Clearly on the expectations of Epiroc

Adjusted operating profit amounted to SEK 1 991 million. Here, 1,781 were expected

The net turnover amounted to 9,843 million SEK, against 9,033 million expected. Order intake amounted to SEK 10 483 million, compared with the expected 10 087 million.

Epiroc estimates that "demand continues to be good at the beginning of the third quarter". He writes the CEO of Per Lindberg in the second quarter report, the first since dismantling and which, unlike Atlas Copco, lacks an explicit perspective.

Epiroc believes that interest in automation and battery-powered equipment remains strong. This has been demonstrated in particular by the initiative of LKAB, the largest iron ore producer of Europe, to establish a technological partnership with the ambition to establish a new standard for sustainable mining with self-contained, digitized and carbon-free equipment.

Epiroc is a cooperation partner.

"I think this initiative is a sign of the transformation that our customers have begun, but it is important to remember that this conversion takes time and significant development efforts." Per Lindberg

"An example of this is a smart ventilation system that automatically optimizes air quality, airflow and energy consumption and significantly reduces energy consumption and ventilation costs. Epiroc increased its equipment deliveries in the second quarter compared to the first quarter.

"We continued to expand our capabilities, including increasing end-to-end installation at sub-contractors to maintain our ability to adapt and profitability. Despite the progress, we need to take further steps to adapt our capacity to the current demand, "says CEO Per Lindberg in his interim report.

According to the boss of Epiroc, the increase in volumes helped to improve the underlying operating margin. Equipment and services sector. However, the development of the Tools and Accessories sector has been less satisfactory and measures are underway.

"The increase in working capital during the quarter had a negative impact on our cash flow, with most of the increase attributable to accounts receivable and inventories due to our growth. continues, but we also consider long-term inefficiencies through our ongoing program of supply chain improvement, "says Per Lindberg.