Value-creating offerings
Sandvik is a global, high-tech engineering Group with approximately 37,000 employees and sales in more than 160 countries. We have a strong focus on enhancing customer productivity, profitability and sustainability.
BUSINESS AREAS/DIVISIONS
Sandvik Mining and Rock Solutions1)
A leading supplier in equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry.
Share of revenues
39%
Share of adjusted operating profit
46%
Divisions
- Underground Drilling
- Loading and Hauling
- Surface Drilling
- Rock Drills and Technologies
- Mechanical Cutting
- Parts and Services
- Rock Tools
- Rotary Drilling
Sandvik Manufacturing and Machining Solutions
A market-leading manufacturer of tools and tooling systems for advanced metal cutting, expanding into digital and additive manufacturing.
Share of revenues
38%
Share of adjusted operating profit
41%
Divisions
Sandvik Machining Solutions2)
- Sandvik Coromant
- Seco
- Walter
- Dormer Pramet
- Wolfram
Sandvik Manufacturing Solutions2)
- Additive Manufacturing
- Design and Planning Automation
- Metrology
Sandvik Materials Technology
A leading developer and manufacturer of advanced stainless steels, powder-based alloys and special alloys for the most demanding industries.
Share of revenues
16%
Share of adjusted operating profit
7%
Divisions
- Tube
- Kanthal
- Strip
Sandvik Rock Processing Solutions1)
A leading supplier in equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry.
Share of revenues
7%
Share of adjusted operating profit
7%
Divisions
- Stationary Crushing and Screening
- Mobile Crushing and Screening
- Attachment Tools
- Shanbao
The remaining –1 percent of adjusted operating profit refers to Other operations. Revenues and adjusted operating profit are excluding Group activities and operating profit is adjusted for items affecting comparability.
1) As of January 2021, Sandvik Mining and Rock Technology was divided into two separate business areas, Sandvik Mining and Rock Solutions and Sandvik Rock Processing Solutions.
2) In October 2020 the business area changed its name to Sandvik Manufacturing and Machining Solutions. Two business area segments were created: Sandvik Manufacturing Solutions and Sandvik Machining Solutions, as of January 1, 2021.
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.
Sandvik Mining and Rock Technology
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.
Sandvik Manufacturing and Machining Solutions
Sandvik Materials Technology
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.
Sandvik Manufacturing and Machining Solutions
Sandvik Materials Technology
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.
Sandvik Manufacturing and Machining Solutions
Sandvik Materials Technology
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.
Sandvik Mining and Rock Technology
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.
Sandvik Manufacturing and Machining Solutions
Sandvik Materials Technology
The remaining 3 percent include mainly consumer goods, electronics and chemicals.