In today’s briefing:
- Monthly Container Shipping Tracker | Price, Volume Declines Moderate | Fuel=Tailwind (May 2023)
- Sandvik: Enhancing Customers’ Productivity
Monthly Container Shipping Tracker | Price, Volume Declines Moderate | Fuel=Tailwind (May 2023)
- Declines in carrier revenues and pricing continued to moderate in April
- Inbound to N. America container volume declines also eased in April
- Lower fuel prices a tailwind in ’23, shares cheap, we retain our +ive sector view
Sandvik: Enhancing Customers’ Productivity
- Despite a challenging operating environment, Sandvik delivered a strong set of results in FY 2022.
- New financial targets were presented, with the ambition to grow 7% on average over a business cycle, whilst delivering adjusted EBITA margins between 20–22% on a group level.
- Sandvik enables important shifts in the industry as it offers customers cutting-edge technology. Therefore, customers have equipment and tools that warrant higher productivity, lower costs, and a higher sustainability impact.
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