Skip to main content

Sandvik’s global rating revised

Published by
World Cement,


On 16 February 2017, Standard & Poor’s Global Ratings revised its outlook on Sandvik AB to positive from negative and affirmed its BBB credit rating on Sandvik.

The main reasons behind this revision are the recognised improvements in 2016, including strong cash flow, profitability above previous expectations and strengthened balance sheet.

The positive outlook indicates that the ratings could be raised if Sandvik’s credit metrics improve sustainably, with funds from operations.

Read the article online at: https://www.worldcement.com/europe-cis/17022017/sandviks-global-rating-revised/

You might also like

Optimisation 2019

Optimisation 2019

Optimisation 2019 is an online conference for professionals in the cement sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):