Q1 2025 Epiroc AB Earnings Call Transcript

Apr 29, 2025 / 08:00 AM GMT
Release Date Price: $15.9

Key Points

Positve
  • Epiroc AB (EPIAF) announced its largest ever water contract, valued at AUD 350 million, for a fully autonomous and electric fleet in Australia.
  • The company reported strong mining demand with equipment orders up 29% organically.
  • Revenues increased by 10% to 15.5 billion SEK, with a 3% organic growth.
  • Epiroc AB (EPIAF) successfully integrated AARD mining equipment, enhancing its product portfolio with high-performance underground utility vehicles.
  • The company made significant progress in sustainability, reducing CO2 emissions from operations by 11% and increasing the proportion of women in the workforce to 20%.
Negative
  • The demand for attachments in the construction sector remained weak, impacting overall growth.
  • Operating profit margin decreased slightly to 19.9%, affected by a lower share of service revenues.
  • The construction market remains challenging, with no clear signs of recovery.
  • Political developments and tariff uncertainties pose challenges, requiring adjustments in logistics and distribution.
  • CO2 emissions from transport increased by 3% due to higher volumes delivered.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EPIRa.ST - Epiroc AB
Q1 2025 Epiroc AB Earnings Call
Apr 29, 2025 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Hello and a warm welcome to the Epiro Q1 results presentation.

My name is Colin Larson. I'm head of IR and media here at Epiroch, and by my side I have our CEO Helian Maat Bloom and our CFO Joa Fulin. As always, they will briefly present the results before we do a Q&A session. You all know the drill. Heliana, please. The stage is yours.

Thank you.

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Unidentified_2 [2]
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So thank you Coin, and a warm welcome to all of you.

So before I dive into the Q1 results, I would like to spend a few words on a highlight from earlier this month in April when
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