SDVKY News and Press, Sandvik AB ADR From 10/01/19

SANDVIKEN, Sweden , Oct. 1, 2019 /PRNewswire/ -- Sandvik will publish its third quarter results on Friday, 18 October 2019 at approximately 11.30 CEST. A combined webcast and conference call for investors, analysts and financial media will be held at 13.00 CEST. The report will...

Investment Thesis Shares of Swedish engineering and industrial company Sandvik (SDVKY) have modestly appreciated in the recent three years, and an analysis of the company's fundamentals and valuation suggests that the shares are heavily undervalued, albeit currently face a slight slowdown ...

SANDVIKEN, Sweden , Sept. 13, 2019 /PRNewswire/ -- Sandvik Materials Technology has received a large order for advanced tubes for the oil and gas industry; OCTG tubes. The order was booked in the third quarter 2019 and is valued at about 400 million SEK with deliveries scheduled as from...

SANDVIKEN, Sweden , Sept. 12, 2019 /PRNewswire/ -- In 2012 Sandvik AB's Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General Meeting resolves otherwise. Pursuant to this instruction the company shall have a Nomin...

Perhaps proving that even a blind squirrel can trip over a nut once in a while, ABB ’s ( ABB ) board of directors made one of the best decisions I’ve seen it make in a long time, announcing on Aug 11 that it had hired Björn Rosengren to become its next CEO. Mr. Rosengren jo...

STOCKHOLM , Aug. 12, 2019 /PRNewswire/ -- Björn Rosengren, President and CEO of Sandvik, has informed the Chairman of the Sandvik Board that he intends to resign and leave the company as of 1 February 2020 . The Sandvik Board of Directors will hold a meeting tomorrow morning to in...

This is a tricky time in the cycle for heavy machinery manufacturers, and mining equipment manufacturer Epiroc ( OTCPK:EPOKY ) is no exception. Aftermarket demand remains healthy and service orders continue to rise, but original equipment demand is clearly fading from the year-ago recovery l...

I suppose it’s still early in the second quarter reporting cycle, but I’m pretty much sold on the idea that the industrial economy is most definitely slowing, though in the interests of transparency, that’s been my expectation for a while, so there’s a risk of seein...

SANDVIKEN, Sweden , July 17, 2019 /PRNewswire/ -- Second quarter 2019 Continuing operations   Order intake 26,031 million SEK Revenues 26,467 million SEK Operating profit 5,078 million SEK Operating margin 19.2% Adjusted operating profit 4,968 million SEK ...

Sandvik ( OTCPK:SDVKY ) has acquired a 30% stake in privately owned Italian company Beam IT and has the right to further increase its stake over time. More news on: Sandvik AB, Sandvik AB, Merger & acquisition news, Read more ...