Epiroc AB stock (SE0015658109): Capital Markets Day targets and fresh order fuel investor interest

Epiroc AB sharpened its long-term growth ambitions at a recent Capital Markets Day and has since reported a new equipment order from Heidelberg Materials, putting the mining-equipment specialist in focus for global and US investors.

Epiroc AB has moved back into the spotlight after outlining ambitious long-term growth targets at a recent Capital Markets Day in Örebro and securing a new order from Heidelberg Materials for mining and infrastructure equipment, according to coverage by MarketScreener and MiningMetalNews in June 2026.MarketScreener as of 06/10/2026MiningMetalNews as of 06/10/2026

At the event, Epiroc’s management presented a goal to increase annual revenue to around SEK 100 billion by 2031, highlighting automation, electrification and digital solutions as key growth pillars in mining and infrastructure markets.MarketScreener as of 06/10/2026

As of: 10.06.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Epiroc A
• Sector/industry: Mining and infrastructure equipment
• Headquarters/country: Sweden
• Core markets: Global mining and infrastructure customers
• Key revenue drivers: Underground and surface equipment, services, automation and digital solutions
• Home exchange/listing venue: Nasdaq Stockholm (Class A shares)
• Trading currency: SEK

Epiroc AB: core business model

Epiroc AB develops, manufactures and services equipment used in mining, quarrying, tunneling and other infrastructure projects worldwide, building on a long heritage in rock drilling and excavation technology.MarketScreener as of 06/10/2026

The group’s portfolio includes underground and surface drill rigs, loaders, trucks, rock reinforcement systems and related tools, as well as a broad aftermarket and service offering designed to support equipment throughout its lifecycle.MarketScreener as of 06/10/2026

Epiroc positions itself as a productivity and sustainability partner to mining and infrastructure customers, focusing on solutions that can reduce energy consumption, enable automation and improve safety in challenging underground and surface environments.MiningMetalNews as of 06/10/2026

Main revenue and product drivers for Epiroc AB

According to company and market data, the largest part of Epiroc’s revenue is generated from equipment and related services for excavation, construction and demolition, including drill rigs, loaders, trucks and rock drilling tools used in mines and large infrastructure projects.MarketScreener as of 06/10/2026

The aftermarket segment, which comprises maintenance, spare parts, upgrades and performance contracts, is a structurally important revenue driver, providing recurring income and helping to smooth out the cyclicality typically seen in new equipment orders for mining and construction fleets.MarketScreener as of 06/10/2026

New technology offerings, such as battery-electric vehicles, autonomous drill rigs and digital monitoring platforms, add an additional layer of potential growth, as miners and infrastructure operators increasingly look for ways to cut emissions and improve productivity in line with stricter ESG requirements.MiningMetalNews as of 06/10/2026

Capital Markets Day: long-term growth ambitions

During its recent Capital Markets Day in Örebro, Epiroc presented a long-term ambition to lift annual revenue to SEK 100 billion by 2031, compared with current levels that are substantially lower, signaling a focus on both organic growth and potential bolt-on acquisitions.MarketScreener as of 06/10/2026

The company emphasized demand trends in automation, digitalization and electrification as key structural drivers underpinning this target, as miners invest in more advanced fleets and infrastructure developers increasingly adopt modern equipment to manage labor and safety challenges.MarketScreener as of 06/10/2026

Following the event, at least one Nordic bank reaffirmed a neutral stance on the stock, indicating that some analysts see the updated revenue ambition as credible but already reflected in valuation metrics based on their models.MarketScreener as of 06/10/2026

New order from Heidelberg Materials

In parallel with the strategic messages from the Capital Markets Day, Epiroc reported a recent order from Heidelberg Materials to deliver equipment and services that support quarrying and infrastructure-related operations, according to trade-press coverage.MiningMetalNews as of 06/10/2026

The order underscores the importance of large, financially robust industrial customers for Epiroc’s project pipeline and highlights how the company’s offering connects into broader construction-materials supply chains that support infrastructure and building activity in multiple regions.MiningMetalNews as of 06/10/2026

While exact financial details of the Heidelberg Materials order were not highlighted in the secondary reporting, such contracts typically add to Epiroc’s backlog and can support utilization rates in manufacturing plants as well as long-term service revenue potential after commissioning.MiningMetalNews as of 06/10/2026

Why Epiroc AB matters for US investors

For US-based investors, Epiroc offers exposure to global mining capital expenditure, which is driven in part by demand for commodities tied to energy transition themes such as copper, nickel and battery metals that are critical for electric vehicles and renewable power infrastructure.MarketScreener as of 06/10/2026

Epiroc’s equipment is used at mines and quarries that supply raw materials to industrial and construction customers across North America, meaning the company’s performance can be indirectly linked to US industrial production and infrastructure spending cycles.MiningMetalNews as of 06/10/2026

In addition, some US and global funds seeking diversified industrial exposure might track Epiroc among listed European machinery and equipment peers, comparing its valuation metrics and growth profile to manufacturers of heavy equipment and automation solutions listed in the United States.Investing.com as of 06/10/2026

Conclusion

Epiroc AB is currently drawing attention with its SEK 100 billion revenue ambition for 2031 and a new order from Heidelberg Materials, underlining both strategic confidence and ongoing customer demand in mining and infrastructure markets. The stock remains tied to cyclical capital spending trends, but its focus on automation, electrification and services may offer resilience relative to purely equipment-driven peers, while US investors may view the name as a European industrial play linked to global commodity and infrastructure cycles.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.