SDVKY News and Press, Sandvik AB ADR From 04/29/19

SANDVIKEN, Sweden , April 29, 2019 /PRNewswire/ -- Sandvik AB held its Annual General Meeting on 29 April 2019 in Sandviken, Sweden . Sandvik's President and CEO Björn Rosengren covered the operations and results for 2018 in his speech. Another year of record profits for the g...

With the blizzard of earnings reports from April 25, and those that came before, it seems clearer to me that shorter-cycle industrial companies are facing a much more challenging growth environment. In addition to the surprisingly weak revenue number from 3M ( MMM ) (down 1.1%), Sandvik &#x...

Quick Take Sandvik ( SDVKY ) announced it has acquired Newtrax for an undisclosed amount. Newtrax operates as a wireless IoT connectivity technology supplier for hard rock mines. SDVKY acquired Newtrax to add to its mining analytics and process optimization software systems as the firm...

SANDVIKEN, Sweden , April 25, 2019 /PRNewswire/ -- Lars Bergström, currently Senior Strategy Advisor and Vice President Sandvik Machining Solutions, has been appointed Acting President of Sandvik Machining Solutions as of 1 July 2019 . Lars Bergström will have full responsibili...

Although I thought Sandvik ( OTCPK:SDVKY ) ( SAND.ST ) looked beaten down in late January on mounting worries of a global economic slowdown, particularly in manufacturing end-markets, I didn’t expect the 25% rally in the shares since then – a rally that has seen Sandvikȁ...

SANDVIKEN, Sweden , April 18, 2019 /PRNewswire/ -- First quarter 2019 Continuing operations   Order intake 27,873 million SEK Revenues 25,025 million SEK Operating profit 4,567 million SEK Operating margin 18.3% Profit after financial items 4,189 million S...

Sandvik ( OTCPK:SDVKY +0.5% ) acquires privately-owned Newtrax, a supplier of technology in wireless connectivity to monitor and provide insights on underground operations for undisclosed terms. More news on: Sandvik AB, Merger & acquisition news, Read more ...

STOCKHOLM , April 17, 2019 /PRNewswire/ -- Sandvik acquires privately-owned Newtrax, a supplier of leading technology in wireless connectivity to monitor and provide insights on underground operations, including people, machines and the environment. "By including Newtrax into the Sandvi...

SANDVIKEN, Sweden , April 11, 2019 /PRNewswire/ -- Klas Forsström, President of the business area Sandvik Machining Solutions, has decided to leave Sandvik to take on the position as President and CEO of Munters Group AB. Munters is a global leader in sustainable climate solutions fo...

SANDVIKEN, Sweden , April 10, 2019 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of OSK, a Chinese supplier of solid carbide round tools. OSK will be part of the Seco division in Sandvik Machining Solutions.   In 2017 OSK had revenues of about 120...