Today, at the Capital Markets Day in
Business area management will also share their achievements since the strategy was presented at Sandvik's previous Capital Markets Day, in November, 2020, and outline their respective strategic priorities for a continued successful execution.
"We are delivering on our shift to growth strategy, and have taken important steps in enhancing and strengthening our platform for future growth. We are now ready to increase our ambitions," says
New financial targets for
Financial targets
Reflecting an enhanced and more concentrated core business, including the planned distribution and listing of business area Sandvik Materials Technology, and consequently a new company structure, Sandvik introduces new long-term targets. The targets are based on all the three business areas in the
GROWTH | ADJ. EBITA RANGE | FINANCIAL NET DEBT/EBITDA | DIVIDEND |
7%
through a business cycle organic and M&A, in fixed currency | 20-22%
through a business cycle adj. for IAC | <1.5
Excluding transformational M&A | 50% of EPS
through business cycle adj. for IAC |
The presentations from the Capital Markets Day will be broadcasted live on home.sandvik, which will start at 13.00 CEST.
For more information, please visit our website https://www.home.sandvik/en/investors/capital-markets-day/
Recordings of the presentations and the corresponding slides will be available on Sandvik's website no later than
For further information, contact
This information is information that
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Sandvik is a global high-tech engineering group offering solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers' processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation, rock processing and advanced materials. In 2021 the Group had approximately 44,000 employees and revenues of about
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