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Sandvik AB (SAND.ST)

SAND.ST on Stockholm Stock Exchange

126.35SEK
7 Dec 2018
Change (% chg)

0.25kr (+0.20%)
Prev Close
126.10kr
Open
126.10kr
Day's High
128.20kr
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126.10kr
Volume
3,458,032
Avg. Vol
2,979,278
52-wk High
165.75kr
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126.10kr

Latest Key Developments (Source: Significant Developments)

Sandvik wins order from Hindustan Zinc based on software platform OptiMine
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Sandvik AB ::SANDVIK DRIVES DIGITALIZATION OF A HINDUSTAN ZINC MINE.SAYS HAS RECEIVED A STRATEGIC ORDER TO IMPLEMENT A MAJOR DIGITAL TRANSFORMATION AT HINDUSTAN ZINC'S SINDESAR KHURD (SK) MINE IN INDIA BASED ON ITS SOFTWARE PLATFORM SANDVIK OPTIMINE®.SAYS FOR THIS PROJECT, SANDVIK PARTNERS WITH NEWTRAX TECHNOLOGIES INC., WHICH WILL DELIVER PERSONNEL TRACKING WITH CAP LAMPS, TRACKING AND TELEMETRY DATA FOR ENTIRE MOBILE UNDERGROUND FLEET, INCLUDING NON-SANDVIK EQUIPMENT, NUMBERING MORE THAN 150 DRILLS, LOADERS, TRUCKS AND OTHER EQUIPMENT.  Full Article

Sandvik CEO says saw "some weakness" for Automotive in China by end of Q3
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Sandvik AB CEO in media conference call ::SANDVIK CEO SAYS SAW "SOME WEAKNESS" FOR AUTOMOTIVE IN CHINA BY END OF Q3.  Full Article

Sandvik Acquires The U.S.-Based Custom Electric Manufacturing
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Sandvik AB ::SANDVIK ACQUIRES THE US-BASED CUSTOM ELECTRIC MANUFACTURING.ACQUIRES PRIVATELY OWNED CUSTOM ELECTRIC MANUFACTURING CO., HEADQUARTERED IN WIXOM, MICHIGAN, USA..TRANSACTION WAS CLOSED TODAY.BUSINESS WILL BE REPORTED AS PART OF PRODUCT AREA KANTHAL WITHIN BUSINESS AREA SANDVIK MATERIALS TECHNOLOGY.IN 2017, THE COMPANY HAD REVENUES OF 5.2 MILLION USD.  Full Article

Sandvik completes purchase of Metrologic Group
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Sandvik AB ::SANDVIK COMPLETES THE ACQUISITION OF METROLOGIC GROUP.SANDVIK AB SAYS IN FISCAL YEAR 2017, METROLOGIC GROUP GENERATED REVENUES OF 43.3 MILLION EUR WITH AN OPERATING MARGIN WHICH WOULD HAVE BEEN SLIGHTLY ACCRETIVE TO OPERATING MARGIN OF SANDVIK MACHINING SOLUTIONS.  Full Article

Sandvik Acquires U.S drill tools-maker Inrock
Monday, 2 Jul 2018 

July 2 (Reuters) - Sandvik AB ::SANDVIK ACQUIRES INROCK, A LEADING ROCK DRILLING TOOLS SUPPLIER.IN 2017 INROCK HAD REVENUES OF 46 MILLION USD AND 70 EMPLOYEES.IMPACT ON EARNINGS PER SHARE WILL INITIALLY BE NEUTRAL TO SLIGHTLY POSITIVE.  Full Article

Sandvik sells stainless wire business in 183 mln SEK deal
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Sandvik AB ::SANDVIK DIVESTS ITS STAINLESS WIRE BUSINESS.SAYS REVENUES FOR STAINLESS WIRE BUSINESS AMOUNTED TO 310 MILLION SEK IN 2017 AND ENTERPRISE VALUE IS 183 MILLION SEK.SAYS AGREEMENT TO DIVEST ITS STAINLESS WIRE BUSINESS TO ZAPP GROUP, A GERMAN FAMILY-OWNED LEADING SUPPLIER OF ADVANCED METAL PRODUCTS.  Full Article

Sandvik Divests Ownership In Joint Venture Fagersta Stainless
Tuesday, 15 May 2018 

May 15 (Reuters) - SANDVIK AB ::SANDVIK DIVESTS OWNERSHIP IN JOINT VENTURE FAGERSTA STAINLESS.SAYS IMPACT ON SANDVIK'S EARNINGS PER SHARE IS EXPECTED TO BE NEUTRAL..  Full Article

Outokumpu Acquires Fagersta Stainless Wire Rod Mill In Sweden
Tuesday, 15 May 2018 

Outokumpu Oyj ::OUTOKUMPU ACQUIRES FAGERSTA STAINLESS WIRE ROD MILL IN SWEDEN.OUTOKUMPU ACQUIRES FAGERSTA STAINLESS WIRE ROD MILL IN SWEDEN.FAGERSTA STAINLESS IS CURRENTLY A 50/50 JOINT VENTURE OWNED BY OUTOKUMPU AND SANDVIK MATERIALS TECHNOLOGY..OUTOKUMPU AND SANDVIK HAVE SIGNED AN AGREEMENT FOR OUTOKUMPU TO PURCHASE FULL OWNERSHIP OF FAGERSTA STAINLESS WIRE ROD MILL.CASH CONSIDERATION OF TRANSACTION IS EUR 18 MILLION..OWNERSHIP WILL INCREASE TO 90 PER CENT AT END OF JUNE 2018 AND TO 100 PER CENT AT END OF 2019.  Full Article

Sandvik To buy Metrology Software Company Metrologic Group for 360 mln euros
Friday, 27 Apr 2018 

April 27 (Reuters) - Sandvik AB ::SANDVIK TO ACQUIRE METROLOGY SOFTWARE COMPANY METROLOGIC GROUP.SANDVIK AB SAYS SANDVIK INTENDS TO ACQUIRE FRENCH SOFTWARE COMPANY METROLOGIC GROUP FROM ASTORG PARTNERS AT A PRICE OF 360 MILLION EUR, ON A CASH AND DEBT FREE BASIS.SANDVIK AB SAYS IN ITS FISCAL YEAR ENDING IN SEPTEMBER 2017 METROLOGIC GROUP GENERATED REVENUES OF 43.3 MILLION EUR WITH AN EBITDA MARGIN WHICH WOULD BE ACCRETIVE TO THAT OF SANDVIK MACHINING SOLUTIONS.SANDVIK AB SAYS IMPACT ON EARNINGS PER SHARE WILL INITIALLY BE NEUTRAL TO SLIGHTLY POSITIVE..  Full Article

Sandvik to sell Hyperion to KKR for SEK 4 bln
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Sandvik Ab ::SANDVIK HAS SIGNED AN AGREEMENT TO DIVEST HYPERION.SAYS ‍SANDVIK HAS SIGNED AN AGREEMENT TO DIVEST HYPERION TO US LISTED INVESTMENT FIRM KKR AT A PRICE OF SEK 4 BILLION ($472.19 MILLION).SAYS ‍AGREEMENT TO DIVEST HYPERION TO US LISTED INVESTMENT FIRM KKR <<>> AT A PRICE OF 4 BILLION SEK​.SAYS ‍HYPERION, WITH APPROXIMATELY 1,400 EMPLOYEES, HAS IN LAST TWELVE MONTHS REPORTED REVENUES OF 3.2 BILLION SEK, REPRESENTING 4% OF SANDVIK'S TOTAL REVENUES​.SAYS CLOSING OF TRANSACTION IS EXPECTED DURING FIRST HALF OF 2018.SAYS UPON CLOSING, TRANSACTION WILL GENERATE A CAPITAL GAIN.  Full Article

UPDATE 2-Sweden's Hexagon sees no slowdown yet in China

* Shares rise 5.5 pct (Adds CEO and analyst quotes, context, share reaction)