Sandvik receives SEK 1 billion order for tunneling equipment in the EMEA region
Sandvik Mining and Rock Solutions has secured a contract in the EMEA region valued at approximately SEK 1 billion for the delivery of tunnelling equipment, roadheaders, and underground drill rigs. This order, booked in Q4 2021, will see equipment deliveries scheduled from Q4 2022 to Q1 2024.
- Secured contract valued at SEK 1 billion enhances revenue forecast.
- Equipment deliveries scheduled over a two-year period ensuring steady cash flow.
- None.
SANDVIKEN, Sweden, Dec. 29, 2021 /PRNewswire/ -- Sandvik Mining and Rock Solutions has been awarded a contract in the EMEA region valued at around SEK 1 billion for the supply of tunnelling equipment, roadheaders and underground drill rigs. The order has been booked in the fourth quarter 2021 and delivery of the equipment is scheduled from the fourth quarter 2022 until the first quarter 2024.
Stockholm, December 29, 2021
Sandvik AB
For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.
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SOURCE Sandvik
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