Epiroc (EPI) Deutsche Bank ADR Virtual Investor Conference summary

Company overview and strategy

• Focuses on accelerating productivity and sustainability in mining and construction through technology and innovation.

• Two-thirds of revenue is recurring aftermarket, with global operations in over 150 countries and 19,000 employees.

• Mining accounts for 78% of exposure, with copper, gold, and iron ore as key commodities; construction is 22% but expected to grow.

• Strategy centers on innovation, aftermarket services, and operational excellence, targeting performance-critical niches.

• Strong culture and roots from Atlas Copco, emphasizing customer-centric solutions.

Innovation and technology trends

• Invests over 3% of revenue in R&D, mainly for equipment, with a focus on core technologies.

• Leads in automation, enabling up to 22% higher productivity and 40% lower costs per drill meter.

• Pioneering mixed fleet automation, automating over 3,450 driverless machines, including non-proprietary fleets.

• Electrification is a key trend, with 4.2% of group revenues from electrification-related products.

• Launched hybrid and electric vehicles, including the largest underground truck and major contracts for electric equipment.

Digitalization and safety

• Digital solutions help reduce mine evacuation times by up to 50% and increase production output by up to 8%.

• Offers advanced collision avoidance systems to enhance safety and reduce accidents.

• Emphasizes productivity and cost savings for customers through digital and automated solutions.