Epiroc AB (OTCPK:EPIAF)

$ 18.432 -0.31 (-1.65%) Market Cap: 21.93 Bil Enterprise Value: 22.98 Bil PE Ratio: 26.71 PB Ratio: 6.14 GF Score: 88/100

Q2 2022 Epiroc AB Earnings Call Transcript

Jul 20, 2022 / 11:00AM GMT

Release Date Price: $15.88 (-2.24%)

Transcript

Karin Larsson;publ;VP of IR;Head of IR

Epiroc AB

()-&

Hello, everyone, and a warm welcome to the Epiroc Q2 results presentation. My name is Karin Larsson, and I'm Head of Investor Relations here at Epiroc. And with me today, I have our CEO, Helena Hedblom; and our CFO, Hakan Folin. They will briefly present the results before we do the Q&A, and it's possible to listen to the presentation and the Q&A session in the webcast, but the questions will be handled over the phone as normal. Helena, please, the stage is yours.

Helena Hedblom;publ;CEO

Epiroc AB;President & Director

()- -

Thank you so much, Karin. So I will start with some highlights. The demand and the customer activity remained high and orders received increased 21% to SEK 13.4 billion. There was a large impact from Russia, both year-on-year and sequentially, including an effect from order cancellations. If we exclude Russia from the comparison, the organic growth was 18% year-on-year. We won 5 large

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