Sandvik AB (OTCPK:SDVKF)

$ 18.558 -0.892 (-4.59%) Market Cap: 24.56 Bil Enterprise Value: 28.97 Bil PE Ratio: 19.74 PB Ratio: 2.79 GF Score: 86/100

Sandvik AB To Acquire Software Company CGTech Call Transcript

Oct 20, 2020 / 02:00PM GMT

Release Date Price: $19.89

Transcript

Emelie Alm

Sandvik AB - IR Officer

Hello, everyone, and welcome. And thank you all for joining us today on this call about Sandvik's recently announced acquisition of the software company, CGTech. So during this hour, we will go through a presentation followed by a Q&A session.

My name is Emelie Alm, and I'm joined here today by our President and CEO, Stefan Widing; our CFO, Tomas Eliasson; and Sandvik Machining Solutions President, Nadine Crauwels. With that, I would like to hand the call over to Stefan.

Stefan Widing

Sandvik AB - President, CEO & Director & President of Sandvik Manufacturing Solutions

Thank you, Emelie, and hello, everyone. Hello, everyone, again if you joined us on Friday as well. So I'll start, kick things off with a few slides regarding our overall strategy and then I'll let Nadine comment on the company itself. And Tomas will comment a little bit on the financials. But let's get started.

So next slide, please. We'd like to start by doing a recap from our Capital Markets Day in 2019 when, in a way, that

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