Firma in der Region
SandvikSE0000667891SANDSAND
EU companies that could benefit from sustainable development🌱
The market for companies focused on combating climate change is estimated to total $2.3 trillion💰, according to Bank of America.
Accordingly, it has been reported that in the fight against climate change, capital goods companies play a decisive factor and can profit from this development🏭.
What factors favor this statement🧐?
💨According to the EU, greenhouse gas emissions are to be reduced by 55% by 2030
🏨 3% of public buildings to be modernized annually to support the shift to more efficient buildings
⚡️Allgemeine Commitment that charging capacity for e-cars is available every 60 road kilometers
💧Commitment to create hydrogen production capacity in the next 15 - 20 years.
European companies that could benefit from this💥!
🔺Rexxel, Siemens, ABB-> benefit from steadily increasing demand for lighting systems & remote monitoring.
🔺Signify -> manufactures internet-enabled lighting systems ,( benefiting from the continuing efficiency of the systems).
🔺Vestas-> wind turbine manufacturer, steady growth of the industry.
🔺Siemens energy-> specialized in renewable energy, increasing demand of wind energy & hydrogen.
🔺Atlas Copco-> battery manufacturer, benefiting from increasing demand for e-cars
🔺Sandvik-> manufacturer of e-mining vehicles, the trend could also expand in this area
What do you think, are the EU targets realistic & could the mentioned companies benefit from this?🚀
Are any of these companies already in your portfolio?🧐
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Source: Finance 100, Finanzen.net
Financials
Market Cap
$26.94B5Y beta
1.16EPS (TTM)
$1.008Free Float
1.22BP/E ratio (TTM)
21.30Revenue (TTM)
$12.18BEBITDA (TTM)
$2.87BFree Cashflow (TTM)
$1.16BPricing
Analyst Ratings
The price target is $24.39 and the stock is covered by 24 analysts.
Buy
11
Hold
10
Sell
3
Information
Sandvik AB (Sandvik) is an engineering company in mining and rock excavation, metal-cutting and materials technology. The Company is engaged in the developing, manufacturing and marketing processed products and services. Its segments include Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology and Other Operations. It operates in the areas of Mining, which includes delivering drill rigs; Engineering, which includes tools and tooling systems; Energy, which offers solutions for energy production; Automotive, which includes cemented-carbide tools and tooling systems; Construction, which provides solutions for the construction industry, and Aerospace, which works with aerospace companies. Its various product categories include metal-cutting tools and tooling systems; mining equipment and tools; construction equipment and tools; stainless steels, special alloys and titanium; furnace products and heating systems, and industrial processing systems.