |
||||||
|---|---|---|---|---|---|---|---|---|
|
||||||||
Order intake, MSEK |
102,440 |
104,075 |
||||||
Revenues, MSEK |
100,072 |
103,238 |
||||||
Operating profit, MSEK |
18,655 |
13,386 |
||||||
Operating margin, % |
18.6 |
13.0 |
||||||
Adjusted operating profit, MSEK1) |
18,590 |
19,219 |
||||||
Adjusted operating margin, %1) |
18.6 |
18.6 |
||||||
Free operating cash flow, MSEK |
15,246 |
17,960 |
||||||
Return on capital employed, % |
22.7 |
15.2 |
||||||
Earnings per share, SEK |
10.54 |
6.97 |
||||||
Adjusted Earnings per share, SEK1) |
10.39 |
11.12 |
||||||
Net debt/equity ratio |
0.20 |
0.18 |
||||||
Lost Time Injury Frequency Rate, LTIFR2) |
1.7 |
1.5 |
||||||
Total Recordable Injury Frequency Rate, TRIFR3) |
3.9 |
3.8 |
||||||
Number of employees |
41,670 |
40,235 |
||||||
Share of women, % |
19.5 |
19.6 |
||||||
Revenues and order intake,
MSEK
LTIFR and TRIFR
Operating profit, MSEK
and operating margin, %
Revenues by customer segment
Revenues by market area
Indices
Sandvik is included in several prestigious sustainability indices and is a signatory of the UN Global Compact (UNGC).
