The order intake in 4Q 2016 was very impressive: SEK9.1 billion in new orders. It looks like Sandvik, contrary to Caterpillar, sees recovery in the mining sector, especially in the gold / silver one.
Wednesday, February 8, 2017
Sandvik Sends Nice Message For Gold Bugs
Sandvik, one of the world's largest engineering companies, signals recovery in its "Mining and rock technology" division. Look at the chart below:
The order intake in 4Q 2016 was very impressive: SEK9.1 billion in new orders. It looks like Sandvik, contrary to Caterpillar, sees recovery in the mining sector, especially in the gold / silver one.
The order intake in 4Q 2016 was very impressive: SEK9.1 billion in new orders. It looks like Sandvik, contrary to Caterpillar, sees recovery in the mining sector, especially in the gold / silver one.
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