Sandvik released a decent set of numbers for Q2/H1 23.
Margins in particular held up well, in a context of still-favourable prices.
The order intake suggests however a less positive demand context.
Paradoxically, we will fine-tune our numbers upwards since they appear to us to be a bit too conservative.
19 Jul 2023
Q223: margins fine, order intake less exciting
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Q223: margins fine, order intake less exciting
- Published:
19 Jul 2023 -
Author:
Fabrice Farigoule -
Pages:
3 -
Sandvik released a decent set of numbers for Q2/H1 23.
Margins in particular held up well, in a context of still-favourable prices.
The order intake suggests however a less positive demand context.
Paradoxically, we will fine-tune our numbers upwards since they appear to us to be a bit too conservative.