Brief: Sintercast Gets Order For Large Industrial Power Components

SinterCast AB

17/03/2020 07:08

March 17 (Reuters) - SinterCast AB  SINT.ST :
    * SINTERCAST* YEAR-ON-YEAR SERIES PRODUCTION UP BY 5.4%
    * NEW ORDER RECEIVED FOR LARGE INDUSTRIAL POWER COMPONENTS
    * NEW ORDER PROVIDES OPPORTUNITY FOR INDUSTRIAL POWER SECTOR
TO
CONTINUE TO ACCOUNT FOR 5-10% OF TOTAL VOLUME, EVEN AS CORE
CYLINDER BLOCK AND HEAD MARKET CONTINUES TO GROW
    * SERIES PRODUCTION IS EXPECTED TO BEGIN DURING FIRST HALF
OF
2020, WITH POTENTIAL TO PROVIDE MORE THAN 100,000 ENGINE
EQUIVALENTS PER YEAR AT MATURE VOLUME

Source text for Eikon:  ID:nWkr37Ld4V 
Further company coverage:  SINT.ST 

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