Sandvik AB
SAND: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|pD | LOCK|D! | LOCK|mFmV!rm |
Sandvik Earnings: Restructuring Costs Rise in Machining Segment, but Mining Demand Hits Record High
Sandvik reported a 10% increase in organic order intake during its second quarter, boosted by record intake from its mining segment. The shares were trading 3% higher intraday on July 16.
