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Sandvik AB - SDVKY STOCK NEWS

Welcome to our dedicated news page for Sandvik AB (Ticker: SDVKY), a resource for investors and traders seeking the latest updates and insights on Sandvik AB.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sandvik AB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sandvik AB's position in the market.

Rhea-AI Summary
Sandvik AB (SAND) is hosting a Capital Markets Day in Tampere, Finland, focusing on the company's shift to a growth strategy, its strong positions to capture growth opportunities, and its role as an enabler in customers' shift to innovation, digitalization, automation, and sustainable solutions. The event will showcase solutions for closed-loop manufacturing and the launch of a new battery-electric concept surface drill rig. Sandvik has made progress in the shift to growth strategy, invested in innovation, and acquired strategic assets. The company has revised its additive manufacturing strategy and financial targets for 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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none
-
Rhea-AI Summary
Sandvik has completed the acquisition of esco GmbH, a German-based supplier of software for power skiving. Esco will be reported in Sandvik Coromant, generating revenues of - in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
Tags
-
Rhea-AI Summary
Sandvik has signed an agreement to acquire Buffalo Tungsten, Inc. (BTI), a leading US based manufacturer of tungsten metal powder and tungsten carbide powder, primarily operating in North America. The acquisition will strengthen Sandvik's presence in the North American market and improve its competitive position by enhancing regional capacity to produce tungsten powder locally. The transaction is expected to close in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
Rhea-AI Summary
Sandvik has signed an agreement to acquire esco GmbH, a German-based supplier of software for power skiving, a technology within gear machining. The acquisition aligns with Sandvik's strategic focus to grow in the area of gear machining for electric vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
-
Rhea-AI Summary
Sandvik releases interim report for the third quarter of 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
-
Rhea-AI Summary
Sandvik will publish its Q3 results on October 23, 2023. Webcast and conference call to be held at 1:00 PM CEST. Dial-in details provided. Presentation slides available at 12:30 PM CEST.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
Tags
Rhea-AI Summary
Sandvik to hold Capital Markets Day on November 28, 2023, providing updates on strategy and achievements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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none
-
Rhea-AI Summary
Sandvik presents a new visual identity, highlighting its commitment to digitalization and automation. The company aims to lead in improving productivity, efficiency, and sustainability. Sandvik has undergone strategic acquisitions and listed Sandvik Materials Technology, strengthening its position. The new brand identity represents the company's transformation and focus on collaboration and co-creation. The logo and symbol reflect progress and circularity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
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none
-
Rhea-AI Summary
Sandvik AB appoints Nomination Committee for 2024 Annual General Meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
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none
Rhea-AI Summary
Sandvik will hold its Capital Markets Day on November 28, 2023, providing an update on strategy and key achievements. The event will showcase leading-edge technology and innovations. Limited seats available for institutional investors and key stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
none
Sandvik AB

OTC:SDVKY

SDVKY Rankings

SDVKY Stock Data

27.93B
1.07B
0%
Iron and Steel Forging
Manufacturing
Link
Sweden
Stockholm