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EPI B Epiroc AB News Story

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Epiroc beats Q4 orders estimate, says mining demand to remain high; shares rise

** Shares of Swedish mining equipment maker Epiroc EPIRa.ST rise about 7%

** Co posted Q4 results that beat estimates on orders, and said it expects mining demand to remain high in the near term

** Its orders for the quarter came to SEK 15,970 million, slightly above market consensus of SEK 15,888 million, according to LSEG data based on estimates from three analysts

** Q4 EBIT of SEK 3,204 million was in line with market expectations

** The company also said that demand from construction customers is expected to increase somewhat from low level in the near term

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))

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