Three business areas with different focuses
We began decentralizing our organization and consolidating Sandvik’s business portfolio in 2016 to improve our long-term efficiency and customer proximity. Our three business areas – Sandvik Machining Solutions, Sandvik Mining and Rock Technology and Sandvik Materials Technology – are divided into 18 product areas with full operational responsibility.
Each business area has its own set of opportunities and challenges concerning stability, profitability and growth that require different strategies and focus. Decentralization and consolidation of the business portfolio, combined with a stronger market environment, contributed to the Group's improved profitability in 2017.