Sandvik Secures Major Materials Handling Order
October 24 2013 - 2:14AM
Business Wire
Regulatory News:
In October, Sandvik Mining (STO:SAND) was awarded a major
materials handling contract in South America. The value of the
contract exceeds 650 million SEK and will be recorded as order
intake in the fourth quarter.
The contract will be executed and also contribute to Sandvik
Mining's business for the years 2013 until 2015.
The order includes engineering, manufacturing, freight and site
services of conveying systems comprising relocatable and
modularized type conveyors, for a surface mine.
"The importance, size and complexity of the conveyor systems and
the performance data demonstrate Sandvik Mining's capability to
provide high-tech solutions in the area of continuous mining", says
Gary Hughes, President of the Sandvik Mining business area.
Stockholm, 24 October 2013
Sandvik AB
Sandvik AB discloses the information provided herein pursuant to
the Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication at 07:45 CET on
24 October, 2013.
Sandvik Group
Sandvik is a global industrial group with advanced products and
world-leading positions in selected areas – tools for metal
cutting, equipment and tools for the mining and construction
industries, stainless materials, special alloys, metallic and
ceramic resistance materials as well as process systems. In 2012
the Group had about 49,000 employees and representation in 130
countries, with annual sales of about 99,000 million SEK.
Sandvik Mining
Sandvik Mining is a business area within the Sandvik Group and a
leading global supplier of equipment and tools, service and
technical solutions for the mining industry. The offering covers
rock drilling, rock cutting, rock crushing, loading and hauling and
materials handling. In 2012 sales amounted to about 37,800 million
SEK, with approximately 14,000 employees.
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Magnus LarssonVice President Investor RelationsSandvik ABtel +46
8 456 12 40orPär AltanVice President External CommunicationsSandvik
ABtel +46 8 456 12 37
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