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Performance to succeed today. Technology to lead tomorrow. Epiroc - a leading productivity and sustainability partner for the mining and infrastructure industries.

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  • Ola Kinnander

    Media Relations Manager


    Visitor's address: Sickla Industriväg 19, 4th floor Nacka, Sweden Postal address: Box 4015 SE-131 04 Nacka Sweden
    +46 70 347 2455
    http://www.epirocgroup.com

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    This promising collaboration with Orica is an important first step on an exciting journey toward automating the whole drilling and explosives charging process.
    Helena Hedblom, Epiroc’s Senior Executive Vice President Mining and Infrastructure.
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    Epiroc interim report Q3 2024

    · Orders received increased 8% to MSEK 15 520 (14 360). The organic increase was 6%. · Large orders amounted to MSEK 1 400 (1 000). · Revenues increased 5% to MSEK 15 699 (14 997). The organic increase was 3%. · Operating profit amounted to MSEK 3 277 (3 260), including items affecting comparabilitynof MSEK 191 (-12)*. The operating margin was 20.9% (21.7). · The adjusted operating profit was MSEK 3 086 (3 272), corresponding to an adjusted operating margin of 19.7% (21.8). · Basic earnings per share were SEK 1.92 (1.85). · Operating cash flow was MSEK 1 789 (1 889). ·

    Epiroc wins large underground mining equipment order in Kazakhstan

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has won a large order for underground mining equipment, including battery-electric vehicles, from Eurasian Resources Group (ERG) in Kazakhstan. Several of the machines will be operated driverless (tele-remotely), and all of the equipment will be supplied with a collision avoidance system.ERG , the world's largest producer of ferrochrome by chrome content, has ordered a fleet of Epiroc loaders and mine trucks as well as drill rigs

    Epiroc wins large mining equipment order in Australia

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has won a large order for surface mining equipment from Newmont Corp. in Australia.Newmont , the world’s leading gold producer, has ordered a fleet of Epiroc Pit Viper 231 and SmartROC D65 drill rigs that will be used at the Boddington gold and copper mine in Western Australia. The rigs, which will be operated tele-remotely, will replace an older fleet of Epiroc equipment. The equipment order is valued at about MSEK 335 and was booked in the third

    Epiroc diversifies its financing with sustainability-linked NIB loan

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, and the Nordic Investment Bank (NIB) have signed a 10-year sustainability-linked loan agreement. The MUSD 150 (MSEK 1 555) loan, which diversifies Epiroc’s financing, is connected to Epiroc’s climate targets, which support the decarbonization of the mining and construction industries.Epiroc’s ambitious sustainability goals for 2030 include halving its emissions. The company’s climate targets, validated by the Science Based Targets initiative (SBTi) in 2021, are in line

    Epiroc AB’s Nomination Committee for the Annual General Meeting 2025

    Stockholm, Sweden: According to the Instruction for the Nomination Committee adopted by the Annual General Meeting of Epiroc AB, the Nomination Committee should consist of representatives for the four shareholders, directly registered or ownership grouped, controlling the largest number of votes in Epiroc AB that desire to appoint a member. In addition thereto, the Chairman of the Board of Directors shall be a member.The following persons will form the Nomination Committee for the Annual General Meeting 2025. Petra Hedengran - Investor AB (Chair)Joachim Spetz - Swedbank RoburMikael

    Invitation to Epiroc’s results presentation for Q3 2024 on October 25

    Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and construction industries, will publish its Q3 2024 results on Friday October 25 at approximately 08.00 CEST. A results presentation for investors, analysts and media will be held at 10.00 CEST.The report will be presented by President and CEO Helena Hedblom and CFO Håkan Folin. It will be held in English and begin with a short presentation of the report followed by a question-and-answer session. To follow the presentation webcast, either access the link here 

    Epiroc Capital Markets Day: strategy for resilient, recurring and profitable growth

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, is today hosting a Capital Markets Day (CMD) for institutional investors, analysts and financial media. The event is being held in Las Vegas, United States, in conjunction with the world’s largest mining industry exhibit, MINExpo International.The purpose of the event is to give an update on how Epiroc is positioning itself for profitable growth that is resilient and recurring in an ever-changing world.  The presentation will cover: · Epiroc’s solid foundation,

    Epiroc wins large equipment order for Australian lithium mine

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has won a large order for surface mining equipment from Pilbara Minerals that will be used at a lithium mine in Australia.Pilbara Minerals , the world’s largest, independent hard rock lithium producer, has ordered a fleet of 14 Epiroc SmartROC D65 surface drill rigs for use at its Pilgangoora Operation in Western Australia. Lithium, a common battery component, is a key mineral to enable society’s electrification transition.  The

    Epiroc to expand rock drilling tools manufacturing facility, opens innovation center in Hyderabad, India

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, today is holding a ground-breaking ceremony in Hyderabad, India, for an expansion of its manufacturing facility for rock drilling tools. Epiroc is also today inaugurating a new innovation and technology center in Hyderabad. The investment is part of Epiroc’s growing focus on India as a key hub for manufacturing and research and development to support customers throughout the region.Epiroc’s investment covers expansion of land, new buildings, and state-of-the-art machines.

    Epiroc completes acquisition of French manufacturer of excavator attachments

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has completed the acquisition of ACB+, a manufacturer of attachments and related couplers used by the construction industry.ACB+ is based in Saint Lager, France, and has several production facilities in the country. It manufactures attachments and quick couplers used on excavators for construction as well as related areas such as scrap recycling and deconstruction. Quick couplers are used with carriers, typically excavators, to enable safe and efficient change of

    Epiroc’s Water for All celebrates 40 years of changing lives

    Stockholm, Sweden: Water for All, Epiroc's main community engagement initiative, today is celebrating 40 years of providing people in need with clean water and sanitation. The initiative has provided millions of people with clean water and continues to change lives."The need for clean water and sanitation keeps growing, making Water for All more important than ever," says Helena Hedblom, Epiroc’s President and CEO. "We are very proud of Water for All's accomplishments and of all passionate colleagues who, supported by the company, are making this possible.” Epiroc runs the program

    Epiroc interim report Q2 2024

    · Orders received increased 6% to MSEK 16 349 (15 436). The organic increase was 1%. · Large orders amounted to MSEK 950 (550). · Revenues increased 4% to MSEK 16 511 (15 910), organic decrease of -1%. · Operating profit decreased -14% to MSEK 2 921 (3 413), including items affecting comparability of MSEK -325 (-16)*. The operating margin was 17.7% (21.5). · The adjusted operating profit was MSEK 3 246 (3 429), corresponding to an adjusted operating margin of 19.7% (21.6). · Basic earnings per share were SEK 1.69 (2.19). · Operating cash flow increased to MSEK 1 609 (1

    Epiroc completes acquisition of remaining share of autonomous solutions provider ASI Mining

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has completed the acquisition of the remaining share of ASI Mining, a U.S.-based autonomous mining solutions company. Epiroc already owned 34% of ASI Mining, which it acquired in 2018. The acquisition regards the remaining 66% of the company.ASI Mining is based in Mendon, Utah, United States. The company, which was a subsidiary of Autonomous Solutions, Inc., is a leading provider of mining automation systems, such as remote control, teleoperation, and fully autonomous

    Invitation to Epiroc’s results presentation for Q2 2024 on July 19

    Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and construction industries, will publish its Q2 2024 results on Friday July 19 at approximately 11.30 CEST. A results presentation for investors, analysts and media will be held at 13.00 CEST.The report will be presented via teleconference by President and CEO Helena Hedblom and CFO Håkan Folin. It will be held in English and begin with a short presentation of the report followed by a question-and-answer session. Participants will find the presentation material, and other related information,

    Epiroc completes acquisition of Canadian ground support business

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has completed the acquisition of the business of Yieldpoint Inc., a Canadian company that provides advanced ground support solutions that strengthen safety for mining and civil engineering applications.Yieldpoint is based in Kingston, Ontario, Canada, and has about 10 employees. The company designs, manufactures and sells advanced digital geotechnical instruments, and has customers worldwide. The products, which include ground movement sensors and telemetry solutions, are

    Epiroc wins large mining equipment order in India

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has been awarded a large order for mining equipment and aftermarket support from Hindustan Zinc Limited in India.Hindustan Zinc , part of Vedanta Group, is the world’s second-largest zinc producer and the world’s third largest silver producer. The company has ordered a fleet of mine trucks as well as rigs for rock reinforcement, face drilling and production drilling. The equipment will be used at its mines across the state of

    Epiroc appoints Jodie Velasquez President Parts & Services APAC division

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has appointed Jodie Velasquez President of the Parts & Services Asia Pacific (APAC) division and member of Group Management, effective immediately.Jodie Velasquez has a 16-year career with the company and her significant experience includes serving as General Manager for production companies in Canada and Australia, Business Controller and Plant Manager. She has been Vice President Controlling and Finance for Epiroc’s three regional Parts & Services divisions since

    Epiroc to acquire remaining share of autonomous solutions provider ASI Mining

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has agreed to acquire the remaining share of ASI Mining, a U.S.-based autonomous mining solutions company. Epiroc already owns 34% of ASI Mining, which it acquired in 2018. The acquisition regards the remaining 66% of the company.ASI Mining is based in Mendon, Utah, United States. The company, a subsidiary of Autonomous Solutions, Inc., is a leading provider of mining automation systems, such as remote control, teleoperation, and fully autonomous solutions. Its solutions

    Epiroc to acquire Canadian ground support business

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has agreed to acquire the business of Yieldpoint Inc., a Canadian company that provides advanced ground support solutions that strengthen safety for mining and civil engineering applications.Yieldpoint is based in Kingston, Ontario, Canada, and has about 10 employees. The company designs, manufactures and sells advanced digital geotechnical instruments, and has customers worldwide. The products, which include ground movement sensors and telemetry solutions, are primarily

    Epiroc to acquire French manufacturer of excavator attachments

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has agreed to acquire ACB+, a manufacturer of attachments and related couplers used by the construction industry.ACB+ is based in Saint Lager, France, and has several production facilities in the country. It manufactures attachments and quick couplers used on excavators for construction as well as related areas such as scrap recycling and deconstruction. Quick couplers are used with carriers, typically excavators, to enable safe and efficient change of attachments, such

    Epiroc to utilize mandates to repurchase and sell shares

    Stockholm, Sweden: The Board of Epiroc AB has decided to use the mandates granted by the Annual General Meeting today for the repurchase and sale of shares at one or more occasions until the next Annual General Meeting.The mandates cover: 1) The acquisition of not more than 1,950,000 series A shares, whereof a maximum of 1,900,000 may be transferred to option holders under the performance-based personnel option plan 2024.2) The acquisition of not more than 20,000 series A shares, later to be sold on the market in connection with payment to Board members who have opted to receive

    Report from Epiroc’s Annual General Meeting 2024

    Stockholm, Sweden: Epiroc AB held its Annual General Meeting on May 14, chaired by Charlotte Levin.The income statements and the balance sheets of the parent company and the Group were approved. The Directors of the Board and the President and CEO were discharged from liability for the financial year 2023.  The proposed dividend of SEK 3.80 per share, to be paid in two equal instalments of SEK 1.90, was approved. The record date for the first instalment is May 16, 2024, and for the second instalment October 22, 2024. The first instalment is expected to be distributed by Euroclear on May

    Epiroc awards recognize outstanding customer collaboration and innovation

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, is recognizing with three annual awards exceptional collaboration with a customer on battery-electric vehicles, a revolutionary automatic bit changer, and an internal program fostering innovation.“All the award winners represent the outstanding innovative mindset that is a key to Epiroc’s and our customers’ success,” says Helena Hedblom, Epiroc’s President and CEO. “Throughout the organization, we keep focusing on providing our customers with the best solutions to boost

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