Brief: Epiroc Q2 Revenue SEK 16.7 Billion, Above IBES Estimate
BRIEF-Epiroc Q2 Revenue SEK 16.7 Billion, Above IBES Estimate July 17 (Reuters) - Epiroc AB EPIRa.ST:
Q2 ORDERS SEK 17,305 MILLION
Q2 REVENUE SEK 16,702 MILLION VS. IBES ESTIMATE SEK 16,559 MILLION
Q2 EBIT MARGIN 19.9%
Q2 ADJUSTED EBIT MARGIN 20.1%
Q2 EBIT SEK 3,316 MILLION VS. IBES ESTIMATE SEK 3,394 MILLION
IN NEAR TERM, WE EXPECT MINING DEMAND TO REMAIN HIGH AND DEMAND FROM INFRASTRUCTURE CUSTOMERS TO INCREASE SOMEWHAT
CUSTOMER ACTIVITY WITHIN MINING REMAINED AT HIGH LEVEL, SUPPORTED BY HISTORICALLY HIGH MINERAL PRICES IN SEGMENTS TO WHICH WE HAVE LARGE EXPOSURE
INVESTMENT SENTIMENT WITHIN INFRASTRUCTURE AND CONSTRUCTION PROJECTS HAS IMPROVED, WHICH LED TO STABLE ORDER DEVELOPMENT
Source text: ID:nWkr5MN1FL
Further company coverage: [EPIRa.ST]
(Gdansk Newsroom)
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