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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Sandvik AB    SAND   SE0000667891

SANDVIK AB

(SAND)
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Sandvik : Nomination Committee for the 2021 Annual General Meeting - Sandvik Group

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09/24/2020 | 08:04am EDT

In 2020 Sandvik AB's Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General Meeting resolves otherwise. Pursuant to this instruction the company shall have a Nomination Committee comprised of members appointed by each of the four principal shareholders in terms of votes on the last banking day of August, as well as the Chairman of the Board (convenor).

The Nomination Committee has now been appointed and consists of the following members:

- Fredrik Lundberg, AB Industrivärden, Chairman of the Nomination Committee

- Ann Grevelius, Alecta

- Marianne Nilsson, Swedbank Robur Funds

- Lars Pettersson, Lundbergföretagen

- Johan Molin, Sandvik's Chairman of the Board

The Nomination Committee shall prepare proposals for the 2021 Annual General Meeting regarding the Chairman of the Meeting, number of Board members, fees to be paid to each of the Board members, election of Board members and Board Chairman, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction to the Nomination Committee.

Shareholders who wish to present proposals to the Nomination Committee for the 2021 Annual General Meeting can submit them to the Nomination Committee's Secretary Åsa Thunman by e-mail: asa.thunman@sandvik.com. In order for the Nomination Committee to be able to consider submitted proposals in a constructive manner, these should be submitted by 1 February 2021, at the latest.

Stockholm

Sandvik AB

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE


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Sales 2020 86 785 M 9 745 M 9 745 M
Net income 2020 9 236 M 1 037 M 1 037 M
Net cash 2020 5 050 M 567 M 567 M
P/E ratio 2020 22,6x
Yield 2020 2,48%
Capitalization 201 B 22 499 M 22 559 M
EV / Sales 2020 2,26x
EV / Sales 2021 2,07x
Nbr of Employees 34 969
Free-Float 97,6%
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 193,43 SEK
Last Close Price 160,15 SEK
Spread / Highest target 46,7%
Spread / Average Target 20,8%
Spread / Lowest Target -9,46%
EPS Revisions
Managers
NameTitle
Stefan Widing President, Chief Executive Officer & Director
Johan Molin Chairman
Tomas Eliasson Chief Financial Officer & Executive Vice President
Percy N. Barnevik Honorary Chairman
Tomas Ivar Kärnström Director
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