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Sandvik initiates separation of Sandvik Materials Technology
May 6, 2019

Sandvik has initiated a process of separating Sandvik Materials Technology internally. A potential outcome will be a listing of the business unit. Sandvik has chosen to separate it to create flexibility and a greater focus on development for the unit. The process will take minimum a year. The unit reported a turnover of SEK 15.1bn and EBIT of SEK 1.4bn in 2018.

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