Thursday 8th December 2022 Font size:

Sandvik Annual General Meeting 2009

Wednesday, April 29th, 2009

Sandvik AB’s Annual General Meeting, held in Sandviken on 28 April, approved a dividend of SEK 3.15 per share for 2008. The record date for payment of the dividend was set at Monday, 4 May. The dividend is expected to be sent to shareholders by Euroclear Sweden AB on Thursday, 7 May.
In his address, Lars Pettersson, President and CEO, commented on fiscal 2008 and on the company’s performance in the first quarter of 2009. The presentation included a report on the dramatic market developments since the fourth quarter of 2008, with the subsequent sharp decline in order intake for the Group. The difficult and uncertain business situation remains and has resulted in robust actions to adapt production capacity, cut costs through such measures as personnel reductions, reduce new investments and improve cash flow. The presentation also included a report on future business possibilities based on the strengths of the company as well as new customer demands.
For further information visit:

< go back