General presentation of Sandvik
The Swedish Sandvik Group is a specialist in industrial equipment. More precisely, it is one of the world's leading manufacturers and distributors of industrial tools and machine tools. However, its activities can be divided into different divisions according to the share of turnover they generate and as follows:
The production and sale of tools and cutting machines generates more than 40.3% of the company's global turnover with a customer base mainly made up of metal factories.
The production and sale of mining and construction machinery and equipment generates more than 38.1% of the group's turnover. This includes drilling trailers, rock drilling tools, excavators and lifting equipment. The Sandvik Group is currently the world leader in this type of product.
The production and sale of special products represent 15.9% of the company's turnover, including tubes, strips, wires, bars, refractory materials, chemical and food processing equipment in stainless steel, special alloys or heat-resistant materials.
Finally, the remaining 5.7% of the turnover comes from ancillary products such as carbide reamers and milling machines.
From a geographical point of view, the Sandvik Group's sales are well distributed internationally. Sandvik generates 19.5% of its sales in Europe, including 3.9% in Sweden, 19.9% in Asia and Australia, 17.4% in North America, 3.4% in Russia, 3.3% in South Africa, 2.9% in Latin America and the remaining 29.7% in the rest of the world.
Photo credits: ©deadburnett/123RF.COM