Sandvik Receives Major Tubular Order for the Energy Industry

SANDVIKEN, Sweden, Dec. 23, 2019 /PRNewswire/ -- Sandvik Materials Technology has received a large order for advanced tubes for the energy segment. The order was booked in the fourth quarter 2019 and is valued at about 550 million SEK with deliveries scheduled as from the first half of 2020.

"I am very pleased that we again prove to be a strong supplier of high value-added tubular products for the energy segment," says Michael Andersson, Head of Tube Division, Sandvik Materials Technology.

Stockholm, 23 December 2019

Sandvik AB

For further information, contact:

Ann-Sofie Nordh

Vice President Investor Relations

Phone: +46-8-456-14-94

or

Martin Blomgren

Press and Media Relations Manager

Phone: +46-70-577-0549.

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SOURCE Sandvik