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market conditions. Stability and profitability before growth Sandvik introduced new, long-term financial goals, focusing on growth and improved economic performance throughout a business cycle, including a trough EBIT margin of 16 percent. During the year, Sandvik saw signs of a declining market in...
/directors-report/group-executive-management.html
and closely related persons): 34,407. Tomas Eliasson Born 1962. Executive Vice President and Chief Financial Officer, Sandvik AB, since 2016. Education and business experience: B.Sc. in Business Administration and Economics. CFO of AB Electrolux 2012–2016, CFO and Executive Vice President of ASSA...
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and Lars Westerberg. Areas addressed by the Audit Committee mainly related to: Monitoring the financial reporting and ensuring its reliability Effectiveness of the system of internal control and internal audit Planning, scope and follow-up of the internal and external audit for the year Assistance ...
/operations/our-share/sandvik-as-an-investment.html
to become relevant to customers on a broader spectrum and meet future commercial trends Strong financial performance Significant improvement in profitability and returns since 2016. Our decentralized business model drives accountability and speed in operating decisions close to customers. The impro...