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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 Q2 2023

    •    Orders received increased 15% to MSEK 15 436 (13 377), supported by acquisitions. The organic decline was -1%.•    Revenues increased 34% to MSEK 15 910 (11 868), organic increase of 17%.•    Operating profit increased 43% to MSEK 3 413 (2 381), including items affecting comparability of MSEK -16 (-420).*•    Operating margin was 21.5% (20.1), and the adjusted operating margin was 21.6% (23.6).•    Basic earnings per share were SEK 2.19 (1.47).•    Operating cash flow was MSEK 1 549 (1 462).•    One acquisition completed in the quarter that strengthens the offering within low-

    Invitation to Epiroc’s results presentation for Q2 2023 on July 18

    Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, will publish its Q2 2023 results on Tuesday July 18 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 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 profitable growth

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, is today and tomorrow hosting a Capital Markets Day (CMD) for institutional investors, analysts and financial media. The event is being held in Örebro, Sweden, the home of Epiroc’s largest hub for manufacturing and research and development.The purpose of the event is to give an update on Epiroc’s strategy for profitable growth. The strategic areas attractive niches, innovation, aftermarket, operational excellence, sustainability and outperformance will be covered.

    Report from Epiroc’s Annual General Meeting 2023

    Stockholm, Sweden: Epiroc AB held its Annual General Meeting on May 23, 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 2022. The proposed dividend of SEK 3.40 per share, to be paid in two equal instalments of SEK 1.70, was approved. The record date for the first instalment is May 25, 2023, and for the second instalment October 24, 2023. The first instalment is expected to be distributed by Euroclear on May 30,

    Epiroc issues green bonds to further advance fossil-free solutions

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has made a second green bonds issuance to further support the financing of the continued development of sustainable products and solutions that will contribute to a more fossil-free world.Epiroc yesterday issued a green bond amounting to SEK 1.5 billion, its second green bond following the first transaction in September 2022. The issuance saw strong investor interest with an order book close to SEK 3 billion. The tenor is five years with one fixed and one floating

    Revised invitation to Epiroc’s results presentation for Q1 2023 on April 28

    Stockholm, Sweden: Epiroc AB will publish its Q1 2023 results on Friday April 28 at approximately 11.30 CEST. Please note the revised time for the results presentation for investors, analysts and media; it will be held at 13.00 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  or visit Epiroc’s webpage 

    Invitation to Epiroc’s results presentation for Q1 2023 on April 28

    Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, will publish its Q1 2023 results on Friday April 28 at approximately 11.30 CEST. A results presentation for investors, analysts and media will be held at 14.00 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 launches global parental leave policy to foster greater inclusion

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, is launching a new parental leave policy granting a minimum of 12 weeks of paid parental leave across the global organization. The gender-less policy aims at fostering an even more inclusive and diverse culture.The new policy, called “When life transforms,” applies to all new mothers and fathers, including same-sex, surrogate, and adoptive parents. The leave can be taken anytime within the first year of parenthood. “At Epiroc we want to accelerate the transformation

    Epiroc publishes Annual and Sustainability Report for 2022

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, today published its Annual and Sustainability Report for 2022. The report shows how Epiroc accelerates the transformation toward more sustainability and higher productivity for the mining and infrastructure industries, thereby creating value for all stakeholders.Highlights during 2022 included: · Customer activity remained on a high level, with strong demand for Epiroc’s products, services and solutions. Challenges included the war in Ukraine, which prompted Epiroc

    Epiroc interim report Q4 2022

    •    Orders received increased 18% to MSEK 13 705 (11 643), organic decrease of -4%. Excluding Russia, the organic growth was 3%. •    Revenues increased 25% to MSEK 13 936 (11 173), organic increase of 8%.•    Operating profit increased 25% to MSEK 3 235 (2 594), including items affecting comparability of MSEK -67 (40).*•    Operating margin was 23.2% (23.2), and the adjusted operating margin was 23.7% (22.9).•    Basic earnings per share were SEK 1.98 (1.70).•    Operating cash flow was MSEK 1 519 (2 415).•    Several acquisitions announced and/or completed that strengthen

    Epiroc appoints Paul Bergström President Digital Solutions division

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and Infrastructure industries, has appointed Paul Bergström President of the Digital Solutions division and member of Group Management, effective not later than June 1, 2023. Epiroc also announces a change in Group Management effective January 1, 2023.Paul Bergström is since 2017 Executive Vice President, Global Services at Elekta, a Sweden-based medical equipment company. Previously, he has held several management positions at Ericsson, a Sweden-based telecommunications company. He is a Swedish

    Epiroc Capital Markets Day on June 1-2, 2023: Dare to think new

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, will host a Capital Markets Day (CMD) for institutional investors, analysts, and financial media in Örebro, Sweden, on June 1-2, 2023.The purpose of the CMD is to give an update on Epiroc’s strategy. Topics such as innovation - including automation, digitalization and electrification - aftermarket, sustainability, and operational excellence will be covered. Participating from Epiroc will be Helena Hedblom, President and CEO; Håkan Folin, CFO; and other members of Epiroc

    Epiroc interim report Q3 2022

    •    Orders received, excluding Russia, increased to MSEK 13 324 (11 493), organic increase of 5%.*            o  Reported orders received was MSEK 12 322 (12 245), organic decrease of -10%.•    Revenues increased 28% to MSEK 12 802 (9 966), organic increase of 12%.•    Adjusted operating profit increased 31% to MSEK 3 064 (2 331), corresponding to an operating margin of 23.9% (23.4).            o  Items affecting comparability were MSEK -164 (21), including a provision of MSEK -150 related to Russia.*            o  Reported operating profit increased 23% to MSEK 2 900 (2 352),

    Epiroc establishes regional Parts & Services divisions and appoints division presidents

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and Infrastructure industries, further enhances its focus on parts and services and establishes regional Parts & Services divisions.A regional structure has been created during 2022 and as from January 1, 2023, the Parts & Services division will be split into three regional Parts & Services divisions and the current regional presidents are appointed division presidents and members of Epiroc Group Management. ·Nelson Trejo, President Parts & Services North and South America (NASA). He is a

    Epiroc issues green bonds amounting to SEK 2 billion

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has issued green bonds to finance sustainable investments, expenditures, and R&D.Epiroc yesterday issued SEK 2 billion in green bonds with considerable investor interest and an order book exceeding SEK 3 billion. The tenor is five years, and the bond has two tranches, one fixed and one floating. The fixed tranche of SEK 1.5 billion has a coupon of 4.155% and the floating tranche of SEK 0.5 billion was priced at 3M STIBOR plus 1.20%. The bond is issued under Epiroc’s

    Epiroc completes acquisition of manufacturer of rock drills

    Stockholm, Sweden: Epiroc, a leading productivity partner for the mining and Infrastructure industries, has completed the acquisition of RNP México, a manufacturer of rock drills and related spare parts.RNP México is based in San Luis Potosi state, Mexico, and has branches in Chile and Peru. The company develops, manufactures, and sells rock drills and related components, serving mining and construction customers mainly in Latin America. Epiroc announced on June 10, 2022, that it had agreed to acquire RNP México subject to the completion of certain closing conditions which have now been

    Jess Kindler, division President, to leave Epiroc

    Stockholm, Sweden: Jess Kindler, President of Epiroc’s Parts & Services division and member of Group Management, has decided to leave the Group for a position at a private company based in the United States.“Jess has made significant contributions to the development and successful growth of Epiroc, since 2016 as President of our parts and services division,” says Helena Hedblom, Epiroc’s President and CEO. “He will move home to the United States for a new opportunity, and I wish him all the best.” Jess Kindler joined the Group in 2005 and will continue to lead the Parts & Services

    Epiroc interim report Q2 2022

    •    Orders received increased 21% to MSEK 13 377 (11 070), organic increase of 6%. Excluding Russia, the organic order growth was 18%.•    Revenues increased 22% to MSEK 11 868 (9 733), organic increase of 9%.•    Operating profit increased 9% to MSEK 2 381 (2 182), corresponding to a margin of 20.1% (22.4). •    Items affecting comparability were MSEK -420 (-15), including a provision of MSEK -400 related to Russia.* •    Adjusted operating profit increased 27% to MSEK 2 801 (2 197), corresponding to a margin of 23.6% (22.6).•    Basic earnings per share were SEK 1.47 (1.40).•

    Epiroc to relocate operations from Japan to China

    Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, will relocate the production and development of drill rigs for surface construction from Japan to its facility in Nanjing, China. The production facility in Yokohama, Japan, has been sold and will be closed.  Epiroc’s customer center will be relocated in the Yokohama area to keep supporting customers in Japan with product and application know-how as well as to provide overhauls, rebuilds, and upgrades of their existing fleets.In Nanjing, the manufacturing will benefit

    Report from Epiroc’s Annual General Meeting 2022

    Stockholm, Sweden: Epiroc AB held its Annual General Meeting on April 25, chaired by Sven Unger.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 2021.  The proposed dividend of SEK 3.00 per share, to be paid in two equal instalments of SEK 1.50, was approved. The record date for the first instalment is April 27, 2022, and for the second instalment October 24, 2022. The first instalment is expected to be distributed by Euroclear on May 2,

    Epiroc interim report Q1 2022

    · Orders received increased 29% to MSEK 13 818 (10 690), organic increase of 18%. · Revenues increased 26% to MSEK 11 088 (8 773), organic increase of 14%. · Operating profit increased 41% to MSEK 2 631 (1 867), including items affecting comparability of MSEK 43 (-149).* · Operating margin improved to 23.7% (21.3) and the adjusted operating margin was 23.3% (23.0). · Basic earnings per share were SEK 1.66 (1.15). · Operating cash flow was MSEK 867 (1 610). · Exposure to Russia and Ukraine is approximately MSEK 1 800 in orders on hand and approximately MSEK 1 000 in working

    Invitation to Epiroc’s results presentation for Q1 2022 on April 25

    Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, will publish its Q1 2022 results on Monday April 25 at approximately 11.30 CEST. A results presentation for investors, analysts and media will be held at 14.00 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 join the presentation, either access the link here 

    Notice of Annual General Meeting in Epiroc AB

    Stockholm, Sweden: The Annual General Meeting of Epiroc AB will be held on Monday April 25, 2022, at 5.00 p.m. (CEST). It will be held at Filmstaden Sickla, Sickla köpkvarter, Marcusplatsen 19, Nacka, Sweden. Registration starts at 4.30 p.m.The Board of Directors has decided that shareholders shall be able to exercise their voting rights at the Annual General Meeting also by postal voting in accordance with the provision in the Articles of Association. A speech by President and CEO Helena Hedblom will after the meeting be available on Epiroc’s website www.epirocgroup.com/agm. Please

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