Q4 2024 Epiroc AB Earnings Call Transcript

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Jan 30, 2025

Jan 30, 2025 / 01:00PM GMT
Karin Larsson - Epiroc AB - Vice President - Investor Relations, Head - Investor Relations

Hello, and welcome to the Epiroc Q4 and full year results presentation. My name is Karin Larsson. I'm Head of IR and Media here at Epiroc. And with me today to present the results, I have Helena Hedblom, CEO; Hakan Folin, CFO. As we have a lot to present today and you online, you all already know the procedure. We will start without further ado. So please, Helena the stage is yours.

Helena Hedblom - Epiroc AB - President, Chief Executive Officer, Director

Thank you, Karin. So, I will start with the highlights for 2024. So, we achieved record heights for orders received and revenues with an overall good demand for our equipment and services. The growth was supported by acquisitions but also the strong development within mining. The demand for drilling equipment and tools for infrastructure projects was solid but the demand for attachments used in construction was weak. The operating profit margin decreased impacted by mainly the weaker construction demand and dilution.

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