Sandvik´s outlook upgraded
On April 18, 2018, S&P Global Ratings revised its outlook on Sandvik AB to positive from stable. At the same time the credit rating BBB+ on Sandvik´s debt was affirmed.
The positive outlook indicates that S&P Global Ratings can raise the credit rating if Sandvik sustains a strong credit ratio over the coming years.
S&P Global argues that Sandvik´s credit protection measures will continue to improve over 2018 on the back of strong operating performance and disposal proceeds used for continued debt reduction.
Sandvik AB Outlook Revised To Positive On Strong Credit Ratios (PDF document, 312 kB)