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In 2023, Sandvik demonstrated strong performance with a 5% increase in order intake and a 13% rise in revenues, reaching SEK 126,503 million. The company launched numerous product innovations and made seven acquisitions to enhance its market position, while maintaining an adjusted EBITA margin of 20%. Additionally, Sandvik updated its sustainability strategy, achieving validation for its greenhouse gas emission targets and a decline in workplace injury rates.

Author

suraj.g

Language

EN