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    SAND   SE0000667891

SANDVIK AB

(SAND)
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Sandvik : Optimize Tooling and Cutting Data Instantly With Seco Suggest

10/06/2021 | 11:12am EST

Seco Tools customers reduce the time they need for process optimization with quick, expert tooling recommendations through the recently redesigned Suggest, a free online resource available 24/7.

As machining jobs become more complex, tolerances tighter, delivery times shorter and skilled operators harder to find, shops need reliable access to advice that helps them find the most efficient tooling solutions. After a user enters key information about their machines and application requirements into Suggest, they receive authoritative recommendations and cutting data in less than a minute.

Speed up setup time for increased productivity

Suggest provides real-time access to Seco product information and recommended cutting data for most Seco products, enabling shops to minimize cycle times. "Any reduction in machining time helps shops maintain competitive advantages, but traditional cutting tool selection can be difficult and time consuming, especially for less-experienced operators," said Gerrit Kremer, Global Product Manager, Digital Product Services.

Obtain relevant alternatives

Because more than one tooling solution can address each machining situation, Suggest also lists alternative products that may be a better fit for a user's unique prerequisites. For shops that need to optimize thread programming, Suggest accompanies application details with fully optimized CNC code.

Focus on customer convenience

Newly optimized for even easier use, Suggest helps shops get cutting data and tooling recommendations quickly and accurately. With this comprehensive solution to their questions about cutting strategies, customers can leverage the expertise of Seco Tools to achieve their best production results.

###

With its origins in Fagersta, Sweden and present in more than 75 countries, Seco Tools is a leading global solution provider of metal cutting solutions for indexable milling, solid milling, turning, holemaking, threading and tooling systems. With the hands-on application advice of Seco Tools, the company drives excellence for more than 80 years throughout the entire manufacturing process of manufacturers by ensuring high-precision machining and high-quality output. For more information on how Seco innovative products, expert services, knowledge and experience bring success to manufacturers across all industry segments, please visit www.secotools.com.

Seco Tools (UK) Ltd

Adams Way, Springfield Business Park

Alcester, B49 6PU

Collett Doré

Phone : +44 7790820289

Fax : -

dore.collett@secotools.com

Seco Tools AB

PALMEN Bettina

Phone : +49 211 24 01 313

Fax : +49 211 24 01 275

bettina.palmen@secotools.com

.

(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2021 96 924 M 10 576 M 10 576 M
Net income 2021 14 198 M 1 549 M 1 549 M
Net Debt 2021 16 394 M 1 789 M 1 789 M
P/E ratio 2021 20,2x
Yield 2021 2,36%
Capitalization 288 B 31 408 M 31 370 M
EV / Sales 2021 3,14x
EV / Sales 2022 2,65x
Nbr of Employees 42 090
Free-Float 97,3%
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 229,20 SEK
Average target price 258,18 SEK
Spread / Average Target 12,6%
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Managers and Directors
Stefan Widing President, Chief Executive Officer & Director
Cecilia Felton Chief Financial Officer & VP-Group Control
Johan Molin Chairman
Lars Erik Westerberg Independent Director
Jennifer Margaret Allerton Independent Director
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