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Sandvik (SDVKY) is acquiring 67% of China-based solid round tools company Chuzhou Yongpu Carbide Tools Co. Ltd.Sandvik also has a call option to buy the remaining part in three years.The company said Chuzhou Yongpu Carbide is mainly focused on global and local OEMs and connected sup...
Sandvik to acquire premium solid round tools company Chuzhou Yongpu Carbide Tools Co., Ltd PR Newswire SANDVIKEN, Sweden , July 28, 2021 /PRNewswire/ -- Sandvik has signed an agreement to acquire 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based pre...
Komatsu has been losing share in China and is increasingly seeing Chinese competitors taking away share in construction and mining markets across Southeast Asia, undermining some important profit centers. A leader in surface and soft rock mining equipment (coal especially), Komatsu is...
This article presents a methodology which investors can utilise to analyse and dissect an industry and identify the winners. Breaking down the industrials sector I arrive at two companies that are performing well ahead of the average company with a strong outlook and clear track recor...
Sandvik had a mixed second quarter; revenue, operating income, and orders rebounded sharply from 2020 levels, but were more mixed relative to sell-side expectations. The SMS business seems to be decelerating, but auto, aerospace, and energy customers haven't recovered to pre-pandemic ...
Sandvik delivers a mixed quarter, featuring strong order flow but some bottom-line weakness. However, the longer-term outlook remains intact and could even surprise to the upside should management deliver on more M&A following the Cambrio acquisition. Shares currently trade at...
MSC slightly exceeded Street sales expectations in the third quarter, as manufacturing markets recover, but margin leverage wasn't particularly exciting. The Street appears to be moving on from short-cycle industrial stories, making it even more important that management executes on i...
Sandvik AB (publ) (SDVKF) Q2 2021 Earnings Conference Call July 16, 2021 7:00 A.M. ET Company Participants Louise Tjeder - Head of Investor Relations Stefan Widing - Chief Executive Officer Tomas Eliasson - Chief Financial Officer Conference Call Participants Klas Bergelind - Citi Lars Brorso...
The following slide deck was published by Sandvik AB (publ) in conjunction with their 2021 Q2 earnings call. For further details see: Sandvik AB (publ) 2021 Q2 - Results - Earnings Call Presentation
Sandvik AB (publ) (SDVKF): Q2 Non-GAAP EPS of SEK2.69; GAAP EPS of SEK2.80.Revenue of SEK23.46B (+16.0% Y/Y)Press Release For further details see: Sandvik AB (publ) reports Q2 results
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Sandvik completes the acquisition of Almü PR Newswire STOCKHOLM , May 3, 2024 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of Almü Präzisions-Werkzeug GmbH (Almü), a Germany -based cutting tools and solutions provider...
Sandvik's Annual General Meeting 2024 PR Newswire STOCKHOLM , April 29, 2024 /PRNewswire/ -- Sandvik AB's Annual General Meeting was held on April 29, 2024 in Sandviken, Sweden . Sandvik's President and CEO Stefan Widing covered the operations and...
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