Sandvik’s Third-Quarter Order Intake Rises More Than Expected to SEK 36.9 Billion

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Sandvik’s Third-Quarter Order Intake Rises More Than Expected to SEK 36.9 Billion
Photo: Henrik Montgomery/TT

It was better than expected. Analysts had forecast an average operating profit of 7.7 billion, according to Bloomberg.

Order intake rose to 36.9 billion, also beating expectations. This compares with 30.8 billion a year earlier and an average forecast of 36.6 billion.

Turnover rose to 37.7 billion, up from 29.2 billion. Analysts had expected it to rise to 36.8 billion.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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