Swedish mining tools and metal-cutting device manufacturer Sandvik reported somewhat larger-than-expected fourth-quarter core earnings on Tuesday and suggested a greater returns, after mining task and asset costs boosted need. Operating earnings prior to amortisation and products impacting comparability increased 1% from a year-earlier to 6.37-billion crowns ($712.5-million) versus a mean projection of 6.22-billion in an LSEG survey of experts, on natural sales development of 12%.
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