SANDVIK AB

Sandvik AB is one of the world's leading manufacturers of machines-tools and industrial tools. Net sales (not including sold divisions) break down by family of products as follows:

- machines and tools for earth moving and construction (46.3%; No. 1 worldwide): drilling semi-trailers, rock perforation tools, excavators, lifting machines, etc.;

- cutting tools and machine-tools (37.6%): intended for machining metals;

- special products (15.7%): tubes, hoops, wires, bars, refractory materials and facilities for transforming chemicals and food products made of stainless steel, special alloys, and heat-resistant materials;

- other (0.4%): carbon drills, milling machines, etc.

Net sales are distributed geographically as follows: Sweden (3.8%), Europe (31%), Asia (20.4%), North America (22%), Africa and Middle East (9.5%), Australia and New Zealand (8.8%) and South America (4.5%).