Education
About Us
Working with TipRanks
Follow Us
Epiroc AB (SE:EPI.A)
:EPI.A
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.89Last Year’s EPS
1.73Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: -5.39%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
Epiroc demonstrated strong growth and operational efficiency in key strategic areas like mining, automation, and electrification, achieving record orders and revenue. However, challenges in construction demand and margin pressures from acquisitions and market weaknesses presented notable obstacles. The overall sentiment is slightly positive but tempered by these challenges.Company Guidance
In the Epiroc Q4 and Full Year Results Presentation for 2024, the company reported record highs in orders received and revenues, driven by strong demand in mining equipment and services, despite a weaker construction market. The adjusted operating margin (EBIT) was 19.8%, with a noted decrease due to dilution effects and higher construction activity following the Stanley Infrastructure acquisition. Automation initiatives saw a 21% increase in driverless machines, with over 3,450 automated mixed fleet machines deployed. Digital Solutions orders grew by over 30%, while electrification revenues reached 4.2%. The company's efficiency actions included a workforce reduction of around 1,135 employees in 2024 and a SEK 1 billion inventory reduction. The Tools & Attachment segment experienced a 39% order growth, mainly due to the Stanley acquisition, despite a negative 1% organic revenue change. Epiroc's net debt-to-EBITDA ratio was 0.93%, and the Board proposed a dividend of SEK 3.80 per share. The company expects strong mining demand to continue, while construction demand remains weak.Record High Orders and Revenue
Epiroc achieved record highs for orders received and revenues in 2024, supported by acquisitions and strong mining development. Orders in Q4 increased 12% to SEK 16.2 billion, with organic growth of 5%.
Growth in Strategic Areas
Epiroc increased its number of driverless machines by 21% in 2024. Orders for Digital Solutions increased by more than 30%, with strong demand for automation and digitalization solutions.
Electrification Progress
The electrification revenues of group total were 4.2% with significant orders for battery electric equipment. 39 mining sites globally have ordered BEV equipment since 2018, with 28% reordering.
Operational Efficiency Improvements
Sequential inventory reduction by SEK 1 billion with lead times back to normal levels. Workforce reduced by 1,135 employees in 2024 as part of efficiency measures.
Strong Cash Flow
Record high operating cash flow of nearly SEK 4 billion in Q4, representing a 104% cash conversion rate.
---
SE:EPI.A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SE:EPI.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | kr217.20 | kr214.50 | -1.24% |
| Oct 25, 2024 | kr206.50 | kr213.90 | +3.58% |
| Jul 19, 2024 | kr214.57 | kr201.78 | -5.96% |
| Apr 23, 2024 | kr204.83 | kr201.98 | -1.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Epiroc AB (SE:EPI.A) report earnings?
Epiroc AB (SE:EPI.A) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Epiroc AB (SE:EPI.A) earnings time?
Epiroc AB (SE:EPI.A) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Epiroc AB stock?
The P/E ratio of Epiroc AB is N/A.
What is SE:EPI.A EPS forecast?
SE:EPI.A EPS forecast for the fiscal quarter 2025 (Q1) is 1.89.
---