Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  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 Quote. Real-time Estimate Cboe Europe - 12/06 10:13:03 am
221.9 SEK   +2.49%
12/01Epiroc to Seek Acquisition Opportunities
CI
12/01EPIROC CAPITAL MARKETS DAY : A vital part of a sustainable society
AQ
11/18Epiroc's ambitious climate targets validated as science based
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Epiroc : wins large mining equipment order in Turkey

10/14/2021 | 02:31am EST

Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large order for mining equipment from Eti Bakir in Turkey. The machines will be used to expand three underground copper mines while making the operations as productive and safe as possible.

Eti Bakir, Turkey's largest mining company, has ordered a variety of drill rigs, mine trucks and loaders. The equipment will be used at the Kastamonu Küre, Artvin Murgul and Siirt Madenköy mines. The equipment order is valued at approximately MSEK 140 and was booked in the third quarter 2021. In addition to the equipment, the customer has also ordered service, spare parts and consumables. 

"Epiroc has a long-standing, strong partnership with Eti Bakir, and we are happy to play a key role as the company expands its operations while focusing on safety and productivity," says Helena Hedblom, Epiroc's President and CEO.

"We are proud that 42 tonnes underground trucks with ejector box in copper mines will be used for the first time in Turkey," says Gokhan Zengin, Eti Bakır Machine Manager. "Our cooperation with Epiroc has a long history, we also have a component agreement since six years and we started using Epiroc MD20 rock drills for underground operation development as of last year."

The machines ordered include Boomer face drilling rigs, Simba production drilling rigs, Boltec rock reinforcement rigs, Scooptram loaders and Minetruck haulers. Most of the units will be equipped with Epiroc's telematics system Certiq, which allows for intelligent monitoring of machine performance and productivity in real-time, and some of the machines will have Epiroc's Rig Control System, RCS, installed, which makes them ready for automation and remote control. 


Epiroc's Simba production drill rig is part of the order by Eti Bakir

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 14 000 passionate employees supporting and collaborating with customers in about 150 countries. Learn more at www.epirocgroup.com.

https://news.cision.com/epiroc/r/epiroc-wins-large-mining-equipment-order-in-turkey,c3432512

https://mb.cision.com/Main/16899/3432512/1480571.pdf

https://news.cision.com/epiroc/i/epiroc-simba-production-drill-rig,c2967343

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

All news about EPIROC AB (PUBL)
12/01Epiroc to Seek Acquisition Opportunities
CI
12/01EPIROC CAPITAL MARKETS DAY : A vital part of a sustainable society
AQ
11/18Epiroc's ambitious climate targets validated as science based
AQ
11/18Epiroc Receives Validation by the Science Based Targets Initiative for its Ambitious Ta..
CI
11/03Epiroc completes acquisition of specialist in mining vehicle battery conversions
AQ
11/02Epiroc acquires remaining share of Mobilaris MCE
AQ
11/02Epiroc AB acquired remaining 66% stake in Mobilaris MCE AB from Mobilaris AB.
CI
10/29Epiroc speeds up mining electrification with global roll-out of diesel-to-battery conve..
AQ
10/29Epiroc Speeds Up Mining Electrification with Global Roll-Out of Diesel-To-Battery Conve..
CI
10/27LKAB is charging up for battery-powered machinery under ground
AQ
More news
Analyst Recommendations on EPIROC AB (PUBL)
More recommendations
Financials
Sales 2021 39 586 M 4 351 M 4 351 M
Net income 2021 6 918 M 760 M 760 M
Net cash 2021 3 373 M 371 M 371 M
P/E ratio 2021 37,6x
Yield 2021 1,42%
Capitalization 247 B 26 947 M 27 110 M
EV / Sales 2021 6,15x
EV / Sales 2022 5,27x
Nbr of Employees 15 198
Free-Float 81,1%
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
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Last Close Price 216,50 SEK
Average target price 207,81 SEK
Spread / Average Target -4,01%
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)196.43%26 947
PACCAR, INC.-0.71%29 743
KUBOTA CORPORATION9.80%26 308
TOYOTA INDUSTRIES CORPORATION14.90%25 838
CNH INDUSTRIAL N.V.30.45%22 684
KOMATSU LTD.-4.12%22 584