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SDVKY Sandvik AB (PK)

20.19
0.09 (0.45%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Sandvik AB (PK) USOTC:SDVKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.09 0.45% 20.19 20.10 20.25 20.24 20.11 20.126 88,676 21:00:24

Sandvik Awarded SEK600 Million Mining Order In South Africa

06/07/2015 3:45pm

Dow Jones News


Sandvik AB (PK) (USOTC:SDVKY)
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From Jul 2019 to Jul 2024

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By Christina Zander

STOCKHOLM--Sandvik AB (SAND.SK) on Monday said it's mining business has been awarded a major materials handling contract to South Africa.

The Swedish company, which makes tools for customers in the mining, construction and energy sectors, said the value of the contract exceeds 600 million Swedish kronor ($70.9 million) and was booked in the second quarter of 2015. It will be executed and contribute to Sandvik Mining's business for the period of the years 2015 until 2017.

At 1403 GMT, Sandvik shares were down 0.8% at SEK91.45

Write to Christina Zander at christina.zander@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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