About Sandvik

Value-creating offerings

Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We have approximately 41,000 employees and sales in about 170 countries.

Business areas and divisions

Sandvik Mining and Rock Solutions

A global leading supplier of equipment and tools, parts, service, digital solutions and sustainability-driving technologies for mining and infrastructure industries.

52 %

53 %

Divisions

Digital Mining Technologies
Ground Support
Load and Haul
Mechanical Cutting
Parts and Services
Rock Tools
Rotary Drilling
Surface Drilling
Underground Drilling

Sandvik Rock Processing Solutions

A leading supplier of equipment, service and technical solutions for processing rock and minerals in the mining and infrastructure industries.

9 %

6 %

Divisions

Stationary Crushing and Screening
Mobile Crushing and Screening
Attachment Tools

Sandvik Manufacturing and Machining Solutions

A market-leading manufacturer of tools and tooling systems for advanced metal cutting, expanding into digital manufacturing and software solutions, as well as technologies such as additive manufacturing and in-line metrology.

39 %

41 %

Sandvik Machining Solutions¹⁾

Sandvik Coromant
Seco
Walter
Dormer Pramet
Powder Solutions
Tool Flow Solutions
GWS²⁾

Sandvik Manufacturing Solutions¹⁾

Design and Planning Automation
Industrial Metrology

1) Business area segments
2) As of January 1, 2024

Adjusted EBITA is excluding Group activities and items affecting comparability.

Key customer segments and share of revenues

Mining

        
  We deliver drill rigs, rock drilling tools and systems, load and haul machines, tunneling equipment, continuous mining and mechanical cutting equipment, crushing and screening, service and sustainability-driving technologies to increase digitalization, automation, safety and customer productivity.
  
		51%

	Sandvik Mining and Rock Solutions
	
	Sandvik Rock Processing Solutions

General engineering

        
  Our tools and tooling systems for metal cutting and manufacturing software 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.
  
		20%
	
	Sandvik Manufacturing and Machining Solutions

Infrastructure

        
  We offer solutions that increase safety and customer productivity in breaking, drilling, cutting, crushing and screening. Application areas include tunneling, quarrying, demolition and recycling.
  
		10%
	
	Sandvik Mining and Rock Solutions
	
	Sandvik Rock Processing Solutions

Automotive

        
  Our software solutions, tools and tooling systems for turning, milling and drilling in metals, as well as our industrial metrology offering, increase productivity when manufacturing, for example, engines and transmissions.
  
		7%
	
	Sandvik Manufacturing and Machining Solutions

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 end-to-end optimization are critical.
  
			4%
		
	Sandvik Manufacturing and Machining Solutions

Other

        
  Includes mainly energy, die and mould, electronics, medical, pump and valve, rail and defense.
  
		8%
	
	Sandvik Manufacturing and Machining Solutions

Annual Report 2023

About Sandvik

Value-creating offerings

Business areas and divisions

Sandvik Mining and Rock Solutions

A global leading supplier of equipment and tools, parts, service, digital solutions and sustainability-driving technologies for mining and infrastructure industries.

Share of revenues

Share of adjusted EBITA

Divisions

Sandvik Rock Processing Solutions

A leading supplier of equipment, service and technical solutions for processing rock and minerals in the mining and infrastructure industries.

Share of revenues

Share of adjusted EBITA

Divisions

Sandvik Manufacturing and Machining Solutions

A market-leading manufacturer of tools and tooling systems for advanced metal cutting, expanding into digital manufacturing and software solutions, as well as technologies such as additive manufacturing and in-line metrology.

Share of revenues

Share of adjusted EBITA

Sandvik Machining Solutions¹⁾

Sandvik Manufacturing Solutions¹⁾

Key customer segments and share of revenues

Mining

We deliver drill rigs, rock drilling tools and systems, load and haul machines, tunneling equipment, continuous mining and mechanical cutting equipment, crushing and screening, service and sustainability-driving technologies to increase digitalization, automation, safety and customer productivity.

General engineering

Our tools and tooling systems for metal cutting and manufacturing software 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.

Infrastructure

We offer solutions that increase safety and customer productivity in breaking, drilling, cutting, crushing and screening. Application areas include tunneling, quarrying, demolition and recycling.

Automotive

Our software solutions, tools and tooling systems for turning, milling and drilling in metals, as well as our industrial metrology offering, increase productivity when manufacturing, for example, engines and transmissions.

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 end-to-end optimization are critical.

Other

Includes mainly energy, die and mould, electronics, medical, pump and valve, rail and defense.

Related links

About Sandvik

Value-creating offerings

Business areas and divisions

Sandvik Mining and Rock Solutions

A global leading supplier of equipment and tools, parts, service, digital solutions and sustainability-driving technologies for mining and infrastructure industries.

Share of revenues

Share of adjusted EBITA

Divisions

Sandvik Rock Processing Solutions

A leading supplier of equipment, service and technical solutions for processing rock and minerals in the mining and infrastructure industries.

Share of revenues

Share of adjusted EBITA

Divisions

Sandvik Manufacturing and Machining Solutions

A market-leading manufacturer of tools and tooling systems for advanced metal cutting, expanding into digital manu­facturing and software solutions, as well as technologies such as additive manu­facturing and in-line metrology.

Share of revenues

Share of adjusted EBITA

Sandvik Machining Solutions1)

Sandvik Manufacturing Solutions1)

Key customer segments and share of revenues

Mining

We deliver drill rigs, rock drilling tools and systems, load and haul machines, tunneling equipment, continuous mining and mechanical cutting equipment, crushing and screening, service and sustainability-driving technologies to increase digitalization, automation, safety and customer productivity.

General engineering

Our tools and tooling systems for metal cutting and manufacturing software 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.

Infrastructure

We offer solutions that increase safety and customer productivity in breaking, drilling, cutting, crushing and screening. Application areas include tunneling, quarrying, demolition and recycling.

Automotive

Our software solutions, tools and tooling systems for turning, milling and drilling in metals, as well as our industrial metrology offering, increase productivity when manufacturing, for example, engines and transmissions.

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 end-to-end optimization are critical.

Other

Includes mainly energy, die and mould, electronics, medical, pump and valve, rail and defense.

Related links

A market-leading manufacturer of tools and tooling systems for advanced metal cutting, expanding into digital manufacturing and software solutions, as well as technologies such as additive manufacturing and in-line metrology.

Sandvik Machining Solutions¹⁾

Sandvik Manufacturing Solutions¹⁾

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 end-to-end optimization are critical.