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Evidence continues to mount that conditions in China, and to a lesser extent other regions around the world, are not good. Nidec ( OTCPK:NJDCY ) (6594.T) has seen a withering decline in auto business in the last couple of quarters, with weakness spreading beyond autos into consumer appliance...
These are challenging times to evaluate almost any industrial company, but Sandvik ( OTCPK:SDVKY ) ( SAND.ST ) cranks that to “11” right now. In the plus column, Sandvik has done some very strong work with self-help over the past few years (streamlining supply chains, reducing ...
Dormer Pramet, a division within Sandvik Machining Solutions ( OTCPK:SDVKY ), has acquired the US based company Wetmore Tool & Engineering, a manufacturer of round tools specialized for the aerospace industry. More news on: Sandvik AB ADR, Sandvik AB, Read more ...
SANDVIKEN, Sweden , Jan. 9, 2019 /PRNewswire/ -- Dormer Pramet, a division within Sandvik Machining Solutions, has acquired the US based company Wetmore Tool & Engineering, a manufacturer of round tools specialized for the aerospace industry. The acquisition not only expands Do...
STOCKHOLM , Dec. 20, 2018 /PRNewswire/ -- Sandvik will publish its fourth quarter results on Monday, 21 January 2019 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 prese...
SANDVIKEN, Sweden , Nov. 26, 2018 /PRNewswire/ -- Seco Tools , a division within Sandvik Machining Solutions, has reached an agreement to acquire the Chinese company Kunshan Ousike Precision Tools Co., Ltd (OSK), a leading supplier of solid carbide round tools. The acquisition will partic...
SANDVIKEN, Sweden , Nov. 20, 2018 /PRNewswire/ -- Sandvik has received a strategic order to implement a major digital transformation at Hindustan Zinc's Sindesar Khurd (SK) mine in India based on its software platform Sandvik OptiMine®. It will be one of the most comprehensive digi...
SANDVIKEN, Sweden , Nov. 13, 2018 /PRNewswire/ -- Sandvik Machining Solutions is reviewing additional efficiency measures and as such envisages the possible closure of the manufacturing facility in Fondettes, France , whilst relocating the produced volumes to other facilities within Sa...
STOCKHOLM , Oct. 23, 2018 /PRNewswire/ -- Continuing operations Order intake 24,192 million SEK Revenues 24,283 million SEK Operating profit 5,205 million SEK Operating margin 21.4% Adjusted operating profit 4,587 million SEK Adjusted operating margin...
SANDVIKEN, Sweden , Oct. 16, 2018 /PRNewswire/ -- On May 21 – 22, 2019, Sandvik will arrange its Capital Markets Day in Tampere, Finland , at the production facility and test mine of Sandvik Mining and Rock Technology. The Capital Markets Day provides an opportunity for instit...
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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...