Brief: Epiroc Sees Demand From Construction Customers To Remain Weak Near Term

Epiroc AB

30/01/2025 10:35

Jan 30 (Reuters) - Epiroc AB  EPIRa.ST :
    * PROPOSES DIVIDEND OF SEK 3.80 (3.80) PER SHARE
    * DEMAND FROM INFRASTRUCTURE CUSTOMERS WAS MIXED, WITH SOLID
DEMAND FROM CUSTOMERS WITHIN TUNNELING AND CIVIL ENGINEERING
    * DEMAND FROM CONSTRUCTION CUSTOMERS REMAINED WEAK
    * EXPECTS THAT THE UNDERLYING MINING DEMAND, BOTH FOR
EQUIPMENT
AND AFTERMARKET, WILL REMAIN AT A HIGH LEVEL
    * SIGNIFICANT WORKFORCE REDUCTION TO CONTINUE IN 2025
    * ORGANIC INCREASE OF ORDERS WAS 5%
    * DEMAND FROM CONSTRUCTION CUSTOMERS IS EXPECTED TO REMAIN
WEAK IN
THE NEAR TERM
    * IN Q4, ORDER INTAKE INCREASED TO MSEK 16 182 (14 388),
CORRESPONDING TO AN ORGANIC GROWTH OF 5%

Source text:  ID:nWkr6MxQyP 
Further company coverage:  EPIRa.ST 

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