EPI-B 📈 Epiroc AB (publ) - Overview

Epiroc AB (publ) is a global leader in the development and production of equipment for surface and underground applications, with a presence in multiple regions including North America, Europe, South America, Africa, the Middle East, Asia, and Australia. The company's operations are divided into two primary segments: Equipment & Service, and Tools & Attachments. The Equipment & Service segment focuses on providing comprehensive solutions for rock drilling, excavation, reinforcement, loading, and haulage, as well as ventilation systems and drilling equipment for exploration, water, and energy applications. This segment also offers a range of related spare parts and services tailored to the mining and infrastructure industries, with a strong emphasis on innovation through automation, digitalization, and electrification.

The Tools & Attachments segment, on the other hand, specializes in the production of consumables and tools essential for rock drilling and exploration drilling, including drill bits, drill rods, and ground engaging tools like cast lips and teeth. Additionally, this segment offers digital solutions designed to enhance the efficiency and productivity of mining operations. Hydraulic attachments are another key area, with products such as hydraulic breakers, shears, pulverizers, and a variety of other equipment designed to facilitate tasks like demolition, excavation, and material processing. Notably, Epiroc also provides HATCON, a remote monitoring tool that enables real-time tracking and management of equipment performance and condition.

Beyond its manufacturing capabilities, Epiroc AB (publ) is committed to delivering comprehensive aftermarket services aimed at extending the lifespan and enhancing the performance of its equipment. These services include new circular services, technology-agnostic digital solutions that boost productivity, mid-life upgrades, conversions from diesel to battery power, and the remanufacturing of components. By offering such a broad spectrum of support, the company aims to provide its customers with holistic solutions that meet their evolving needs and contribute to more sustainable operations. Founded in 1873 and headquartered in Nacka, Sweden, Epiroc AB (publ) has established itself as a pioneering force in the industry, with a rich history of innovation and a strong commitment to its customers and the environment.

With its extensive portfolio and global reach, Epiroc AB (publ) is well-positioned to address the complex challenges faced by the mining and infrastructure sectors. The company's dedication to research and development, coupled with its emphasis on customer satisfaction and sustainability, underscores its role as a leader in the construction machinery and heavy transportation equipment sub-industry. As the demand for efficient, reliable, and environmentally conscious solutions continues to grow, Epiroc AB (publ) is poised to play a significant role in shaping the future of these industries, leveraging its expertise and experience to drive innovation and progress.