Q2 results are very decent, and margins remain high However, the order intake was a bit weak in the quarter, due to SMT and SMS The balance sheet remains very clean, which is not a surprise At the end of the day, the stock is likely to be capped before visibility improves on the macro front
17 Jul 2019
Decent Q2, but orders plateauing
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Decent Q2, but orders plateauing
Sandvik AB (SVKB:FRA) | 0 0 0.9% | Mkt Cap: 185,022m
- Published:
17 Jul 2019 -
Author:
Fabrice Farigoule -
Pages:
3
Q2 results are very decent, and margins remain high However, the order intake was a bit weak in the quarter, due to SMT and SMS The balance sheet remains very clean, which is not a surprise At the end of the day, the stock is likely to be capped before visibility improves on the macro front