EPC Groupe Secures Major Contract for Lyon-Turin Tunnel Project

Societe Explosifs et Produits Chimiques SA ( (FR:EXPL) ) has shared an update.

EPC Groupe has been awarded a fourth multi-year explosives supply contract for the Lyon-Turin Railway Tunnel project. This contract, valued at approximately €9 million, involves the excavation of 11 km of tunnel using the company’s SPUR technology, which enhances productivity and sustainability in underground operations. This award underscores EPC Groupe’s expertise in underground works and strengthens its position in the sector, contributing to the development of low-carbon transport infrastructure across Europe.

More about Societe Explosifs et Produits Chimiques SA

EPC Groupe is a leading company in the manufacturing, storage, and distribution of explosives, with a turnover exceeding €500 million in 2023 and nearly 2,500 employees across 44 subsidiaries in over 29 countries. The group has been providing innovative solutions for the mining, quarrying, infrastructure, and underground works sectors for 130 years, focusing on performance and value generation for its clients.

YTD Price Performance: 3.46%

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Technical Sentiment Consensus Rating: Sell

Current Market Cap: €437.2M

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