Sandvik reported robust results in Q1 18, including double-digit growth in revenue and a high single-digit growth in orders. These strong volumes led to delivery of record margins of 18%. Materials Technology was the strongest segment due to the improvement in tubulard demand, and China was the other bright spot. The only negative of this report was the poor cash-flow generation due to the negative WCR variation.
25 Apr 2018
Record margins posted in Q1 18
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Record margins posted in Q1 18
Sandvik AB (SVKB:FRA) | 0 0 0.9% | Mkt Cap: 185,022m
- Published:
25 Apr 2018 -
Author:
Lionel Pellicer -
Pages:
2
Sandvik reported robust results in Q1 18, including double-digit growth in revenue and a high single-digit growth in orders. These strong volumes led to delivery of record margins of 18%. Materials Technology was the strongest segment due to the improvement in tubulard demand, and China was the other bright spot. The only negative of this report was the poor cash-flow generation due to the negative WCR variation.