Sweden's Epiroc Q4 revenue misses on currency fluctuations

Epiroc AB

26/01/2026 10:41

Overview

Sweden mining equipment provider's Q4 revenue missed analyst expectations

Q4 EBIT met analyst expectations

Company sees strong demand in mining, driven by exploration and equipment orders

Outlook

Epiroc expects mining demand to remain high in the near term

Company anticipates slight increase in construction demand from low levels

Epiroc highlights technology leadership as a driver for future growth

Result Drivers

MINING DEMAND - Strong demand in mining, particularly in exploration and equipment orders, drove organic growth

CURRENCY IMPACT - Currency fluctuations negatively impacted revenue and orders by 11% and 12%, respectively

INSURANCE SETTLEMENT - Operating profit included a gain from an insurance settlement, affecting comparability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
SEK 16.09 bln
SEK 16.33 bln (13 Analysts)
Q4 EBIT
Meet
SEK 3.20 bln
SEK 3.20 bln (13 Analysts)
Q4 Adjusted EBIT Margin
19.60%
Q4 Basic EPS
SEK 1.94
Q4 EBIT Margin
19.90%
Q4 Orders
SEK 15.97 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 11 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."

Wall Street's median 12-month price target for Epiroc AB is SEK220.00, about 3.3% below its January 23 closing price of SEK227.60

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nWkrb3tjvB

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)