Epiroc Q2 Sales Rise 22%

Aug. 4, 2022

Epiroc sales increased 22 percent in the second quarter of 2022, with organic growth of 9 percent. The company said orders received grew 21 percent.

Profit for the company increased 9 percent in the quarter at a margin of 20 percent.

The company continues to face higher input costs and supply chain challenges.

The company also announced the acquisition of RNP Mexico, based in San Luis Potosi state with branches in Chile and Peru. It manufactures rock drills and related spare parts.

Source: Epiroc