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Epiroc AB (EPOKY)
OTHER OTC:EPOKY
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.17Last Year’s EPS
0.16Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: 4.51%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in key growth areas such as mining, digital solutions, and electrification, with record-high orders and cash flow. However, the company faced challenges in the construction market, impacting margins, and ongoing integration issues with recent acquisitions. Despite these challenges, the overall sentiment is positive due to strategic growth and operational achievements.Company Guidance
In the recent call, Epiroc provided guidance for fiscal year 2024, highlighting record highs in orders received and revenues despite a weaker construction market. The operating profit margin decreased, mainly due to lower construction demand and acquisition-related dilution, resulting in an adjusted EBIT margin of 19.8%. The company executed efficiency actions, reducing the workforce by 1,135 employees, and aimed to improve the adjusted operating margin from its current 19.7%. Epiroc reported strong growth in strategic areas like automation, digitalization, and electrification, with digital solutions orders increasing by over 30% and electrification revenues reaching 4.2% of the total. The company also achieved significant product launches and maintained a focus on sustainability, reducing operational emissions by 9%. Looking ahead, Epiroc expects strong mining demand to continue, while construction demand remains weak.Record High Orders and Revenues
Epiroc achieved record highs for orders received and revenues in 2024, supported by strong demand in mining and strategic growth areas like automation and digital solutions.
Strong Growth in Digital Solutions
Orders in the Digital Solutions division increased by more than 30% in 2024, demonstrating significant demand for automation and safety solutions.
Significant Progress in Electrification
Electrification revenues accounted for 4.2% of the group's total, with notable increases in battery electric vehicle (BEV) fleet utilization.
Operational Excellence and Workforce Efficiency
Implemented efficiency measures resulted in a reduction of 1,135 employees in 2024, with further efficiencies expected.
Record High Cash Flow
Operating cash flow increased by over 60% year-over-year, reaching nearly SEK 4 billion, supported by strong equipment invoicing and inventory reduction.
Strong Market Position in Mining
Mining represented 78% of orders in Q4, with strong demand for automation and digitalization solutions.
Recognition for Sustainable Growth
Epiroc was named one of the 'World's Best Companies in Sustainable Growth 2025' by TIME Magazine and Statista.
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EPOKY 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
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EPOKY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $19.75 | $19.50 | -1.27% |
| Oct 25, 2024 | $19.51 | $20.24 | +3.74% |
| Jul 19, 2024 | $20.41 | $18.99 | -6.96% |
| Apr 23, 2024 | $18.92 | $18.80 | -0.63% |
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.
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FAQ
When does Epiroc AB (EPOKY) report earnings?
Epiroc AB (EPOKY) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Epiroc AB (EPOKY) earnings time?
Epiroc AB (EPOKY) 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 EPOKY EPS forecast?
EPOKY EPS forecast for the fiscal quarter 2025 (Q1) is 0.17.
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