Report
Delphine Brault ...
  • Quentin Borie

Epiroc : Margins continuing to deteriorate and to raise concerns

>Q2: order growth (1%) but lower revenues (-1%) and margins (-190bp) - Epiroc reported, on Friday during trading, its Q2 2024 results (see page 2), which slightly beat expectations on order intake, but fell some way short on adjusted EBIT (-5%).Order intake came in 1% higher in organic terms (css at -1%), underpinned by large orders (SEK 950m vs SEK 550m in Q2 2023). Revenues fell by 1% in organic terms (css stable).The adjusted EBIT margin narrowed by ...
Underlying
EPIROC AB

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

Quentin Borie

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