The orders were placed in June 2026, with shipments scheduled to continue until June 2028.

FLSmidth (CPSE:FLS) has appointed Petri Virrankoski as President of its Service Business Line. Virrankoski brings experience in turnaround, growth, profitability and operational improvement from Sandvik's Surface Drilling Division. The leadership change reflects a focus on strengthening FLSmidth's service segment and market positioning. This leadership move underlines how service and automation themes are becoming more prominent across industrial stocks. It may therefore be useful to...

The order was booked in the second quarter of 2026.

Sandvik will establish a dedicated on-site service organisation to support fleet operations.

Sandvik AB (SDVKF) reports robust financial performance with significant revenue growth and strategic market expansions in Q2 2026.

Valmont Industries (VMI) has drawn fresh attention after Zacks assigned the stock a Rank #2 rating, alongside peer Sandvik, highlighting improved earnings estimates and a year to date return that has outpaced the broader Industrial Products sector. See our latest analysis for Valmont Industries. At a latest share price of $543.47, Valmont Industries shows building momentum, with a 90 day share price return of 31.95% and a 1 year total shareholder return of 66.52%, set against a 5 year total...

Here is how Sandvik AB (SDVKY) and Valmont Industries (VMI) have performed compared to their sector so far this year.