Sandvik AB operates in the Machine tools, metal cutting types sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sandvik AB with three other
machine tool and accessory manufacturers in Europe:
sales of 1.14 billion Swiss Francs [US$1.15 billion]
of which 50%
was Sheet Metal Processing Systems),
(2.97 billion Euro [US$3.23 billion]
of which 49%
was Systems), and
DMG Mori AG
based in Germany
(2.30 billion Euro [US$2.51 billion]
of which 55%
Sandvik AB reported sales of SEK 85.85 billion (US$9.62 billion)
December of 2015.
decrease of 3.4%
versus 2014, when the company's sales were SEK 88.82 billion.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Sandvik AB had sales
of SEK 82.65 billion.
Contributing to the drop in overall sales was the 16.4% decline
in Sandvik Mining, from SEK 26.83 billion to SEK 22.42 billion.
There were also decreases in sales in
Sandvik Materials Technology (down 6.7% to SEK 13.91 billion)
Sandvik Construction (down 0.0% to SEK 8.55 billion)
However, these declines were partially offset by the increase in sales of
Sandvik Machining Solutions (up 5.8% to SEK 32.65 billion)
Sandvik Venture (up 8.3% to SEK 8.29 billion)
Group Activities (up 25.0% to SEK 20.00 million)