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    EPI A   SE0015658109

EPIROC AB (PUBL)

(EPI A)
  Report
Delayed Nasdaq Stockholm  -  11:29 2022-10-03 am EDT
160.00 SEK   -0.09%
02:31aInvitation to Epiroc's results presentation for Q3 2022 on October 26
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09/28Epiroc To Set Up Regional Parts, Services Divisions
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09/28Epiroc establishes regional Parts & Services divisions and appoints division presidents
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Epiroc wins large mining equipment order in Sweden including battery and automation solutions

06/20/2022 | 02:31am EDT

Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large order from Boliden for mining equipment, including battery-electric and automation solutions, for use at some of the company's underground mines in Sweden

Boliden, one of Europe's largest mining companies, has ordered battery-electric versions of the Boomer face drilling rig, Boltec rock bolting rig, and Epiroc's largest automated Scooptram loader ST18 with Batteries as a Service. The ordered equipment also includes, among other machines, the Easer raise boring rig and Epiroc's newest production and face drilling rigs Simba and Boomer in the E-series.

The order is valued at more than MSEK 100 and was booked in the second quarter 2022.

"Boliden is focused on making its operations as safe, sustainable, and productive as possible and to produce metals with a low carbon footprint, and we are proud to support them on this journey," says Epiroc's President and CEO Helena Hedblom.  

The machines will be used at the Rävliden Kristineberg and Renström mine sites in northern Sweden. Boliden is mining zinc, copper, lead, gold, silver and tellurium at the mines.

The Simba production drilling rig and the battery-electric loader Scooptram ST18 will be equipped with the 6th Sense solutions Simba Automation and Scooptram Automation. This will enable operators to control the machines remotely from the comfort of a control room. All units will be equipped with Epiroc's telematics system, which allows for intelligent monitoring of machine performance and productivity in real-time.


Epiroc's largest loader Scooptram ST18 with automation and battery is part of the order by Boliden

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 40 billion in 2021, and has more than 15 500 passionate employees supporting and collaborating with customers in more than 150 countries. Learn more at www.epirocgroup.com.

https://news.cision.com/epiroc/r/epiroc-wins-large-mining-equipment-order-in-sweden-including-battery-and-automation-solutions,c3587533

https://mb.cision.com/Main/16899/3587533/1594311.pdf

https://news.cision.com/epiroc/i/epiroc-scooptram-automation-,c3062233

(c) 2022 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
EPIROC AB (PUBL) -0.09% 160 Delayed Quote.-30.13%
All news about EPIROC AB (PUBL)
02:31aInvitation to Epiroc's results presentation for Q3 2022 on October 26
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Financials
Sales 2022 48 240 M 4 385 M 4 385 M
Net income 2022 8 318 M 756 M 756 M
Net cash 2022 4 374 M 398 M 398 M
P/E ratio 2022 23,4x
Yield 2022 2,14%
Capitalization 185 B 16 850 M 16 850 M
EV / Sales 2022 3,75x
EV / Sales 2023 3,40x
Nbr of Employees 15 912
Free-Float 80,8%
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Mean consensus HOLD
Number of Analysts 21
Last Close Price 160,00 SEK
Average target price 180,00 SEK
Spread / Average Target 12,5%
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Managers and Directors
Helena Hedblom President, Chief Executive Officer & Director
Håkan Victor Folin Chief Financial Officer, SVP-Finance & Controlling
Ronnie Leten Chairman
Jonas Albertson Chief Technology Officer
Ylva Lindquist Vice President-Compliance
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