Report
Delphine Brault ...
  • Quentin Borie

Epiroc : Mixed Q3 results with good order level but margin below expectations

>Q3 2024: strong orders (+6%) but margin still below consensus (19.7% vs 20%) - Epiroc reported this morning, its Q3 2024 results which slightly beat expectations on order intake but fell some way short on adjusted EBIT (3%).Order intake came in 6% higher in organic terms (consensus at 4.2%), underpinned by large orders (SEK 1,400m vs SEK 1,000m in Q3 2023) with E&S up 9% (including +11% for Equipment only) and T&A flat (supported by the demand for ground engagin...
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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