Sandvik AB To Acquire Mining Part of Schenck Process Group M&A Call Transcript

May 09, 2022 / 01:00PM GMT
Operator

Good afternoon, everyone, and thanks for calling in to Sandvik's conference call related to the news this morning, the acquisition of the mining business of Schenck Process Group expected to close in Q4 2022.

My name is Louise Tjeder, Head of Investor Relations. And with me, I have our CEO, Stefan Widing; CFO, Cecilia Felton; and President of Sandvik Rock Processing Solutions, Anders Svensson.

We will, as usual, start with a short presentation and take you through company facts, financials and strategic rationale. And after that, we will open up for your questions, where you have the possibility to ask your questions, of course, to Stefan, Cecilia and Anders.

And with this, I hand over the word to you, Stefan.

Stefan Widing - Sandvik AB(publ)-President - CEO, Director and President of Sandvik Manufacturing & Machining Solutions

Thanks, Louise. I can take the next slide, please. So I think this is actually quite straightforward. We are just doing what we said we were going to do. We focus

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