Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Epiroc AB    EPI A   SE0011166933


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Epiroc Capital Markets Day Fika: Innovation and strong aftermarket

11/23/2020 | 04:01am EST

Stockholm, Sweden: Epiroc AB, a leading productivity partner for the mining and infrastructure industries, is today hosting its Capital Markets Day Fika for institutional investors, analysts and financial media.

The purpose of the 2.5-hour event is to give an update on Epiroc's strategy for profitable growth. Topics such as innovation, aftermarket, operational excellence and sustainability will be covered.

 "We are looking forward to further demonstrate for the investment community our strategies for and approach to delivering value for customers and shareholders," says Helena Hedblom, Epiroc's President and CEO. "This includes continuing to invest heavily in innovation for customer safety and productivity, reinforcing the aftermarket business and working to become even more efficient."

Epiroc reconfirms its financial goals and reiterates the comment in the Q3 2020 report that demand, both for equipment and aftermarket, is expected to remain stable in the near term. Epiroc is also noting that there are uncertainties regarding the Covid-19 development and related restrictions, which can have an adverse effect on the demand.

Some highlights of the day are:

· The growing interest in and demand for automation, digitalization and electrification solutions.
· Epiroc is the first equipment supplier to provide a mixed-fleet automation solution for underground mining, for Newcrest Mining Limited at its Cadia Valley gold and copper operation in Australia.
· Epiroc earlier today announced (https://www.epiroc.com/en-us/newsroom/2020/epiroc-and-orica-unveil-prototype-system-for-first-stages-of-underground-automation) key progress in its collaboration with world-leading commercial explosives provider Orica. The companies today launched a prototype of Avatel™, the first-of-its-kind, semi-automated explosives delivery system that will enable safer and more productive blasting operations in underground mines. 
· Epiroc is providing the world's largest mixed-fleet automation solution for Roy Hill at its iron ore surface operation in Australia.
· Value-added services and service products, for example midlife services, and the work on tailoring service products to different segments. 

The Capital Markets Day Fika includes presentations by Helena Hedblom, President and CEO; Anders Lindén, Chief Financial Officer; Sami Niiranen, President Underground division; José Manuel Sánchez, President Surface division; and Jess Kindler, President Parts & Services division. The webcast starts at 15.00 CET and will be sent live for registered participants. Register at www.epirocgroup.com/en/cmd2020. The webcast will also be available on our homepage after the event.

For more information please contact:
Karin Larsson, VP Investor Relations
+46 10 755 0106
Ola Kinnander, Media Relations Manager
+46 70 347 2455

Epiroc is a leading global productivity partner for the mining and infrastructure industries. With ground-breaking technology, Epiroc develops and produces innovative, safe and sustainable drill rigs, rock excavation and construction equipment and tools. The company also provides world-class service and solutions for automation and interoperability.  Epiroc is based in Stockholm, Sweden, had revenues of SEK 41 billion in 2019, and has about 14 000 passionate employees supporting and collaborating with customers in more than 150 countries. Learn more at www.epirocgroup.com.




(c) 2020 Cision. All rights reserved., source Press Releases - English

All news about EPIROC AB
01/21EPIROC AB : annual earnings release
01/18RAILCARE : ABB contributes to the world's first emission-free rail maintenance v..
2020Dundee Precious Metals Details US$40 Million Cash Sale of MineRP
2020EPIROC : to acquire software company for increased mine productivity
2020EPIROC : Q4 report and invitation to conference call on January 26
2020EPIROC : Report from Epiroc AB's Extraordinary General Meeting
2020EPIROC CAPITAL MARKETS DAY FIKA : Innovation and strong aftermarket
2020EPIROC : New "World of Epiroc" online feature highlights ground-breaking custome..
2020GLOBAL MARKETS LIVE : Intel, Mattel, Nordea…
2020EPIROC : Capital Markets Digital Fika 2020 - registrations open
More news
Sales 2020 35 817 M 4 321 M 4 321 M
Net income 2020 5 219 M 630 M 630 M
Net cash 2020 4 461 M 538 M 538 M
P/E ratio 2020 37,6x
Yield 2020 1,63%
Capitalization 192 B 23 168 M 23 172 M
EV / Sales 2020 5,24x
EV / Sales 2021 4,81x
Nbr of Employees 13 902
Free-Float 81,1%
Duration : Period :
Epiroc AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EPIROC AB
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 149,32 SEK
Last Close Price 163,30 SEK
Spread / Highest target 10,8%
Spread / Average Target -8,56%
Spread / Lowest Target -38,8%
EPS Revisions
Managers and Directors
Helena Hedblom President, Chief Executive Officer & Director
Ronnie Leten Chairman
Anders Lindén Chief Financial Officer, SVP-Controlling & Finance
Anders Gerhard Ullberg Independent Director
Johan Patrik Lennart Forssell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EPIROC AB9.12%23 168
PACCAR, INC.14.57%34 246
KOMATSU LTD.6.00%27 207
KNORR-BREMSE AG4.14%22 821
CNH INDUSTRIAL N.V.6.39%18 459