Sandvik implements the first phase of restructuring initiatives in Machining
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 (OTC:SDVKY) ha avviato la prima fase del suo piano di ristrutturazione per l'area di business Machining, annunciato precedentemente il 20 maggio 2025. Le misure di ristrutturazione mirano a migliorare l'efficienza operativa e la resilienza dei margini nel periodo 2025-2030.
L'iniziativa dovrebbe generare risparmi annuali di 380 milioni di SEK, con il 40% dei risparmi realizzati entro la fine del 2025 e il 90% entro la fine del 2026. La ristrutturazione comporterà costi per 570 milioni di SEK nel secondo trimestre del 2025, inclusi 20 milioni di SEK in voci non monetarie. Il piano prevede una riduzione del personale di circa 350 dipendenti.
Sandvik (OTC:SDVKY) ha iniciado la primera fase de su plan de reestructuración para el área de negocio Machining, anunciado previamente el 20 de mayo de 2025. Las medidas de reestructuración buscan mejorar la eficiencia operativa y la resiliencia del margen durante 2025-2030.
Se espera que la iniciativa genere ahorros anuales de 380 millones de SEK, con un 40% de los ahorros realizados para finales de 2025 y un 90% para finales de 2026. La reestructuración implicará costos de 570 millones de SEK en el segundo trimestre de 2025, incluyendo 20 millones de SEK en partidas no monetarias. El plan contempla una reducción de plantilla de aproximadamente 350 empleados.
Sandvik (OTC:SDVKY)는 2025년 5월 20일에 발표한 Machining 사업부 구조조정 계획의 첫 단계를 시작했습니다. 이번 구조조정 조치는 2025년부터 2030년까지 운영 효율성과 마진 회복력을 강화하는 것을 목표로 합니다.
이번 조치는 연간 3억 8천만 SEK의 비용 절감을 기대하며, 2025년 말까지 40%, 2026년 말까지 90%의 절감 효과가 실현될 예정입니다. 구조조정으로 인해 2025년 2분기에 5억 7천만 SEK의 비용이 발생하며, 이 중 2천만 SEK는 비현금성 항목입니다. 계획에는 약 350명의 인력 감축이 포함되어 있습니다.
Sandvik (OTC:SDVKY) a lancé la première phase de son plan de restructuration pour la division Machining, annoncé précédemment le 20 mai 2025. Ces mesures visent à améliorer l'efficacité opérationnelle et la résilience des marges sur la période 2025-2030.
Cette initiative devrait générer des économies annuelles de 380 millions de SEK, avec 40 % des économies réalisées d'ici fin 2025 et 90 % d'ici fin 2026. La restructuration entraînera des coûts de 570 millions de SEK au deuxième trimestre 2025, dont 20 millions de SEK en éléments non monétaires. Le plan prévoit une réduction des effectifs d'environ 350 employés.
Sandvik (OTC:SDVKY) hat die erste Phase seines Restrukturierungsplans für den Geschäftsbereich Machining eingeleitet, der zuvor am 20. Mai 2025 angekündigt wurde. Die Restrukturierungsmaßnahmen zielen darauf ab, die operative Effizienz und Margenresilienz im Zeitraum 2025-2030 zu verbessern.
Die Initiative soll jährliche Einsparungen von 380 Millionen SEK bringen, wobei 40 % der Einsparungen bis Ende 2025 und 90 % bis Ende 2026 realisiert werden sollen. Die Restrukturierung wird im zweiten Quartal 2025 Kosten in Höhe von 570 Millionen SEK verursachen, darunter 20 Millionen SEK an nicht zahlungswirksamen Posten. Der Plan sieht einen Personalabbau von etwa 350 Mitarbeitern vor.
- Expected annual savings of SEK 380 million from restructuring
- 40% of savings to be realized by end of 2025, 90% by end of 2026
- Strategic initiative to improve operational efficiency and margin resilience
- One-time restructuring costs of SEK 570 million in Q2 2025
- Workforce reduction of approximately 350 employees
- SEK 20 million in non-cash charges
Today, Sandvik announces the implementation of the first phase of these initiatives.
The estimated annual savings from these measures is about
Costs related to the restructuring are expected to amount to
Of the total charge, approximately
Sandvik AB
For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008
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SOURCE Sandvik
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