/directors-report/development-in-business-areas.html
to efficiency measures to mitigate a slower demand environment and to ensure optimized efficiency. Financial overview MSEK 2017 2018 2019 1) Operating profit adjusted for items affecting comparability of –439 million SEK in 2018 and of –930 million SEK in 2019. 2) Number of employees adjusted f...
/financial-information/consolidated-financial-statements/income-statement.html
5 1,337 1,184 Other operating expenses 6 –613 –4,119 Operating profit 1, 3, 7, 8 18,655 13,386 Financial income 374 492 Financial expenses –1,169 –1,729 Net financing costs 9 –795 –1,237 Profit after financial items 17,860 12,150 Income tax 10 –4,645 –3,421 Profit for the year, cont...
/directors-report/corporate-governance-report/board-of-directors.html
The Board of Directors is responsible for the company’s organization and the management of the company’s business. The Board is required to continuously monitor the company’s and the Group’s financial position. The Board is to ensure that the company’s organization is designed in a way tha...
/2019-in-brief/letter-from-the-ceo.html
Björn Rosengren, President and CEO until 1 February 2020 2019 was a successful and eventful year for Sandvik. We conducted several exciting acquisitions, presented new financial targets, new long-term sustainability targets and initiated the internal separation of Sandvik Materials Technology. We a...
/2019-in-brief/targets-and-target-fulfillment.html
Sandvik adopted new long-term financial targets in 2019, focusing on growth and profitabilty over a business cycle. Maintaining a strong financial position and dividend are also prioritized. Financial Targets Growth* ≥5% Target: A growth of ≥5 percent through a business cycle, organically and th...
