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 1.21 billion Swiss Francs [US$1.25 billion]
of which 54%
was Sheet Metal Processing Systems),
DMG Mori AG
(2.27 billion Euro [US$2.55 billion]
of which 55%
was Machines), and
based in Germany
(2.95 billion Euro [US$3.31 billion]
of which 47%
Sandvik AB reported sales of SEK 81.55 billion (US$9.38 billion)
December of 2016.
decrease of 5.0%
versus 2015, when the company's sales were SEK 85.85 billion.
Contributing to the drop in overall sales was the 7.0% decline
in Sandvik Materials Technology, from SEK 13.91 billion to SEK 12.93 billion.
However, these declines were partially offset by the increase in sales of
Sandvik Machining Solutions (up 0.6% to SEK 32.85 billion)
Group Activities (up 10.0% to SEK 22.00 million)