YEAR IN BRIEF

  • Challenging market conditions with aerospace and automotive the stronger segments in relative terms
  • Strengthened product and service offering in core businesses and 850 new patents and other intellectual property rights
  • Supply Chain Optimization Program progressing according to plan and internal efficiency measures ongoing across all business areas and Group functions
  • Continued strong cash flow with focus on capital allocation and reduced inventories
  • Active portfolio management; intention to divest Mining Systems and acquisition of SGL Technology BV
  • Inclusion in the Dow Jones Sustainability World Index, ranking us in the top 10% of the most sustainable companies in our industry globally
  • Lost time injury frequency rate (LTIFR) at a record low level (2.1)
  • Björn Rosengren new CEO of the Sandvik Group as of 1 November 2015

4,059 MSEK : Profit after financial items

86,378 MSEK : Order intake -8%*

90,822 MSEK : Invoiced sales -6%*

7.9 % : Return on capital employed

1.79 SEK : Earnings per share

2.50 SEK : Proposed dividend

* At fixed exchange rates for comparable units and including discontinued operations.

Our business areas

Sandvik is organized into five business areas responsible for research and development, production, marketing and sales of their respective products.

Our business areas

Share of Sandvik invoicing

  • Machining Solutions 36
  • Mining 30
  • Materials Technology 15
  • Construction 10
  • Venture 9

Customer segments

Share of the Group’s 2015 total invoiced sales.

Mining

32%

Engineering

23%

Energy

13%

Automotive

11%

Construction

10%

Aerospace

5%

More from inside the report

Thanks to more advanced technology and a new unique material, it is now possible to produce cleaner coal power, reducing CO2-emissions by up to 30%.

Anders Digernes, from Sandvik Coromant in Norway, led the development of a new generation of the technology behind our vibration-dampened tools - Silent Tools®.

Michael Eneberg is Sales Manager for Sandvik Coromant, Sandvik Machining Solutions, in Indonesia. Learn more about his views on leadership, performance and career opportunities.

Our sustainability work

Read more about how we work to become a truly sustainable company.

Sandvik Sustainable Business Report 2015  (PDF document, 2 MB)

Please note that the official audited version of the Annual Report is the Swedish version available in the pdf and printed versions.