Financial services company S&P Global Ratings has reportedly 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 says 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.

This story uses material from Sandvikwith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.