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) generates frequent news through its activities in Mining, Rock Processing, Machining and Intelligent Manufacturing. Company announcements cover topics such as major underground mining equipment orders, acquisitions, restructuring initiatives and capital markets communications. This news page aggregates those updates so readers can follow how Sandvik’s business areas develop over time.
A significant portion of Sandvik’s news flow relates to its Mining business area. The company reports large orders for underground mining equipment, including loaders, trucks, drills, drill rigs and rock bolters, as well as digital monitoring solutions like Remote Monitoring Service. Recent releases describe contracts with mining contractors and mine operators in Botswana, Mexico and Mongolia, highlighting Sandvik’s role as a supplier of equipment and digital services for underground mines.
Sandvik also issues news about its strategic acquisitions. Examples include the completed acquisition of Osa Demolition Equipment S.r.l., an Italy-based manufacturer of demolition tools and hydraulic hammers, which becomes a business unit within the Attachment Tools division in Rock Processing, and the acquisition of Verisurf Software Inc., a US-based 3D metrology software solutions provider that operates as a separate business unit in Machining and Intelligent Manufacturing.
Other regular news items include interim reports with financial results, invitations to presentations of quarterly reports, and information from events such as the Capital Markets Day themed "Advancing to 2030". These releases outline Sandvik’s transformation, long-term financial targets and focus on digitalization, automation and electrification. Investors, analysts and others interested in SDVKY can use this news page to review company announcements and follow developments across Sandvik’s business areas.
Sandvik AB (SDVKY) has announced the formation of its Nomination Committee for the 2026 Annual General Meeting, following the instruction adopted in 2020. The committee consists of five key members: Fredrik Lundberg (AB Industrivärden) as Chairman, Oscar Bergman (Swedbank Robur Funds), Lars Pettersson (Lundbergs), Daniel Kristiansson (Alecta), and Johan Molin (Sandvik's Chairman).
The committee will prepare proposals for the 2026 Annual General Meeting, scheduled for April 28, 2026, in Sandviken, Sweden. Their responsibilities include recommending the Meeting Chairman, Board composition, fees, auditor selection, and potential changes to committee instructions. Shareholders can submit proposals to the committee by January 19, 2026.
Sandvik (OTC:SDVKY) has secured a significant mining equipment order worth SEK 450 million from China-based JCHX Mining Management Co., Ltd. The equipment will be deployed at the Khoemacau Copper Mine in Botswana's Kalahari Copper Belt.
The comprehensive order includes loaders, trucks, drills, and digital monitoring solutions with Remote Monitoring Service capabilities. Deliveries are scheduled to commence in Q3 2025 and continue through Q2 2026.
Sandvik (OTC:SDVKY) has released its Q2 2025 financial results, showing mixed performance. The company reported order intake of SEK 32,206 million, with a 10% increase at fixed exchange rates. Revenues reached SEK 29,700 million, showing 4% growth at fixed exchange rates.
The company's profitability metrics showed some pressure, with adjusted EBITA margin at 19.0% (down from 19.6%) and adjusted EBIT margin at 17.5% (down from 18.1%). Notably, free operating cash flow improved to SEK 5,090 million from SEK 4,198 million. Adjusted earnings per share came in at SEK 2.96, compared to SEK 3.10 in the previous period.
Sandvik (OTC:SDVKY) has secured a significant mining equipment order valued at SEK 270 million from Oyu Tolgoi LLC for their copper-gold mine in Mongolia's South Gobi Desert. The order was booked in Q2 2025 and includes loaders and trucks.
Deliveries are scheduled to begin in October 2025 and continue through November 2026. The equipment will be deployed at Oyu Tolgoi, one of the world's largest copper-gold deposits, which is jointly owned by Rio Tinto and the Government of Mongolia.
Sandvik (OTC:SDVKY) has completed its acquisition of Osa Demolition Equipment S.r.l. (OSA), an Italian manufacturer of demolition tools and hydraulic hammers. The acquired company, founded in 1994, will be integrated into Sandvik's Attachment Tools division within the Rock Processing business area.
OSA, headquartered in Molfetta, Italy, operates a state-of-the-art manufacturing facility with R&D capabilities and employs 64 people. The company generated revenues of approximately SEK 150 million in 2024. Sandvik indicates that the acquisition's impact on its EBITA margin and earnings per share will be limited.
Sandvik (OTC:SDVKY) has scheduled the presentation of its second quarter 2025 financial results for July 16, 2025, at 11:30 AM CEST. The company will host a combined webcast and conference call at 1:00 PM CEST, featuring presentations from President and CEO Stefan Widing and CFO Cecilia Felton.
The presentation will be available via live webcast on home.sandvik, with conference call access provided for participants from Sweden, the UK, and the US. Presentation slides will be accessible on the company's website from approximately 12:30 PM CEST.
Sandvik (OTC:SDVKY) has initiated the first phase of its restructuring plan for its Machining business area, previously announced on May 20, 2025. The restructuring measures aim to enhance operational efficiency and margin resilience through 2025-2030.
The initiative is expected to generate annual savings of SEK 380 million, with 40% of savings realized by end-2025 and 90% by end-2026. The restructuring will incur costs of SEK 570 million in Q2 2025, including SEK 20 million in non-cash items. The plan involves workforce reduction of approximately 350 employees.
Sandvik (SDVKY) is hosting a Capital Markets Day in Gimo, Sweden, to present its new strategy 'Advancing to 2030'. The company announced an updated Group structure effective January 1, 2026, splitting Sandvik Manufacturing and Machining Solutions into two business areas. Starting July 1, 2025, Sandvik will operate through four business areas: Mining, Rock Processing, Machining, and Intelligent Manufacturing.
The company plans restructuring measures in its Machining business area through 2025-2030, aiming for annual run-rate savings of SEK 1 billion by 2030. This initiative will incur SEK 3 billion in restructuring costs and focus on improving geographical manufacturing footprint and organizational efficiency.