Sandvik’s Orders Surge as Signs of Industrial Recovery Appear

Sandvik AB’s orders grew the fastest since 2022 as it benefited from improving sentiment among industrial customers and continued demand for mining equipment.

Sandvik’s orders grew 23% on an organic basis — the most in four years — and came in ahead of the average analyst expectation of 14% growth. All four of its units reported double-digit organic order growth, according to a Wednesday statement.