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Nicola Losurdo, Center Technician, operates a CNC machine at Sandvik Coromant in Milan (Italy). (photo)

From design, to production and verification, component manufacturing is becoming automated. Digital skills are increasingly required of operators to optimize the machining process. Nicola Losurdo, Center Technician, operates a CNC machine at Sandvik Coromant in Milan (Italy).

Machining and Intelligent Manufacturing

A global leading manufacturer of tools and tooling systems for advanced metal cutting, digital manufacturing and software solutions, as well as metal powder.

2025 in figures

Overview

 

2024

2025

Order intake, MSEK

49,187

48,557

Revenues, MSEK

48,567

47,273

Adjusted EBITA1), MSEK

9,718

9,385

Adjusted EBITA margin1), %

20.0

19.9

Return on capital employed, %

9.6

11.5

Return on capital employed, excluding amortization of surplus values, %

11.6

13.3

Number of employees2)

20,801

19,974

Gender balance (men/women), %

79/21

79/21

Women in managerial positions, %

19.2

19.6

Lost Time Injury Frequency Rate (LTIFR)

1.4

1.0

Total Recordable Injury Frequency Rate (TRIFR)

2.0

1.6

1)

Adjusted for items affecting comparability of SEK –799 million (–2,104).

2)

Full-time equivalent.

Revenues by customer segment

49%14%10%27% EngineeringAutomotiveAerospaceOther 1)
1) Includes mainly energy, die and mold, electronics, medical, pump and valve, rail and defense.

Revenues by region

47%28%21%2%1%1% Europe North AmericaAsiaSouth AmericaAfrica/Middle EastAustralia

Strategic priorities

  • Increase exposure to segments and regions with higher growth and good margins, such as aerospace, medical, and consumer electronics, and countries such as China, India and the US

  • Maximize cross-selling opportunities between cutting tools brands and software brands

  • Leading positions in manufacturing software business

Market position, solutions and capabilities

A unique combination of tools and software:

Market leading position in cutting tools (inserts, round tools, tools, premium offering with expert knowledge in machining components)

Leading positions in the industrial software market with different solutions for CAD/CAM, simulation and optimization of machining processes, and for 3D metrology.

Brands

Sandvik Coromant®, Seco®, Walter®, Dormer Pramet®, GWS®, Vericut®, Toolhive™, Ahno™, Wolfram™, Mastercam®, SigmaNEST®, Cimatron™, GibbsCAM™, Metrologic®, ZeroTouch®, Verisurf®, DCS®

Competitors

Premium market

IMC Group (ISCAR brand), Kennametal
Mid-market: Mitsubishi, IMC Group (TaeguTec brand), Kennametal (Widia brand)

CAM

Hexagon, Autodesk, Dassault Systems, Siemens

Metrology

Hexagon, Carl Zeiss, Innovmetric

2019–2025 target

Revenue growth (CAGR)

Machining

5 %

Intelligent Manufacturing

> 10 %

Outcome

1 %

Outcome

38 %

2025–2030 targets

Revenue growth (CAGR)

Machining

3 %

Intelligent Manufacturing

15 %

EBITA margin

Machining

22 % 24%

Intelligent Manufacturing

25 %

Manufacturing and machining value chain

Component design Machining Verification Production and operationengineering Shop-floor solutionsand logistics Component design Verification Shop-floor solutions and logistics Machining Production and operation engineering Component design Verification Shop-floor solutionsand logistics Machining Productionand operationengineering