Sandvik Aktiebolag's Annual General Meeting 1999
SANDVIK AKTIEBOLAG'S ANNUAL GENERAL MEETING 1999 In his address to the shareholders at Sandvik AB's Annual General Meeting on 29 April 1999, Chief Executive Officer Clas Åke Hedström commented on the 1998 fiscal year, development in the first quarter of this year and Sandvik's strength factors for continued success. He addressed the major structural changes which occurred this year, involving the sale of Saws and Tools, and Sorting Systems. As a result of these structural measures, resources are focused on the Group's main areas - Tooling, Mining and Construction, and Specialty Steels - in