Sandvik Investor Relations Material
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Q3 2024
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Swedish business royalty
Sandvik is a Swedish engineering company that specializes in the development and manufacturing of advanced technology solutions. Sandvik’s flagship products and what they’re most known for is their expertise in mining equipment. Their portfolio encompasses products and services ranging from cutting-edge tools and equipment to high-performance materials.
Expertise spanning back over 160 years
Sandvik was founded in 1862 in Sandviken, Sweden, and has since played a significant role in the country's economy. The company has a rich history of innovation and has contributed to the development of Sweden's industrial landscape, especially within its thriving mining sector. Through providing vast amounts of jobs both in-house and through empowering the mining sector, Sandvik has played an important role in the broader Swedish economy. This in turn has had a positive effect on the economy, driving growth, technological advancement, and industrial progress.
Mining experts
Through their extensive expertise and experience, Sandvik have been at the forefront of developing innovative solutions for the mining sector. From underground and surface drilling to material handling and crushing, Sandvik's products and services have played a vital role in the growth and advancement of the mining industry. Today, they provide comprehensive solutions for mining operations, including advanced mining equipment, rock tools, drilling and cutting systems, as well as digital solutions for automation, data analysis, and remote monitoring. These products are specifically designed to meet the specific needs and requirements of the mining industry, and Sandvik is considered to be one the market leaders within the sector. Some of their competitors include other companies supplying the mining industry, with some examples being Caterpillar, Komatsu, and Epiroc.
From a small town outfit to a establishing a global presence
Sandvik might be best known for their products for the mining sector, but they also serve customers in other fields such as construction, manufacturing, and engineering. Within the mining sector, Sandvik's expertise and offerings are highly valued. With a global reach, Sandvik serves customers in mining-rich regions around the world.