Close

Not sure what to search for?

We provide you an overview of the most visited pages

Epiroc assigned preliminary BBB+ credit rating from S&P Global Ratings

November 21, 2018

Stockholm, Sweden: Epiroc AB, a leading productivity partner for the mining, infrastructure and natural resources industries, has been assigned a preliminary BBB+ long-term issuer credit rating by S&P Global Ratings, with a stable outlook.

S&P Global states that the rating on Epiroc reflects a “leading global position as a provider of equipment for rock drilling and excavation, expected resilience against cyclicality in equipment demands thanks to its high-share of aftermarket sales revenues, as well as industry-leading EBITDA margins of around 23%-24%.”


The BBB+ rating reflects Epiroc’s solid financial situation and leading market position,” said Anders Lindén, Epiroc’s Chief Financial Officer. “This credit rating is consistent with our expectations, confirms our long-term financial stability, and enables potential funding opportunities in the future.”

For more information please contact: 
Ola Kinnander, Media Relations Manager

+46 70 347 2455
media@epiroc.com

  • 20181121 Epiroc assigned preliminary BBB+ credit rating from S&P Global Ratings 419.4 kB, PDF