About Sandvik
Facts in brief

The Sandvik Group
Sandvik is a high-technology, engineering group with advanced products and a world-leading positions within selected areas. Worldwide business activities are conducted through representation in more than 130 countries. In 2009 the Group had 44,000 employees and sales of approximately SEK 72 billion.

Sandvik’s operations are based on unique expertise in materials technology and extensive insight into customer processes. This combination has provided world-leading positions in three primary areas:
  • Tools for metal cutting in cemented carbide and high-speed steel as well as components in cemented carbide and other hard materials.
  • Equipment and tools for the mining and construction industries.
  • Products in advanced stainless materials, titanium, special alloys, metallic and ceramic resistance materials and process systems.

Business concept
Sandvik shall develop, manufacture and market high-tech products and services that facilitate higher customer productivity and profitability.

Ownership
The largest shareholders, in percent of voting rights 31 December 2009, were AB Industrivärden (11.4), Swedbank Robur Funds (4.7) and Svenska Handelsbanken's Pension Foundation (4.0). See Top Ten shareholders.

Group executive management
Anders Nyrén is Chairman of the Board and Lars Pettersson President and Chief Executive Officer of Sandvik AB.

Organization / Business areas

Research and development
Sandvik invests almost SEK 3 billion each year in research and development and more than 2,400 employees are active in this area. The Group has about 5,000 active patents.

The business areas in figures
Sales 2009
Earnings 2009
SEK M
SEK M
% of invoic.
Sandvik Tooling
19 078
-527
-2.8
Sandvik Mining and Construction
32 621
466
1.4
Sandvik Materials Technology
15 328
-1 137
-7.4
Seco Tools
4 871
307
6.3
Group activities
39
-521
Group total
71 937
-1 412
-2.0



Invoicing by customer segment





The world as our home market
Sales and number of employees in the ten largest markets 2009
SEK M
Number of employees
USA
8 854
4 287
Australia
7 154
2 269
Germany
5 679
3 557
China
4 833
1 761
South Africa
3 567
1 961
Sweden
3 356
10 285
Italy
2 835
917
France
2 807
1 996
Brazil
2 345
1 514
United Kingdom
2 127
1 681



Number of employees, 31 Dec. 2009

Sandvik Tooling
15 296
Sandvik Mining and Construction
14 429
Sandvik Materials Technology
8 246
Seco Tools
4 487
Group activities
1 897
Group total
44 355



The Group in figures
2009
2008
2007
Invoiced sales, SEK M
71 937
92 654
86 338
Change, %
-30
7
19
of which organic, %
-26
5
18
of which structural, %
1
2
3
of which currency, %
1
0
-2
Operating profit, SEK M
-1 412
12 794
14 394
as % of invoicing
-2
14
17
Profit after financial items, SEK M
-3 472
10 557
12 997
as % of invoicing
-5
12
15
Consolidated net profit for the year, SEK M
-2 596
7 836
9 594
Shareholders’ equity, SEK M
29 957
36 725
29 823
Equity ratio, %
33
36
35
Net debt/equity ratio, multiple
1.0
0.9
1.0
Rate of capital turnover, %
73
101
112
Cash and cash equivalents, SEK M
7 506
4 998
2 006
Return on shareholders’ equity, %
-7.9
24.8
34.4
Return on capital employed, %
-1.3
19.9
27.0
Investments in property, plant and equipment, SEK M
4 625
7 169
5 399
Total investments, SEK M
6 780
8 301
10 068
Cash flow from operations, SEK M
12 312
9 671
5 476
Cash flow, SEK M
2 471
2 764
179
Number of employees, 31 December
44 355
50 028
47 123



© Sandvik ABLatest update: 05/05/2010 11:17:43 AM

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