Annual and Sustainability Report 2025
Value-creating strategyCEO comment
2025 was a year when the future of mining and construction moved decisively from ambition to reality. In a world marked by geopolitical uncertainty, currency headwinds and mixed market conditions, Epiroc again demonstrated that our focus on safety, productivity and sustainability is not only strategically right, but also commercially strong and resilient. For the year, we delivered 7% organic order growth, stable profitability and strong cash flow, a clear evidence that our business model remains robust despite a volatile external environment.
Safety first
A large part of our work is centered around safety. It is about how we at Epiroc operate in the safest possible way, and how we develop products and solutions that enhance safety for our customers. We have much to be proud of. We continued to improve our internal safety metrics, and we reinforced our position as a leader in digital safety solutions for the mining industry.
Leading productivity and sustainability partner
With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment as well as tools for surface and underground hard-rock applications. We also offer world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Our role is to ensure that our customers within mining and infrastructure can work in the safest, most environmentally friendly, and efficient way possible.
2025 in brief
Orders received +1%
MSEK 62 974 (62 213)
+ 7 % organic
Revenues -3%
MSEK 61 998 (63 604)
+ 2 % organic
Operating profit, EBIT, %
MSEK 11 925 (12 385)
19.2 % (19.5)
Dividend (proposed)
SEK/share
3.80 (3.80)
Return on capital employed
18.9 % (20.6)
Operating cash flow
MSEK 7 726 (9 132)
- 15 %
Saving lives
Number of Epiroc CAS 9 installed, the markets' highest level of collision avoidance system
100 +
Automation leadership
3 900 (3 450) driverless machines, including mixed fleet
+ 13 %
Planet achievements
Transition plan approved.
CO2e emission from machines sold
- 5 %
In the picture: The Minetruck MT66 S eDrive builds on the legacy of the MT65, the most sold, highest-payload truck in its segment, now upgraded with a powerful electric drivetrain and Epiroc’s strongest engine yet. It combines the cost-effectiveness of a traditional mine truck with the productivity of an electric one, without requiring change to a mine’s infrastructure. Customers enjoy up to 15% boost in productivity due to higher speed (+11% up ramp) and increased payload capacity. It also reduces fuel consumption by up to 7%.
Our value-creating strategy is also our investment case
Investment case part 2 - Attractive niches
We focus on attractive niches with structural growth
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Investment case part 3 - Innovation
We accelerate the productivity and sustainability transformation in our industry
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Investment case part 6 - Sustainability and a strong corporate culture
Our success is based on sustainability and a strong corporate culture
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