Industry Turnovers:

• Mining: approx. 60%
• Construction: approx. 25%
• Energy and others: approx. 15%

TOP 3 Markets:

• North America: approx. 35%
• Europe: approx. 30%
• Asia-Pacific: approx. 20%

Epiroc AB generates the majority of its turnover from the mining industry, followed by construction and the energy sector. This diversification enables the company to benefit from various economic cycles.

North America is the largest market for Epiroc, followed by Europe and the Asia-Pacific region. These markets are crucial for the company as they provide stable and growing demand for mining and construction equipment.

Production sites of Epiroc AB:

• Sweden: Headquarters and significant production facilities.
• USA: Production sites for certain product lines.
• China: Manufacturing plants for the Asian market.
• India: Production capacities for local and regional markets.
• South Africa: Production sites to serve the African market.

Epiroc AB, a leading provider of mining and infrastructure equipment, operates several production sites worldwide. These strategically located sites enable the company to efficiently respond to demand in different regions and optimize supply chains. Sweden remains a central production site, while other countries such as the USA, China, India, and South Africa serve important regional markets.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024)

Epiroc AB pursues a growth strategy based on innovation, digitalization, and sustainability. The company heavily invests in research and development to expand its product range and integrate new technologies that enhance efficiency and productivity in mining and the construction industry.

Another focus is on digitalization. Epiroc relies on smart and connected solutions that enable customers to optimize their operations and reduce operating costs. This includes the development of autonomous machines and advanced data analytics.

Sustainability is a key element of the company's strategy. Epiroc is committed to environmentally friendly solutions and has set ambitious goals to reduce CO2 emissions. This is to be achieved through the introduction of electric and hybrid machines that reduce customers' ecological footprint.

In summary, Epiroc focuses on technological innovations and sustainable practices to strengthen its market position and ensure long-term growth.

Main raw materials: Steel, Aluminum, Copper
Main supplying countries: Sweden, Germany, China, USA

Epiroc AB, a leading provider of mining and infrastructure equipment, imports a variety of raw materials necessary for the production of their products. The most important materials include steel, aluminum, and copper, which are essential for the production of machinery and equipment.

Sweden and Germany are significant suppliers of high-quality steels used in the production of robust machine components. China supplies aluminum and other metals needed for lighter machine components. The USA is also an important partner, especially for specialized metal alloys and technologies.

These international supply chains enable Epiroc to manufacture high-quality products that meet the requirements of global markets.

Market share: 25% (estimated for 2025)
EBIT margin: 20% (2024)
R&D expenses: 3.5% of revenue (2024)

Epiroc AB has a significant competitive advantage in the mining and infrastructure industry. With an estimated market share of 25% in 2025, the company demonstrates a strong presence in its core markets. The EBIT margin of 20% in 2024 indicates an efficient cost structure and high profitability, enabling Epiroc to invest in research and development.

The R&D expenses of 3.5% of revenue highlight the company's commitment to developing innovative solutions and technologies. These investments strengthen the product range and enhance Epiroc's competitive position against other market participants.

Additionally, Epiroc benefits from a strong global sales and service network, allowing the company to quickly respond to customer needs and maintain long-term customer relationships.

Institutional Investor Share: 70% (estimated for 2025)

Insider Purchases/Sales: No significant transactions known (2025)

The institutional investor share in Epiroc AB is approximately 70%, indicating a strong trust from institutional investors in the long-term performance of the company. These investors typically include pension funds, investment funds, and other large financial institutions that focus on stable and high-growth companies.

In 2025, no significant insider purchases or sales are known, suggesting that the management and other insiders currently do not expect significant changes in the company's valuation. This can be seen as a sign of stability and confidence in the current corporate strategy.

Market share of Epiroc AB: Estimated 12% (2025)

Main competitors and their market shares:

1. Caterpillar Inc.: 18%
2. Komatsu Ltd.: 15%
3. Sandvik AB: 14%
4. Epiroc AB: 12%
5. Hitachi Construction Machinery Co., Ltd.: 10%
6. Volvo Construction Equipment: 8%
7. Liebherr Group: 7%
8. Doosan Infracore: 6%
9. JCB: 5%
10. Sany Heavy Industry Co., Ltd.: 5%

Moat of Epiroc AB:

Epiroc AB has a significant moat due to its specialization in mining and infrastructure equipment, supported by advanced technology and innovations. The company benefits from a strong brand and an extensive service network that is globally present.

Compared to its competitors, Epiroc has an advantage in niche market strategy, allowing it to offer specialized solutions. However, Caterpillar and Komatsu have a broader product mix and a larger global presence, giving them a stronger moat in terms of economies of scale and market penetration.

Sandvik is a direct competitor in the mining equipment sector and shares many of the technological advantages with Epiroc, intensifying the competition. Overall, Epiroc has a solid, but not insurmountable moat, as the competition also invests heavily in research and development.

Revenue growth: 10% (2024) Profit growth: 8% (2024) Market share in the mining equipment sector: 15% (2024)

Epiroc AB has experienced solid revenue and profit growth in recent years, driven by strong demand for mining equipment and services. The company has strengthened its market position through strategic acquisitions and investments in research and development.

Epiroc has also invested in sustainable technologies to meet the increasing demand for more environmentally friendly solutions in mining. These initiatives could lead to a stronger market position and higher margins in the long term.

Analysts see Epiroc as a stable investment, especially due to the continuous demand in the mining and infrastructure sectors. The company's innovation capabilities and its ability to adapt to market changes make it an attractive option for investors interested in long-term growth.

Dividend yield: 2.1% (estimated for 2025)
Dividend history: Continuous distribution for several years

Epiroc AB has regularly distributed dividends to its shareholders in recent years. The company's dividend policy aims to provide a stable and sustainable return to shareholders. The dividend yield for 2025 is estimated to be around 2.1%, which is in line with previous payouts.

The company has a solid financial foundation and a strong market position, supporting the reliability of dividend payments. Historically, Epiroc AB has also paid dividends in economically challenging times, indicating a robust dividend strategy.