Tools & Attachments
The Tools & Attachments Business Area offers leading and specialized products and solutions that support efficient operations across mining, infrastructure, and recycling. The offering includes rock drilling tools, ground support products, excavator attachments, ground engaging tools and digital technologies that improve safety and productivity. The major innovation and production sites are in Sweden, USA, India and South Africa. The Business Area also manages the global supply chain for spare parts and rock drilling tools.
Innovations
Mixed demand - strong mining and weak construction
Tools & Attachments achieved organic growth in every quarter despite mixed market conditions during 2025. The rock drilling tools business recorded solid order growth, supported by strong demand from mining, particularly in gold and copper. The attachments business, however, faced another challenging year as demand in construction remained weak. The year was marked by an inventory destocking phase among construction equipment distributors. By the third quarter, this destocking was described as “largely complete,” and by the fourth quarter, demand had stabilized at seasonally low levels.
Orders received
Orders received increased 4% to MSEK 15 252 (14 663). The organic increase was 3% and currency was negative -7%. Structure contributed with 8%.
Revenues
Revenues increased 1% to MSEK 14 788 (14 640), corresponding to an organic increase of 1%. Currency contributed negatively with -7%, while structure contributed with 7%. The book-to-bill ratio was 103% (100).
| Sales bridge | Orders received | Revenues |
|---|---|---|
| MSEK, Δ,% | MSEK, Δ,% | |
| 2024 | 14 663 | 14 640 |
| Organic | 3 | 1 |
| Currency | -7 | -7 |
| Structure/other | 8 | 7 |
| Total | 4 | 1 |
| 2025 | 15 252 | 14 788 |
Operating profit and margin
Operating profit increased 32% to MSEK 1 810 (1 373). This included items affecting comparability of MSEK 0 (-290), including an insurance settlement gain for the Stanley acquisition and costs for closure of the manufacturing site in Langley, Canada. The items affecting comparability in the previous year included transaction and integration costs for acquisitions of MSEK -255 and restructuring costs of MSEK -35. The operating margin was 12.2% (9.4) and the adjusted operating margin was 12.2% (11.4). The margin was negatively impacted by tariffs, while supported by efficiency measures taken. The dilution from acquisitions was -0.7 percentage points.
| Profit bridge | Operating profit | |
|---|---|---|
| MSEK, Δ | Margin, Δ, pp | |
| 2024 | 1 373 | 9.4 |
| Organic | 227 | 1.5 |
| Currency | -107 | 0.1 |
| Structure/other | 317 | 1.2 |
| Total | 437 | 2.8 |
| 2025 | 1 810 | 12.2 |
Acquisitions
Tools & Attachments completed no (three) acquisitions in 2025. See note 3.
Tools & Attachments Business Area management
Business Area President: José Manuel Sanchez
José Manuel has spent his whole career within the Group and is an appreciated leader. He has a strong track record driving profitable growth, most recently within surface drilling and exploration. José Manuel is a Spanish citizen born in 1963 and holds a M.Sc. in Mining from Universidad Politécnica de Madrid, Spain, as well as a Master of Marketing and Sales Management from Cerem International Business School, Spain. José Manuel is based in the USA.
Divisions within the Tools & Attachments Business Area
Epiroc operates in a decentralized way through divisions, all with global responsibility for their respective businesses. As per January 31, 2026, the Tools & Attachments Business area had the following two division presidents:
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