Strategic progress
Major achievements
Rock Processing experienced solid demand from the mining business and continued to make progress in expanding downstream. The increased activity in the demolition and recycling segment in the US drove orders for our premium solutions and we saw good contribution from the attachment tools manufacturer OSA Demolition Equipment, acquired in July 2025.
During the year, the Attachment Tools division secured two large orders for mining boom systems at a total value of SEK 154 million and the Screening Solutions division received a major order for screening equipment to an iron ore mine in Australia at a value of SEK 95 million.
We continued to leverage our superior crusher technology through the upgraded 800i cone crusher series, enabling higher crushed volumes and finer particle sizes. Sandvik crushing technique allows for a more efficient process where fine crushing can partially replace grinding. Fine crushing is up to 10 times more energy efficient than grinding, reducing costs for the customer. Today, hundreds of mines use old legacy techniques, and hence this is a growth area for Sandvik. The number of orders for the 800i series grew during the year, exceeding 2024 record levels. We also made strategic progress in our ambition to grow in the mining and aftermarket businesses by realizing synergies from the 2023 acquisition of SP mining.
We continuously work closely with our customers to improve their operations. One example is mining company Gold Fields that achieved an 18 percent increase in efficiency, and annual savings of more than AUD 1.5 million, after upgrading its crushing and screening circuit at the Agnew Gold Mine in Western Australia. Agnew also won Outstanding Mine Performance and the 2025 Australian Mine of the Year Award.
We continued to increase the aftermarket business’ share of total sales, supported by a larger installed base and enhanced service offerings. Aftermarket sales accounted for 59 percent of revenues by the end of 2025.
In addition, we leveraged further on our broadened screening media offering and increased manufacturing capacity closer to our customers, and we expanded our sales and service footprint in key regions such as China, Africa, and Australia. Margins improved, and despite a subdued infrastructure demand, we made substantial savings, and retained good cost control.
Expansion in demolition and recycling
In demolition and recycling, we achieved a key milestone in our strategic ambition to expand in high-growth niches, driving growth across the value chain through both organic initiatives and strategic acquisitions. We successfully gained dealer traction and strengthened our position with the acquisition of OSA Demolition Equipment, an Italy-based manufacturer of demolition tools and hydraulic hammers. With this addition, Sandvik strengthened its presence in Europe, Australia, and the United States with a full-service solution within demolition and recycling.
During the year, we strengthened our offering by introducing Basic Premium for mobile crushing and screening, offering customers more tailored and scalable solutions. The introduction of the Basic Premium range makes our high-quality solutions more accessible to a broader market. Tailored for demolition, recycling, and emerging markets, these cost-effective models offer high productivity, robust performance, and retrofittable aftermarket options, bridging the gap between affordability and excellence.
Progress in electrification
2025 marked the completion of our fully electric tracked crushing and screening train, a major leap forward in sustainable rock processing. The new train includes products like the U443E fully electric jaw crusher, the QH443E electric-driven cone plant, and the QA452e hybrid triple-deck Doublescreen. It empowers customers to maximize uptime and productivity while minimizing their environmental footprint. The units can operate via external grid supply or onboard genset, significantly reducing emissions, noise, and running costs. The integration with advanced automation systems like Optik™ and My Fleet™ enables seamless integration with existing operations and entails faster ramp-up, reduced training needs, and superior operational performance.