Sandvik AB 2011 AR2
The report highlights Sandvik's record-breaking year in 2011, achieving the highest order intake and invoiced sales in the company's history, with invoiced sales reaching 94,084 MSEK. During the year, the company introduced a new strategic direction and organization, transitioning from three business areas to five to intensify focus on core operations. Sandvik also announced a recommended public offer to acquire all remaining shares in its subsidiary Seco Tools AB to strengthen its position in metal cutting. Despite strong operational performance, earnings were impacted by 3.3 billion SEK in restructuring costs, resulting in a profit after financial items of 8,179 MSEK.
Company: Sandvik AB
Sector: Industrials
Country: Sweden
Year: 2011
Type: AR2
Pages: 119
Sandvik AB
The report highlights Sandvik's record-breaking year in 2011, achieving the highest order intake and invoiced sales in the company's history, with invoiced sales reaching 94,084 MSEK. During the year, the company introduced a new strategic direction and organization, transitioning from three business areas to five to intensify focus on core operations. Sandvik also announced a recommended public offer to acquire all remaining shares in its subsidiary Seco Tools AB to strengthen its position in metal cutting. Despite strong operational performance, earnings were impacted by 3.3 billion SEK in restructuring costs, resulting in a profit after financial items of 8,179 MSEK.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Published
Apr 1, 2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees