Sandvik AB
SAND: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HP? | LOCK|XFW | LOCK|Lv#?w^ |
Sandvik Earnings: Positive Momentum in Mining Offset by Industrial Weakness
Sandvik’s first quarter saw growth of 2% in organic order intake and 1% in revenue, with adjusted EBITA margin up 150 basis points year over year. The shares were trading 1% lower intraday on April 16.
