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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 Gets SEK650 Million South American Contract

24/10/2013 7:31am

Dow Jones News


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

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Swedish engineering company Sandvik AB (SAND.SK) said Thursday its Mining unit has been awarded a materials handling contract in South America worth over SEK650 million from an undisclosed customer.

 
   MAIN FACTS: 

-The deal will be recorded in 4Q.

-The contract will be executed and also contribute to Sandvik Mining's business for the years 2013 until 2015.

-The order includes engineering, manufacturing, freight and site services of conveying systems comprising relocatable and modularized type conveyors, for a surface mine.

-Shares closed Wednesday at SEK89.

Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com

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


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