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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.

News
Rhea-AI Summary
Sandvik Aktiebolag (publ) has reported its second quarter 2023 results, marking the 9th consecutive quarter with double-digit growth. The company achieved an order intake of SEK 31,660 million, representing a 7% growth at fixed exchange rates. Revenues reached SEK 32,243 million, showing a 16% growth at fixed exchange rates. Sandvik's adjusted EBITA margin improved to 20.5%, while adjusted profit before tax increased to SEK 5,405 million. The company's earnings per share, diluted, also saw a positive growth of 23.8% to SEK 3.25. Sandvik will hold a webcast and conference call on July 19, 2023, at 1:00 PM CEST.
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Sandvik AB

OTC:SDVKY

SDVKY Rankings

SDVKY Stock Data

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