Declared Dividend • May 20
Dividend of kr1.90 announced Shareholders will receive a dividend of kr1.90. Ex-date: 16th October 2026 Payment date: 22nd October 2026 Dividend yield will be 8.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 02
Jeane Hull Declines Re-Election as Board Member of Epiroc AB Epiroc AB announced that Jeane Hull has declined re-election as Board member at the upcoming AGM. Tillkännagivande • Jan 27
Epiroc AB (Publ) Proposes Dividend Epiroc AB (publ) announced that the board proposed a dividend of SEK 3.80 (3.80) per share to be paid in two equal installments. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Anthea Bath was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 25
Epiroc AB (Publ) and Hancock Iron Ore Reaches Milestone as Roy Hill Becomes World's Largest Fully Agnostic Autonomous Mine Epiroc AB has successfully converted - from manual to fully driverless - all 78 mining haul trucks at Hancock Iron Ore's Roy Hill mine in the Pilbara region of Western Australia. The conversions - utilizing Epiroc's LinkOA system - are a major milestone on the journey toward creating the fully agnostic autonomous mine. Epiroc and Hancock Iron Ore have collaborated closely with this goal: to create the world's largest fully agnostic autonomous mine. Now, 78 haul trucks have been converted, and 60 of them are allocated to autonomous operation. The next step is to deploy the remaining trucks and finalize the mine's ancillary vehicles' communications capability. LinkOA is interoperable and scalable regardless of manufacturer, so called Original Equipment Manufacturer (OEM) agnostic. Ultimately, the mine's autonomous fleet will comprise 54 Caterpillar793F trucks and 24 Hitachi EH5000 trucks. Hancock Iron Ore's autonomous haul trucks are using Epiroc's LinkOA traffic management and on-board automation systems to navigate the Roy Hill mine's virtual map, communicating with ancillary vehicles and the Remote Operations Centre (ROC) located some 1 100 km away in Perth. More than 250 million tonnes of material have been moved autonomously using LinkOA and the trucks have safely travelled around 6 million kilometers, equivalent to going around the world more than 150 times, delivering consistent results that redefine what is possible in surface mining. With most of the 78 converted trucks already operating autonomously, the final phase - bringing all the trucks and ancillary vehicles online - is on track for completion by December 2025, marking the full realization of the OEM-agnostic autonomous haulage operation. Powerful and reliable connectivity is key to the project's success. The connectivity was implemented in readiness for AHS operations with support from Radlink, which was fully acquired by Epiroc earlier this year. In August, Epiroc received Hancock Iron Ore's 2025 Innovation Award for its pivotal role in delivering the autonomous haulage project, showcasing ground-breaking scale, safety, and technological excellence in mining automation. In the third quarter of 2025, Epiroc recognized around MSEK 300 in revenues from the project. Onwards, Epiroc anticipates annual and recurring revenues from the project, and the order book has been opened for more miners to enjoy the productivity, efficiency and safety of a mixed haul truck fleet. Tillkännagivande • Oct 22
Epiroc AB (publ), Annual General Meeting, May 05, 2026 Epiroc AB (publ), Annual General Meeting, May 05, 2026. Tillkännagivande • Oct 21
Epiroc AB Announces Nomination Committee for the Annual General Meeting 2026 Epiroc AB (publ) announced that according to the Instruction for the Nomination Committee adopted by the Annual General Meeting of Epiroc AB, the Nomination Committee should consist of representatives for the four shareholders, directly registered or ownership grouped, controlling the largest number of votes in Epiroc AB that desire to appoint a member. In addition thereto, the Chair of the Board of Directors shall be a member. The following persons will form the Nomination Committee for the Annual General Meeting 2026. Petra Hedengran - Investor AB (Chair); Caroline Sjösten - Swedbank Robur Fonder AB; Helen Fasth Gillstedt – Handelsbanken Fonder; Gustav Österberg – Nordea Funds; Ronnie Leten - Chair of Epiroc AB’s Board of Directors. The Annual General Meeting of Epiroc AB will be held on May 5, 2026. Tillkännagivande • Aug 07
Epiroc Announces Board Appointments Epiroc, announced changes to Group Management to create a more effective organizational structure by implementing Business Areas. Equipment & Service, with Business Area President Jess Kindler. Jess has more than 20 years in the Group and a strong track record of driving profitable growth in various global locations, within both service and equipment. Jess is a U.S. citizen born in 1975. He holds a B.Sc. in Mining Engineering from Colorado School of Mines, USA, and an MBA from the University of Pennsylvania, Wharton School of Business, USA. Jess' most recent position is as a Senior Consulting Advisor, specializing in driving growth and excellence for global companies. Jess will be located in USA. Tools & Attachments, with Business Area President José Manuel Sánchez. José Manuel has spent his whole career within the Group and is an appreciated leader. He has a strong track record driving profitable growth, most recently within surface drilling and exploration. José Manuel is a Spanish citizen born in 1963 and holds a M.Sc. in Mining from Universidad Politécnica de Madrid, Spain, as well as a Master of Marketing and Sales Management from Cerem International Business School, Spain. Currently, José Manuel is the Division President for the Epiroc Surface Division. José Manuel will be located in USA. Epiroc's current eight separate and focused, yet integrated divisions will continue to have the operational responsibility, but from September 1, 2025, the Division Presidents will report to the respective Business Area President instead of to the CEO. As a result, the Epiroc Group Management will consist of six positions in total, a reduction from the previous 13 positions. Tillkännagivande • May 24
Epiroc AB to Consolidate North American Drilling Tools Manufacturing Epiroc AB consolidate some of its drilling tools manufacturing from Canada to Mexico to increase efficiency. As a result, the manufacturing site in Langley, Canada, will be closed. Epiroc will move the manufacturing of rotary and raiseboring drilling tools from Langley to its factory in Matehuala, Mexico, where rock drills are also currently produced. The relocation of production equipment from Canada to Mexico will begin in the third quarter 2025 and the consolidation will be completed by the first quarter 2027, when the production in Langley will be closed. Around 65 employees will be affected and Epiroc will have restructuring costs of approximately SEK 70 million (excluding tax impacts) in the second quarter 2025. The business to be moved belongs to the Tools division. Tillkännagivande • Apr 03
Epiroc AB (publ) (OM:EPI A) acquired remaining 47% stake in Radlink Pty Limited. Epiroc AB (publ) (OM:EPI A) acquired remaining 47% stake in Radlink Pty Limited on April 2, 2025. For the period ending June 30, 2024, Radlink Pty Limited reported total revenue of SEK 1330.
Epiroc AB (publ) (OM:EPI A) completed the acquisition of remaining 47% stake in Radlink Pty Limited on April 2, 2025. Tillkännagivande • Jan 31
Epiroc AB (publ), Annual General Meeting, May 08, 2025 Epiroc AB (publ), Annual General Meeting, May 08, 2025, at 16:00 W. Europe Standard Time. Location: nacka, Sweden Buy Or Sell Opportunity • Nov 11
Now 20% undervalued Over the last 90 days, the stock has risen 12% to €18.24. The fair value is estimated to be €22.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 9.0%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: kr1.92 (vs kr1.85 in 3Q 2023) Third quarter 2024 results: EPS: kr1.92 (up from kr1.85 in 3Q 2023). Revenue: kr15.7b (up 4.7% from 3Q 2023). Net income: kr2.32b (up 3.7% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 14
Upcoming dividend of kr1.90 per share Eligible shareholders must have bought the stock before 21 October 2024. Payment date: 25 October 2024. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.5%). Tillkännagivande • Oct 03
Epiroc AB (Publ) Announces Formation of the Nomination Committee for the Annual General Meeting 2025 According to the Instruction for the Nomination Committee adopted by the Annual General Meeting of Epiroc AB, the Nomination Committee should consist of representatives for the four shareholders, directly registered or ownership grouped, controlling the largest number of votes in Epiroc AB that desire to appoint a member. In addition thereto, the Chairman of the Board of Directors shall be a member. The following persons will form the Nomination Committee for the Annual General Meeting 2025. Petra Hedengran - Investor AB (Chair). Joachim Spetz - Swedbank Robur. Mikael Wiberg - Alecta. Gustav Österberg - Nordea. Ronnie Leten - Chair of Epiroc AB's Board. The Annual General Meeting of Epiroc AB will be held on May 8, 2025. Buy Or Sell Opportunity • Oct 02
Now 21% undervalued Over the last 90 days, the stock has risen 2.9% to €18.96. The fair value is estimated to be €24.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Tillkännagivande • Sep 05
Epiroc AB (publ) (OM:EPI A) completed the acquisition of ACB+. Epiroc AB (publ) (OM:EPI A) agreed to acquire ACB+ on May 24, 2024. The parties have agreed not to disclose the purchase price as the transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation. ACB+ had revenues of about SEK 365 million in the 12 months through March 31, 2024. The acquisition is expected to be completed in the third quarter 2024.
Epiroc AB (publ) (OM:EPI A) completed the acquisition of ACB+ on September 4, 2024. The parties have agreed not to disclose the purchase price as the transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation. Reported Earnings • Jul 22
Second quarter 2024 earnings released: EPS: kr1.69 (vs kr2.19 in 2Q 2023) Second quarter 2024 results: EPS: kr1.69 (down from kr2.19 in 2Q 2023). Revenue: kr16.5b (up 3.8% from 2Q 2023). Net income: kr2.04b (down 23% from 2Q 2023). Profit margin: 12% (down from 17% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Declared Dividend • Jun 20
Dividend of kr1.90 announced Shareholders will receive a dividend of kr1.90. Ex-date: 21st October 2024 Payment date: 25th October 2024 Dividend yield will be 11%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 13% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 05
Epiroc AB (publ) Appoints Jodie Velasquez President Parts & Services APAC Division Epiroc has appointed Jodie Velasquez President of the Parts & Services Asia Pacific (APAC) division and member of Group Management, effective immediately. Jodie Velasquez has a 16-year career with the company and her significant experience includes serving as General Manager for production companies in Canada and Australia, Business Controller and Plant Manager. She has been Vice President Controlling and Finance for Epiroc's three regional Parts & Services divisions since February 2020. Jodie Velasquez is a U.S. citizen, born 1981, and holds a Bachelor of Science degree in Finance from Arizona State University, United States. She will be based in Perth, Australia. Tillkännagivande • May 15
Epiroc AB (Publ) Approves Dividend, Payable on May 21, 2024, and October 25, 2024 Epiroc AB (publ) held its Annual General Meeting on May 14, 2024, The proposed dividend of SEK 3.80 per share, to be paid in two equal instalments of SEK 1.90, was approved. The record date for the first instalment is May 16, 2024, and for the second instalment October 22, 2024. The first instalment is expected to be distributed by Euroclear on May 21, 2024, and the second instalment on October 25, 2024. Tillkännagivande • May 03
Epiroc Announces Change in Group Management Arman Bagdasarian, President of Epiroc's Parts & Services Asia Pacific (APAC) division, will leave to pursue a career outside the Group. Arman Bagdasarian began his employment with the Group in 2018, and assumed his current position as President of the Parts & Services Asia Pacific (APAC) division, and member of Group Management, in January 2023. He leaves his position on May 2, 2024 and the recruitment of a successor to the role of Parts & Services Asia Pacific (APAC)divisional President will be initiated soon. In the meantime, Jodie Velasquez, Vice President Controlling & Finance Parts & Services, is being appointedActing President for the division. Tillkännagivande • Apr 02
Epiroc AB (publ) (OM:EPI A) completed the acquisition of STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK). Epiroc AB (publ) (OM:EPI A) agreed to acquire STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK) for $760 million on December 15, 2023. The acquisition is an all-cash transaction with secured financing through a bridge facility. STANLEY Infrastructure reported $547 million revenues in 2022. The acquisition is subject to customary regulatory filings and is expected to be completed in the first quarter 2024. Stanley Black & Decker expects to utilize the cash proceeds of the transaction, net of modest taxes, to reduce debt. As per amended filing, transaction is expected to be completed in late first quarter of 2024. Sean C. Doyle, Samuel J. Cammer, Erica Schohn, Bruce Goldner, David P. Wales, Alec J. Jarvis of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel for Stanley Black & Decker. J.P. Morgan acted as financial advisor to Stanley Black & Decker, Inc. Centerview Partners acted as financial advisor to Stanley Black & Decker, Inc.Epiroc AB (publ) (OM:EPI A) completed the acquisition of STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK) on April 1, 2024. Stanley Black & Decker expects to utilize the cash proceeds, net of modest taxes, to reduce debt. Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: kr7.82 (vs kr6.96 in FY 2022) Full year 2023 results: EPS: kr7.82 (up from kr6.96 in FY 2022). Revenue: kr60.3b (up 21% from FY 2022). Net income: kr9.43b (up 12% from FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 11
Final dividend of kr1.90 announced Shareholders will receive a dividend of kr1.90. Ex-date: 15th May 2024 Payment date: 21st May 2024 Dividend yield will be 13%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 13% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jan 25
Epiroc AB (publ) to Report Q4, 2024 Results on Jan 30, 2025 Epiroc AB (publ) announced that they will report Q4, 2024 results on Jan 30, 2025 Reported Earnings • Jan 25
Full year 2023 earnings released: EPS: kr7.82 (vs kr6.96 in FY 2022) Full year 2023 results: EPS: kr7.82 (up from kr6.96 in FY 2022). Revenue: kr60.3b (up 21% from FY 2022). Net income: kr9.43b (up 12% from FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Tillkännagivande • Jan 24
Epiroc AB (publ) Proposes Dividend Epiroc AB (publ) proposed a dividend of SEK 3.80 (SEK 3.40) per share to be paid in two equal installments. Tillkännagivande • Jan 09
Epiroc AB (Publ) Announces Executive Changes Epiroc AB (publ) has appointed Wayne Symes President of the Underground division and member of Group Management, effective April 1, 2024. Wayne Symes is since 2020 Vice President Global Customer Relationships at Epiroc. He has almost 15 years within the Group in different positions. He has extensive experience leading companies and business lines within mining and with customers globally. Wayne Symes is an Australian citizen, born 1973, and holds a Diploma of Business Management from School of Technical and Further Education in Tasmania, Australia, and a Diploma of International Management from Stockholm School of Economics, Sweden, and Duke University, United States. He will be based in Sweden. Wayne Symes is succeeding Sami Niiranen, who, as previously announced, will leave for a position outside the Group. Tillkännagivande • Dec 16
Epiroc AB (publ) (OM:EPI A) agreed to acquire STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK) for $760 million. Epiroc AB (publ) (OM:EPI A) agreed to acquire STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK) for $760 million on December 15, 2023. The acquisition is an all-cash transaction with secured financing through a bridge facility. The acquisition is subject to customary regulatory filings and is expected to be completed in the first quarter 2024. Stanley Black & Decker expects to utilize the cash proceeds of the transaction, net of modest taxes, to reduce debt. Tillkännagivande • Nov 10
Epiroc Announces Resignation of Sami Niiranen as Divisional President Sami Niiranen, Effective May 2024 Sami Niiranen, President of Epiroc’s Underground division, will leave Epiroc for a position outside the Group. Sami Niiranen will end his employment latest in May 2024. Sami Niiranen, born 1972, has held several management positions in the Group since he joined in 2004, including heading up the company’s business in Ghana and Finland. In 2018, he was appointed to his current position as President of the global Underground division, and he has been a member of Epiroc’s Group Management since 2020. The recruitment of a successor to the role of Underground divisional President will be initiated soon. Sami Niiranen will help to ensure an orderly transition. Reported Earnings • Oct 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr15.0b (up 17% from 3Q 2022). Net income: kr2.24b (flat on 3Q 2022). Profit margin: 15% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 24
Epiroc AB (publ), Annual General Meeting, May 14, 2024 Epiroc AB (publ), Annual General Meeting, May 14, 2024. Agenda: To consider the executive changes. Tillkännagivande • Oct 23
Epiroc AB (Publ) Announces Formation of the Nomination Committee for the Annual General Meeting 2024 Epiroc AB (publ) announced formation of the nomination committee for the Annual General Meeting 2024. The following persons will form the Nomination Committee for the Annual General Meeting 2024: Petra Hedengran - Investor AB (Chair); Joachim Spetz - Swedbank Robur funds; Mikael Wiberg - Alecta; Helen Fasth Gillstedt - Handelsbanken funds; and Ronnie Leten - Chair of Epiroc AB's Board. Upcoming Dividend • Oct 16
Upcoming dividend of kr1.70 per share at 1.6% yield Eligible shareholders must have bought the stock before 23 October 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 43% and the cash payout ratio is 85%. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.9%). Reported Earnings • Jul 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr15.9b (up 34% from 2Q 2022). Net income: kr2.65b (up 49% from 2Q 2022). Profit margin: 17% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Tillkännagivande • Jun 03
Epiroc AB (publ) (OM:EPI A) completed the acquisition of Production facilities and Service centers of Schramm. Epiroc AB (publ) (OM:EPI A) agreed to acquire Production facilities and Service centers of Schramm on May 17, 2023. The asset purchase is expected to be completed in the second quarter 2023.Epiroc AB (publ) (OM:EPI A) completed the acquisition of Production facilities and Service centers of Schramm on June 2, 2023. Tillkännagivande • May 24
Epiroc AB (publ) Approves Dividend Epiroc AB at the Annual General Meeting held on May 23, 2023, approved dividend of SEK 3.40 per share, to be paid in two equal instalments of SEK 1.70, was approved. The record date for the first instalment is May 25, 2023, and for the second instalment October 24, 2023. The first instalment is expected to be distributed by Euroclear on May 30, 2023, and the second instalment on October 27, 2023. Recent Insider Transactions • May 19
Senior VP & General Counsel recently bought €27k worth of stock On the 12th of May, Charlotta Grähs bought around 2k shares on-market at roughly €17.90 per share. This transaction increased Charlotta's direct individual holding by 3x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €35k. Insiders have collectively bought €94k more in shares than they have sold in the last 12 months. Tillkännagivande • May 18
Epiroc AB (publ) (OM:EPI A) agreed to acquire Production facilities and Service centers of Schramm. Epiroc AB (publ) (OM:EPI A) agreed to acquire Production facilities and Service centers of Schramm on May 17, 2023. The asset purchase is expected to be completed in the second quarter 2023. Upcoming Dividend • May 17
Upcoming dividend of kr1.70 per share at 1.7% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 47% and the cash payout ratio is 81%. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%). Recent Insider Transactions • Mar 22
Senior VP of Controlling recently bought €18k worth of stock On the 17th of March, Hakan Folin bought around 1k shares on-market at roughly €16.84 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Hakan has been a buyer over the last 12 months, purchasing a net total of €65k worth in shares. Reported Earnings • Mar 13
Full year 2022 earnings released Full year 2022 results: Revenue: kr49.7b (up 25% from FY 2021). Net income: kr8.40b (up 19% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Tillkännagivande • Feb 15
Epiroc Presents World's First Underground Mine Truck Made Using Fossil-Free Steel from SSAB Epiroc is pioneering a battery-electric underground mine truck prototype made using fossil-free steel from SSAB. The prototype, a Minetruck MT42 Battery, has a dump box made from fossil-free steel. The result will mean a 10-tonne reduction in CO2 emissions per manufactured dump box, the equivalent of taking five gasoline cars off the road for an entire year. The partnership will help Epiroc accelerate its journey to create a more sustainable future, deliver the world's greenest machines, and support its customers. The Minetruck MT42 Battery is a breakthrough in Epiroc's sustainable innovation. It is a significant step in the company's ambition to produce cutting-edge, environmentally smart mining equipment. It is emissions-free in operation, generating a strong positive impact on the climate as well as on operators' work environment and productivity. Reported Earnings • Feb 01
Full year 2022 earnings released Full year 2022 results: Revenue: kr49.7b (up 25% from FY 2021). Net income: kr8.40b (up 19% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Tillkännagivande • Feb 01
Epiroc AB (Publ) Proposes A Dividend The Board of Epiroc AB (publ) proposes a dividend of SEK 3.40 (SEK 3.00) per share to be paid in two equal installments. 
