Edition:
United Kingdom

Sandvik CEO says China auto market remains weak


Wednesday, 17 Jul 2019 

July 17 (Reuters) - Sandvik AB CEO Bjorn Rosengren in media conference call ::SANDVIK CEO SAYS MACHINING SOLUTIONS DEMAND DROP SO FAR IN JULY ROUGHLY IN LINE WITH Q2 AVERAGE.SANDVIK CEO SAYS THERE IS UNITY ON THE BOARD WHEN IT COMES TO DECISIONS TAKEN AROUND FUTURE OF SMT UNIT.SANDVIK CEO SAYS CHINA AUTO MARKET REMAINS WEAK.SANDVIK CEO SAYS WE FEEL CONFIDENT THAT WE WILL BE ABLE TO GENERATE STRONG MARGINS EVEN IN AN ENVIRONMENT WITH WEAKER DEMAND. 

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