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
Delayed Nasdaq Stockholm  -  11:29 2022-08-19 am EDT
173.15 SEK   -1.48%
08/02Swedish Mining Equipment Maker Epiroc Closes Purchase of RNP México
MT
08/02Epiroc completes acquisition of manufacturer of rock drills
AQ
08/02EPIROC AB (OM : EPI A) Completed the acquisition of RNP México.
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Epiroc wins large surface mining equipment order in Australia

06/30/2022 | 02:31am EDT

Stockholm, Sweden: Epiroc, a leading productivity partner for the mining and Infrastructure industries, has won a large order for mining equipment from Rio Tinto in Australia.

Rio Tinto, one of the world's largest mining companies, has ordered several Epiroc Pit Viper 271 drill rigs that will be retrofitted by Rio Tinto with autonomous capabilities, as well as SmartROC D65 drill rigs that also are loaded with intelligent features. They will be used in the Pilbara region of Western Australia, where Rio Tinto is operating a highly advanced integrated network of iron ore mines.

The order exceeds MSEK 150 in value and was booked in the second quarter 2022. It follows a large order by Rio Tinto in the first quarter 2022 for Pit Viper 271s. Also, in 2021, Rio Tinto placed a large order for Pit Viper 271 and SmartROC D65 rigs, also for iron ore mines in Pilbara.

"Epiroc and Rio Tinto have a long-standing partnership focused on optimizing safety and productivity through cutting-edge innovation," says Epiroc President and CEO Helena Hedblom.

The Pit Viper 271 and SmartROC D65 drill rigs, manufactured in Texas, United States, and Örebro, Sweden, respectively, are built to face the toughest conditions and will come installed with Epiroc's Rig Control System, RCS, making them ready for automation and remote control. 


An Epiroc Pit Viper 271

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-surface-mining-equipment-order-in-australia,c3593585

https://mb.cision.com/Main/16899/3593585/1598741.pdf

https://news.cision.com/epiroc/i/pit-viper-271,c3065972

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

All news about EPIROC AB (PUBL)
08/02Swedish Mining Equipment Maker Epiroc Closes Purchase of RNP México
MT
08/02Epiroc completes acquisition of manufacturer of rock drills
AQ
08/02EPIROC AB (OM : EPI A) Completed the acquisition of RNP México.
CI
07/28Jess Kindler, division President, to leave Epiroc
AQ
07/28Jess Kindler, Division President, to Leave Epiroc
CI
07/20TRANSCRIPT : Epiroc AB, Q2 2022 Earnings Call, Jul 20, 2022
CI
07/20Swedish Mining Equipment Maker Epiroc's H1 Profit Jumps 22% Amid Sustained High Demand
MT
07/20EPIROC : Presentation Kv2 2022
PU
07/20Epiroc interim report Q2 2022
AQ
07/20Epiroc AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30,..
CI
More news
Analyst Recommendations on EPIROC AB (PUBL)
More recommendations
Financials
Sales 2022 48 049 M 4 538 M 4 538 M
Net income 2022 8 224 M 777 M 777 M
Net cash 2022 4 216 M 398 M 398 M
P/E ratio 2022 25,3x
Yield 2022 1,96%
Capitalization 202 B 19 069 M 19 069 M
EV / Sales 2022 4,11x
EV / Sales 2023 3,72x
Nbr of Employees 15 912
Free-Float 80,8%
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
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Last Close Price 173,15 SEK
Average target price 181,50 SEK
Spread / Average Target 4,82%
EPS Revisions
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
Sector and Competitors
1st jan.Capi. (M$)
EPIROC AB (PUBL)-23.32%19 670
PACCAR, INC.6.75%32 762
DAIMLER TRUCK HOLDING AG-14.82%22 945
KOMATSU LTD.7.07%20 180
KUBOTA CORPORATION-12.18%19 740
TOYOTA INDUSTRIES CORPORATION-13.49%18 271