Welcome to our dedicated page for Sandvik Ab news (Ticker: SDVKY), a resource for investors and traders seeking the latest updates and insights on Sandvik Ab stock.
Sandvik AB (SDVKY) is a global leader in advanced mining equipment, machining solutions, and digital manufacturing technologies. This page provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and operational milestones.
Access comprehensive coverage of Sandvik's latest press releases including earnings reports, technology innovations, and global expansion efforts. Our curated news collection helps stakeholders track critical updates in mining automation, precision cutting tools, and computer-aided manufacturing (CAM) solutions.
Key areas of focus include acquisitions in industrial technology sectors, product launches for underground drilling systems, and partnerships advancing sustainable manufacturing practices. All content is verified from official sources to ensure accuracy and relevance for financial decision-making.
Bookmark this page for centralized access to Sandvik AB's corporate communications and market-moving announcements. Regularly updated to reflect the company's evolving position in engineering and industrial automation sectors.
Sandvik (SDVKY) has secured its largest-ever order for battery-electric vehicles (BEVs) from South32 for their Hermosa critical minerals project in Arizona. The order, valued at SEK 750 million, includes both battery-electric and conventional mining equipment such as trucks, loaders, bolters, development drills, and longhole drills.
Deliveries are scheduled from Q4 2026 through 2030, with the majority expected in 2026-2027. The Hermosa project is unique as the only advanced mine development in the US capable of producing two federally designated critical minerals - manganese and zinc. South32 plans to develop it into a multi-decade operation, with first production targeted for 2027.
Sandvik (SDVKY) has released its Q1 2025 financial results, showing positive growth across key metrics. The company reported order intake of SEK 32,763 million, representing a 3% increase at fixed exchange rates. Revenues reached SEK 29,301 million, growing 2% at fixed exchange rates.
The company demonstrated strong profitability improvements with adjusted EBITA of SEK 5,768 million and a margin of 19.7%, up from 18.2% in the previous period. Adjusted EBIT increased to SEK 5,262 million with an improved margin of 18.0%. The quarter's profit reached SEK 3,736 million, with adjusted earnings per share of SEK 3.01. Free operating cash flow remained stable at SEK 3,809 million.
Sandvik (SDVKY) has appointed Johanna Kreft as Executive Vice President and General Counsel, effective October 13, 2025. Kreft, currently serving in an equivalent position at Alleima, will join Sandvik's Group Executive Management.
Born in 1976, Kreft brings over 15 years of experience within Sandvik, including her role as Business Area General Counsel for Sandvik Materials Technology (SMT) before its spinoff as Alleima in 2022. She previously served as Chief Legal Counsel for SMT and Legal Counsel for Sandvik AB.
Kreft will replace Åsa Thunman, who is departing Sandvik to take a similar position at Skanska, the Swedish project development and construction group.
Sandvik (SDVKY) has announced the acquisition of Osa Demolition Equipment S.r.l. (OSA), an Italian manufacturer of demolition tools and hydraulic hammers. The acquisition, expected to close in Q3 2025, will strengthen Sandvik's position in the demolition and recycling segment.
OSA, founded in 1994, operates a state-of-the-art manufacturing facility in Molfetta, Italy, employing 64 people. The company generated revenues of approximately SEK 150 million in 2024 and primarily serves European markets, with additional presence in Australia and the U.S.
The acquired company will be integrated into Sandvik's Attachment Tools division within Sandvik Rock Processing Solutions. While the purchase price remains undisclosed, the acquisition is expected to have impact on Sandvik's EBITA margin and earnings per share.
Sandvik (SDVKY) has announced it will release its first quarter 2025 financial results on Wednesday, April 16, 2025, at approximately 11:30 AM CEST. The company will host a combined webcast and conference call at 13:00 PM CEST, featuring presentations from Stefan Widing, President and CEO, and Cecilia Felton, CFO.
The presentation will be available for viewing on home.sandvik, with presentation slides accessible from 12:30 PM CEST. Investors, analysts, and financial media can join via conference call using dedicated dial-in numbers for Sweden, UK, and US participants.
Sandvik AB (SDVKY) has announced its Annual General Meeting (AGM) to be held on April 29, 2025, at 4:00 p.m. at the Ferrum Arena in Sandviken, Sweden. Key highlights include:
- Proposed dividend of SEK 5.75 per share with expected payment on May 7, 2025
- Board proposes new long-term incentive program (LTI 2025) for approximately 350 senior executives and key contributors
- Maximum allocation of 1.9 million shares (0.15% of outstanding shares) under LTI 2025
The meeting will feature a pre-program about talent attraction in Sandviken and include the presentation of the Wilhelm Haglund medal and Sandvik Sustainability Award. Shareholders can participate either in person, by proxy, or through postal voting, with registration deadline set for April 23, 2025.
Sandvik (SDVKY) has secured a significant mining equipment order valued at SEK 450 million from a leading mining customer in Southeast Asia. The order encompasses development drills, cable bolters, and load and haul equipment.
The deliveries are scheduled to commence in Q2 2025 and continue through Q1 2026. The order was booked in Q1 2025, demonstrating customer confidence in Sandvik's intelligent underground drills and productive load and haul equipment solutions.
Sandvik has secured a major order worth SEK 320 million from Peruvian mining company Buenaventura for underground mining equipment. The order includes loaders and drills destined for three underground mines: El Brocal, Yumpag, and Uchucchacua.
The equipment delivery is scheduled to commence in Q3 2025 and continue through Q1 2026. The comprehensive deal includes not only the equipment fleet but also encompasses spare parts, components, and maintenance services throughout the equipment's operational lifetime.
Sandvik has announced the acquisition of Verisurf Software, a US-based 3D metrology software solutions provider. The deal strengthens Sandvik's position in industrial metrology and digital manufacturing, particularly for small and mid-sized manufacturers (SMEs).
Verisurf, headquartered in Anaheim, California, serves approximately 1,500 companies primarily in North America, with significant presence in aerospace and defense sectors. The company provides modular software solutions for quality inspection, assembly guidance, and reverse engineering built on the Mastercam Design platform.
The acquisition, valued at an undisclosed amount, is expected to close in Q2 2025. Verisurf generated revenues of approximately SEK 130 million (USD 12 million) in 2024 and employs 44 people. The company will operate as a separate business unit within Sandvik Manufacturing and Machining Solutions, with impact on Sandvik's EBITA margin and earnings per share.
Sandvik AB (SDVKY) has announced the release of its Annual Report 2024 on March 10, 2025. The report is now accessible on the company's website and will be distributed in a printed edition to shareholders who have specifically requested it.
The report can be accessed and ordered through the company's website at https://www.home.sandvik/annualreports. This disclosure was made in compliance with the Securities Market Act requirements, with the information being published at 10:00 CET.
