Article: Sandvik AB - Interim Report.

 
  Business Editors 
 
STOCKHOLM, Sweden--(BUSINESS WIRE)--Aug. 9, 2000-- 
 
SANDVIK AB - Interim Report 
Six months ended 30 June 2000 
 
  * Profit after financial income and expenses rose to SEK 3,310M 
(1,811), including nonrecurring items amounting to a positive SEK 660M 
  * Increased profitability in all business areas 
  * Continued favorable business climate - order intake up 17% 
Market 
 
  Industrial production within the OECD had an annual growth rate of 
4%. The production pace in the US remained high. Growth in Europe 
increased to an annual rate of approximately 3% and leading indicators 
remain positive. The Japanese economy was strengthened, ...

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