Brief: Epiroc Sees High Underlying Mining Demand, Weak Demand from Construction Customers
Oct 25 (Reuters) - Epiroc AB EPIRa.ST :
* IN Q3, ORDERS RECEIVED INCREASED 8% TO MSEK 15,520
(14,360),
CORRESPONDING TO AN ORGANIC GROWTH OF 6%
* NEAR-TERM OUTLOOK: WE EXPECT THAT UNDERLYING MINING
DEMAND, BOTH
FOR EQUIPMENT AND AFTERMARKET, WILL REMAIN AT A HIGH LEVEL
* NEAR-TERM OUTLOOK: DEMAND FROM CONSTRUCTION CUSTOMERS IS
EXPECTED TO REMAIN WEAK
Source text for Eikon: ID:nWkr8PVTTw
Further company coverage: EPIRa.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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Brief: Epiroc Reconfirms Financial Goals, Expects High Near-Term Mining Demand