Le Lézard
Classified in: Mining industry, Ebola virus
Subjects: SLS, ACC

Sandvik: Interim Report Second Quarter 2018


SANDVIKEN, Sweden, July 17, 2018 /PRNewswire/ --

Second quarter 2018

Continuing operations  

Discontinued operations

Group Total

Review of the business portfolio - Sandvik Drilling and Completions

Sandvik is evaluating the strategic options for Sandvik Drilling and Completions (Varel). The business being reviewed relates to the oil and gas industry, representing about 70% of the total revenues of approximately 2 billion SEK generated in 2017 by Sandvik Drilling and Completions. The remaining approximately 30% which manufactures and services application specific roller cone bits primarily to the mining industry, is not included in the review and continues to be core operations of Sandvik Mining and Rock Technology.

Additional information may be obtained from Sandvik Investor Relations, phone +46-8-456-14-94 (Ann-Sofie Nordh), +46-8-456-11-94 (Anna Vilogorac) or e-mailing [email protected]

A presentation and teleconference will be held on 17 July 2018 at 13:30 CET. Information is available at home.sandvik/investors 

Contact:
Sandvik Aktiebolag (publ)
Björn Rosengren
President and CEO

This information is information that Sandvik AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at about 12:00 CET on 17 July 2018. 

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/sandvik/r/interim-report-second-quarter-2018,c2576928

The following files are available for download:

http://mb.cision.com/Main/208/2576928/879696.pdf

Interim Report Second Quarter 2018

 

SOURCE Sandvik


These press releases may also interest you

at 22:52
Industrial leader Dag J. Opedal elected to be the new Chair of HydrogenPro ASA
The Annual General Meeting and the Extraordinary General Meeting agreed in the nomination committee's proposal. Mr. Dag J. Opedal was therefore elected to become the new Chair of the Board of HydrogenPro ASA. The new board consists primarily of...

at 22:32
SUPCON Unveils Groundbreaking Products in June, Including the World's First UCS
In June, SUPCON (688777) is poised to launch two groundbreaking products in Singapore: the world's first UCS (Universal Control System) and TPT (Time-Series Pre-trained Transformer), the first time-series model in the process industry. UCS, a...

at 20:05
Mirasol Resources Closes First Tranche of Private Placement
Mirasol Resources Ltd. (the "Company" or "Mirasol") is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement. The Company issued 3,887,552 Units (the "Units") at a price of $0.60 per Unit...

at 19:13
LG Energy Solution to Take Firm Stance Against Patent Infringers
A surge in patent infringement by latecomers in the battery industry, and subsequent market distortion caused by unlicensed use of patented technology, calls for strong countermeasures to level the playing fieldLG Energy Solution believes that at...

at 18:40
Perseus Mining March Quarterly Report
MARCH 2024 QUARTER REPORT Perseus Mining Delivers Another Impressive Quarter PERTH, Western Australia/ April 24, 2024/Perseus Mining Limited ("Perseus" or the "Company") reports on its activities for the three months' period ended March 31, 2024...

at 18:33
CHAMPION IRON REPORTS ITS FY2024 FOURTH QUARTER PRODUCTION
(SYDNEY, April 24, 2024) - Champion Iron Limited ("Champion" or the "Company") reports production...

More news about Mining industry...


News published on and distributed by: