Sandvik sales up but profits down

05 February 2009

Sandvik CEO Lars Pettersson.

Sandvik Mining and Construction recorded a +17% rise (excluding currency effects) in fourth quarter sales to SEK 11 billion (€ 1 billion) compared to SEK 9 billion (€ 861 million) during the same period a year ago. Full year sales grew by +15% to SEK 39…

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