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Source: https://www.mining.com/web/sandvik-upbeat-on-outlook-after-meeting-profit-expectations/
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Sandvik met forecasts with a 12% rise in adjusted first-quarter operating profit on Tuesday, with the cutting tools manufacturer offering an upbeat assessment on the mining sector’s outlook.
The Swedish company reported record quarterly orders in its mining equipment business, which accounts for almost 40% of sales.
Original Text (This is the original text for your reference.)
Sandvik met forecasts with a 12% rise in adjusted first-quarter operating profit on Tuesday, with the cutting tools manufacturer offering an upbeat assessment on the mining sector’s outlook.
The Swedish company reported record quarterly orders in its mining equipment business, which accounts for almost 40% of sales.
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