Sandvik AB ADR

SDVKY: PINX (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$47.00	Kqjvvv	Dzpxlzxgc

Restructuring Program to Help Protect Sandvik's Profitability Against Short-Term Revenue Weakness

Matthew Donen

Jul 1, 2024

Business Strategy and Outlook

The short-cycle nature of demand for Sandvik’s metal-cutting tools and mining equipment exposes the group to cyclical swings in industrial manufacturing and commodity prices. A combination of divestments and continuous focus on ways to improve operational efficiency has successfully created a more resilient and profitable business. However, restructuring programs are frequently required to protect profitability once macroeconomic conditions change.

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