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Sandvik to acquire leading CAM software company CNC Software Inc., creators of Mastercam PR Newswire SANDVIKEN, Sweden , Aug. 25, 2021 /PRNewswire/ -- Sandvik has signed an agreement to acquire US-based CNC Software Inc., a leading provider of CAD/CAM softwa...
New revenue target 2025 for Sandvik Manufacturing Solutions PR Newswire STOCKHOLM , Aug. 25, 2021 /PRNewswire/ -- Sandvik is updating the revenue target for the business area segment Sandvik Manufacturing Solutions for 2025 to SEK 6 billion from SEK 4 billi...
Sandvik completes the acquisition of Chuzhou Yongpu Carbide Tools Co., Ltd PR Newswire SANDVIKEN, Sweden , Aug. 20, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based ...
Sandvik acquires DSI Underground Joint Ventures, Rocbolt Technologies PR Newswire SANDVIKEN, Sweden , Aug. 3, 2021 /PRNewswire/ -- Sandvik's acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for ...
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...
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Interim report second quarter 2024: Sandvik PR Newswire STOCKHOLM , July 19, 2024 /PRNewswire/ -- Order intake SEK 32,354 million (31,660) Order intake, at fixed exchange rates, increased by 3% Revenues SEK 31,419 million (32,243) Reven...
Sandvik wins major order from Evolution Mining PR Newswire STOCKHOLM , July 5, 2024 /PRNewswire/ -- Sandvik has received a major underground mining equipment order from Australian-based Evolution Mining. The order was booked in the second quarter and valued at ap...