Sandvik AB (MEX:SAND)

MXN 336.48 0 (0%) Market Cap: 474.29 Bil Enterprise Value: 550.60 Bil PE Ratio: 21.34 PB Ratio: 2.90 GF Score: 85/100

Sandvik AB Initiates An Internal Separation Of Sandvik Materials Technology Call Transcript

May 06, 2019 / 01:00PM GMT

Transcript

BjÃ;rn Klas Otto Rosengren

Sandvik AB - President, CEO & Director

¶ -

So good afternoon, everybody, and welcome to this press conference. My name is BjÃ¶rn Rosengren. I'm the President and CEO of Sandvik. And with me here today, I have GÃ¶ran BjÃ¶rkman 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 GÃ¶ran 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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