We Would Like to See One More Quarter Before Getting Too Excited About Sandvik's 1Q Order Book
While Sandvik’s first-quarter 2017 double-digit order book growth looks impressive, the assistance of one-off drivers in achieving that growth makes us reluctant to change our full-year forecasts just yet. The order book, which can give visibility on the next quarter, was up 16% on price and volume year over year. Roughly 40% of the order book comes from the machining tools segment, whose 10% order book growth was closer to 4% or 5% when adjusting for extra working days. In mining and rock, whic...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.