May 30, 2018
Stockholm, Sweden, May 30, 2018: Epiroc AB, the company that the Atlas Copco Group will dividend out to its shareholders next month, today hosts its first annual Capital Markets Day, in Örebro, Sweden. The event will present the trends and characteristics of Epiroc’s markets and businesses, and its strategy.
"It is very exciting that we will soon be listed on the stock exchange", said Per Lindberg, Epiroc’s President and CEO. "We are starting the journey as an independent company fully focused on providing innovative solutions that increase customers’ productivity, safety and energy efficiency."
In the first quarter 2018, Epiroc’s orders received increased organically by 21% and reached over SEK 10 billion. Epiroc confirms that it believes demand in the second quarter will remain on similar level as in the first quarter.
The Capital Markets Day includes presentations by Per Lindberg; Anders Lindén, Chief Financial Officer; Helena Hedblom, Senior Executive Vice President Mining and Infrastructure; and other members of management.
The presentations will include for example how Epiroc’s innovations and strategies in automation, digitalization, battery-operated equipment and aftermarket support help customers increase their productivity in a sustainable way. The program includes an exhibition of Epiroc’s products and services.
The Capital Markets Day will be webcasted live starting after 9.30 am CEST on www.epirocgroup.com/en/investors, and will also be available later for viewing.
Epiroc’s first day of trading on the Nasdaq Stockholm stock exchange is planned for June 18. For detailed information on the company, including the process to distribute the Epiroc shares to Atlas Copco shareholders, please see the prospectus that was published May 25, 2018, on www.epirocgroup.com.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers through its innovative compressors, vacuum solutions, generators, pumps, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2017, Atlas Copco (excluding Epiroc AB) had revenues of BSEK 86 (BEUR 9) and about 34 000 employees.
Epiroc is a leading productivity partner for the mining, infrastructure and natural resources industries. With cutting-edge technology, Epiroc develops and produces innovative drill rigs, rock excavation and construction equipment, and provides world-class service and consumables. The company was founded in Stockholm, Sweden, and has passionate people supporting and collaborating with customers in more than 150 countries. Learn more at www.epirocgroup.com.