SDVKY News and Press, Sandvik AB ADR From 12/20/19

SANDVIKEN, Sweden , Dec. 20, 2019 /PRNewswire/ -- Seco Tools , a division of Sandvik Machining Solutions, has reached an agreement to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions. "I...

STOCKHOLM , Dec. 20, 2019 /PRNewswire/ -- Sandvik will publish its fourth quarter results on Tuesday, 21 January 2020 at approximately 08.00 CET. A combined webcast and conference call for investors, analysts and financial media will be held at 10.00 CET. The report will be present...

SANDVIKEN, Sweden , Dec. 20, 2019 /PRNewswire/ -- In November 2020 , Sandvik will arrange its Capital Markets Day in co-ordination with SKF and Volvo, including visits to Sandvik and SKF sites in Austria and onwards to Volvo in Gothenburg, Sweden . On 3 November 2020 , Sandvik will...

SANDVIKEN, Sweden , Oct. 31, 2019 /PRNewswire/ -- As previously announced, Stefan Widing is appointed new President and CEO of Sandvik. He will assume the position as of 1 February 2020 , succeeding Björn Rosengren who at the same time leaves Sandvik. Stefan Widing is since 20...

FAIR LAWN, N.J. , Oct. 30, 2019 /PRNewswire/ -- Sean Holt , head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC , a geography heavy with aerospace and automotive manufacturing and a strong culture of innovation. The new Sandv...

SANDVIKEN, Sweden , Oct. 28, 2019 /PRNewswire/ -- Sandvik has signed an agreement to divest the majority of Drilling and Completions (Varel), meaning the operations relating to the oil and gas industry to the private equity firm Blue Water Energy and its co-investor, the privately owned N...

SANDVIKEN, Sweden , Oct. 25, 2019 /PRNewswire/ -- Sandvik's Board of Directors has appointed Stefan Widing as new President and CEO for Sandvik with effect no later than April 2020 . Stefan Widing succeeds Björn Rosengren, who as previously announced leaves Sandvik as of 1 Febr...

Maybe the worst is over for multi-industrials. Multiple end markets are still weakening, but investors seem to increasingly have this factored into their outlooks, as Sandvik ’s ( OTCPK:SDVKY ) low-quality beat in the third quarter seems to have gone over fairly well with investors. ...

SANDVIKEN, Sweden , Oct. 18, 2019 /PRNewswire/ -- Third quarter 2019 Continuing operations   Order intake 24,992 million SEK Revenues 25,163 million SEK Operating profit 2,996 million SEK Operating margin 11.9% Adjusted operating profit 4,617 millio...

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...