In 2020, the company had revenues of approximately USD 60 million with an EBIT margin of 25-30 percent, and of which the share of recurring revenue was approximately 60 percent.
CNC Software will be reported in the Design & Planning Automation division within Sandvik Manufacturing and Machining Solutions.
Stockholm, September 30, 2021
Sandvik AB
For further information, contact Louise Tjeder, Vice President Investor Relations, phone: +46 70 782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 70 721 1008.
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Sandvik completes the acquisition of leading CAM software company CNC Software Inc., creators of Mastercam |
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