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Sandvik reports 5% fall in mining orders in Q3

Sandvik reported headwinds in the mining sector in its latest quarterly results, with total order intake experiencing a 5% decline from SEK 15.4 billion (US1.46 billion) to SEK 14.7 billion.

Craig Guthrie
Sandvik reports 5% fall in mining orders in Q3

This contrasted with the first three quarters of the year, which saw positive growth of 5%, rising from SEK 46.7 billion to SEK 48.9 billion. Revenues saw an 11% increase from SEK 15 billion to SEK...

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