1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Epiroc AB (publ)
  6. News
  7. Summary
    EPI A   SE0015658109

EPIROC AB (PUBL)

(EPI A)
  Report
Real-time Estimate Cboe Europe  -  05/20 03:20:58 am EDT
185.98 SEK   +1.07%
05/17Epiroc to Move Drill Rig Production to China Following Japanese Plant's Sale
MT
05/17Epiroc to relocate operations from Japan to China
AQ
05/17Epiroc to Relocate Operations from Japan to China
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Epiroc acquires remaining share of Mobilaris MCE

11/02/2021 | 02:31am EDT

Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has acquired the remaining share of Mobilaris MCE AB, a Sweden-based company that provides advanced situational awareness solutions that optimize operations in mining and civil engineering.

Mobilaris Mining and Civil Engineering (MCE), based in Luleå, Sweden, is a leading supplier of solutions that use data from personnel and machines to present real-time positioning and detailed status information in a sophisticated 3D user interface. The solution creates significant benefits for mining and civil engineering including shortening evacuation times, optimizing traffic flow, improving work conditions and reducing emissions.

Epiroc previously owned 34% of Mobilaris MCE and now owns 100%. Mobilaris MCE, which was a subsidiary of Mobilaris AB, has about 50 employees and had revenues of about MSEK 60 in 2020.

"Epiroc and the innovative team at Mobilaris MCE are already working closely together to provide situational awareness that boosts customers' personnel safety and operational productivity," says Epiroc President and CEO Helena Hedblom. "We will now incorporate their solutions fully in our comprehensive offering of 6th Sense digital solutions."

The transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation. 


Mobilaris Onboard used in an underground operation

For more information please contact:
Ola Kinnander, Media Relations Manager
+46 70 347 2455
media@epiroc.com

Epiroc is a vital part of a sustainable society and a global productivity partner for mining and infrastructure customers. With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc is based in Stockholm, Sweden, had revenues of SEK 36 billion in 2020, and has about 15 000 passionate employees supporting and collaborating with customers in about 150 countries. Learn more at www.epirocgroup.com.

https://news.cision.com/epiroc/r/epiroc-acquires-remaining-share-of-mobilaris-mce,c3445080

https://mb.cision.com/Main/16899/3445080/1489901.pdf

https://news.cision.com/epiroc/i/epiroc-mobilaris-mce,c2974869

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about EPIROC AB (PUBL)
05/17Epiroc to Move Drill Rig Production to China Following Japanese Plant's Sale
MT
05/17Epiroc to relocate operations from Japan to China
AQ
05/17Epiroc to Relocate Operations from Japan to China
CI
04/29Sweden's Epiroc to Purchase Australian Electrical Infrastructure Group JTMEC
MT
04/29Epiroc to acquire Australian mining electrification infrastructure provider
AQ
04/25Sweden's Epiroc to Buy Back, Sell Shares Under New Mandates
MT
04/25Epiroc to utilize mandates to repurchase and sell shares
AQ
04/25Report from Epiroc's Annual General Meeting 2022
AQ
04/25Epiroc AB Approves Dividend for 2021, Payable on May 2, 2022 and October 27, 2022
CI
04/25Epiroc AB Appoints Anthea Bath as New Board Member
CI
More news
Analyst Recommendations on EPIROC AB (PUBL)
More recommendations
Financials
Sales 2022 47 357 M 4 776 M 4 776 M
Net income 2022 8 315 M 839 M 839 M
Net cash 2022 4 488 M 453 M 453 M
P/E ratio 2022 26,8x
Yield 2022 1,86%
Capitalization 212 B 21 402 M 21 402 M
EV / Sales 2022 4,39x
EV / Sales 2023 3,93x
Nbr of Employees 15 548
Free-Float 81,3%
Chart EPIROC AB (PUBL)
Duration : Period :
Epiroc AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EPIROC AB (PUBL)
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Last Close Price 184,00 SEK
Average target price 208,59 SEK
Spread / Average Target 13,4%
EPS Revisions
Managers and Directors
Helena Hedblom President, Chief Executive Officer & Director
Hňkan Victor Folin Chief Financial Officer, SVP-Finance & Controlling
Ronnie Leten Chairman
Ylva Lindquist Vice President-Compliance
Anders Gerhard Ullberg Independent Director
Sector and Competitors
1st jan.Capi. (M$)
EPIROC AB (PUBL)-19.72%21 402
PACCAR, INC.-8.03%28 308
DAIMLER TRUCK HOLDING AG-12.17%24 710
KOMATSU LTD.16.28%23 308
KUBOTA CORPORATION-9.52%21 374
CNH INDUSTRIAL N.V.-13.56%20 023