Sandvik AB

SAND: XSTO (SWE)
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Sandvik Earnings: High Commodity Prices and Secular Mining Growth Lift Equipment Demand; FVE Up 7%

Sandvik reported third-quarter earnings, which reinforced the secular growth themes across the mining sector. Organic order intake grew 16% year over year, driven by its mining segment, where high commodity prices and a shift toward underground mining continue to propel demand for equipment.

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