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Financial publications

Here you will find financial reports from Epiroc. In order to facilitate the understanding of the financial statements the most common financial terms and ratios and their definitions are presented in the key figures document. Up until June 2018, Epiroc was a part of the Atlas Copco Group.

Market comment Q2 2024

Mining activity continued to be strong in the quarter and the orders received increased to MSEK 16 349 (15 436), corresponding to an organic growth of 1%. Large equipment orders amounted to MSEK 950 (550). The organic service growth was 5%, driven by mid-life upgrades and a strong demand for mixed-fleet automation. The construction market weakened further in the quarter, impacting mainly the aftermarket business. The demand for hydraulic attachments in important markets, such as the United States and Europe, was especially weak.

 

Compared to the previous quarter, we achieved 5% organic growth, driven by higher order intake for mining equipment.

 

In the near term, we expect that the underlying mining demand, both for equipment and aftermarket, will remain at a high level, while demand from construction customers is expected to remain weak.

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