Sandvik AB Initiates An Internal Separation Of Sandvik Materials Technology Call Transcript
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So good afternoon, everybody, and welcome to this press conference. My name is Björn Rosengren. I'm the President and CEO of Sandvik. And with me here today, I have Göran Björkman that -- who is the Business Area President for SMT.
We are here today to talk about a decision made by the Sandvik Board and that is to start an initiated separation of SMT within Sandvik, but also to explore the possibility to make SMT a stand-alone unit and to be initiated and then listing on the NASDAQ Stock Exchange.
We are planning to do following: I will talk a little about the background and what has made us take this decision and then Göran will spend a little bit time of talking about SMT as a business and the opportunities and why we feel that SMT is a great business within its peers.
Starting with the Sandvik history. It has a long history and an exciting history -- background, and we can see that Sandvik had, during the years, developed and changed many times during the years. And I think we can
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