The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Andreas Juhani Koski - Nordea Markets, Research Division - Analyst
: So firstly, when you are saying that you will explore the possibility to separately list SMT, what kind of things do you need to explore to find out if
SMT can be separately listed or not?
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MAY 06, 2019 / 1:00PM, SAND.ST - Sandvik AB Initiates An Internal Separation Of Sandvik Materials Technology
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Question: Andreas Juhani Koski - Nordea Markets, Research Division - Analyst
: But it sounds like you -- the Board wants to list it separately if its performance is good enough and the AGM approves it.
Question: Andreas Juhani Koski - Nordea Markets, Research Division - Analyst
: And if there would be an industrial competitor or a private equity company approaching you now wanting to buy SMT during this period, do you
think we should rule that out or could that be an option as well?
Question: Andreas Juhani Koski - Nordea Markets, Research Division - Analyst
: And then maybe 2 questions for G÷ran as well. Because a fairly large part of SMT's business comes from the oil and gas industry and how should
we view this? Do you think this is a risk in the midterm as we are heading towards more and more renewables?
Question: Andreas Juhani Koski - Nordea Markets, Research Division - Analyst
: Could you remind us how large part of SMT is oil and gas?
Question: Andreas Juhani Koski - Nordea Markets, Research Division - Analyst
: Okay. And then lastly, you mentioned when you answered Gael's question that many of your competitors -- many of your listed competitors are
smaller than you are, so could you help us what kind of competitors are you looking at that are listed?
Question: Andrew J. Wilson - JP Morgan Chase & Co, Research Division - Analyst
: Just a quick one actually for me. On the Strip sort of SMT as we see it today and kind of within the Sandvik Group, are there going to be any changes
that you'll make kind of between now and potential separation? Or kind of is the SMT asset as we -- as you reported today and as we see it today,
is that going to be the business that separate out? Just want to check if there is changes at this stage.
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affiliated companies.
MAY 06, 2019 / 1:00PM, SAND.ST - Sandvik AB Initiates An Internal Separation Of Sandvik Materials Technology
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