Press releases

First quarter 2025Order intake increased 28 per cent to SEK 524 million (410); organic order growth was 28 per cent.Net sales increased 13 per cent to SEK 446 million (394); organic net sales growth was 14 per cent.Operating profit increased 40 per cent to SEK 84 million (60) and the operating margin was 18.8 per

The annual general meeting of engcon AB (”engcon” or the ”Company”) will be held on Thursday 15 May 2025 at 14.30 CEST at engcon Nordic’s production facility, Industricentragatan 4, SE-833 36 Strömsund, Sweden. Registration begins at 14.00 CEST. engcon will offer attending shareholders a guided tour of the production facility starting at 13.00 CEST. Pursuant

As previously announced by engcon AB (“engcon”), the tiltrotator manufacturer Rototilt Group AB (“Rototilt”) filed a lawsuit against engcon regarding alleged infringement of patented technology in June 2022. In May 2023, the Patent and Market Court announced a judgement in the case and determined that there was no patent infringement and Rototilt’s lawsuit was therefore

engcon’s Annual and Sustainability report for 2024 is as of today available. The Annual and Sustainability Report in Swedish as well as an English translation are available on www.engcongroup.com/investors/ in PDF format and as an attachment to this press release. The Swedish version is also available in European Single Electronic Format (ESEF).For more information, please

Fourth quarter 2024Order intake increased 22 per cent to SEK 506 million (414); organic order growth was 22 per cent.Net sales increased 27 per cent to SEK 393 million (308); organic net sales growth was 27 per cent.Operating profit increased 231 per cent to SEK 63 million (19) and the operating margin was 16.0 per

Third quarter 2024Order intake increased 6 per cent to SEK 367 million (347); organic order growth was 8 per cent.Net sales increased 5 per cent to SEK 412 million (391); organic net sales growth was 8 per cent.Operating profit increased 65 per cent to SEK 91 million (55) and the operating margin was 22.0 per

Second quarter 2024Order intake increased 27 per cent to SEK 433 million (341); organic order growth was 26 per cent.Net sales declined 11 per cent to SEK 450 million (508); organic net sales growth was -12 per cent.Operating profit declined 21 per cent to SEK 82 million (104) and the operating margin was 18.2 per

Today, on Thursday 2 May 2024, engcon AB held its annual general meeting of shareholders, at which the following main resolutions were adopted. Adoption of the balance sheets and income statementsThe general meeting resolved to adopt the balance sheet and the consolidated balance sheet as per 31 December 2023, as well as the income statement

First quarter 2024Order intake increased 1 per cent to SEK 410 million (408); organic order growth was 1 per cent.Net sales declined 43 per cent to SEK 394 million (691); organic net sales growth was -43 per cent.Operating profit declined 70 per cent to SEK 60 million (198) and the operating margin was 15.2 per

The annual general meeting of engcon AB (“engcon” or the “Company”) will be held on Thursday 2 May 2024 at 14.00 CEST at Folkets hus, Ramselevägen 6, Strömsund, Sweden. Registration begins at 13.30 CEST. Pursuant to the provisions in engcon’s articles of association, the board of directors has resolved that shareholders may also exercise their

engcon’s Annual and Sustainability report for 2023 is as of today available. The Annual and Sustainability Report in Swedish as well as an English translation are available on www.engcongroup.com/investors/ in PDF format and as an attachment to this press release. The Swedish version is also available in European Single Electronic Format (ESEF).For more information, please

Fourth quarter 2023Order intake declined 25 per cent to SEK 414 million (553); organic order growth was -26 per cent.Net sales declined 43 per cent to SEK 308 million (541); organic net sales growth was -43 per cent.Operating profit declined 84 per cent to SEK 19 million (121) and the operating margin was 6.2 per

engcon has recruited Marcus Asplund as the new CFO for the company. He will assume his position in August 2024 and will also join the company’s group management. Marcus will replace Jens Blom, who had previously announced his resignation as CFO.The new CFO, Marcus Asplund, brings nearly two decades of experience from Scania, where he

engcon, the leading global manufacturer of tiltrotators announces today that Jens Blom has decided to leave his position as Chief Financial Officer (CFO). Jens will remain in the company as an accounting and tax specialist. The recruitment process to appoint a new CFO will start immediately. Jens will remain in the role of CFO until

Third quarter 2023Order intake increased 7 per cent to SEK 347 million (324); organic order growth was 2 per cent.Net sales declined 6 per cent to SEK 391 million (416); organic net sales growth was -11 per cent.Operating profit declined 47 per cent to SEK 55 million (104) and the operating margin was 14.1 per

Second quarter 2023 Order intake declined -34 per cent to SEK 341 million (519); organic order growth was -38 per cent.Net sales declined -5 per cent to SEK 508 million (534); organic net sales growth was -10 per cent.Operating profit increased 5 per cent to SEK 104 million (99) and the operating margin was 20.5

Today, on Thursday 4 May 2023, engcon AB held its annual general meeting of shareholders, at which the following main resolutions were adopted. Adoption of the balance sheets and income statementsThe general meeting resolved to adopt the balance sheet and the consolidated balance sheet as per 31 December 2022, as well as the income statement

First quarter 2023Net sales increased 55 per cent to SEK 691 million (447); organic net sales growth was 48 per cent.Operating profit increased 118 per cent to SEK 198 million (91) and the operating margin was 28.7 per cent (20.4).Order intake declined -30 per cent to SEK 408 million (582); organic order growth was -33

The annual general meeting of engcon AB will be held on Thursday 4 May 2023 at 15.00 CEST at Folkets hus, Ramselevägen 6, Strömsund, Sweden. Registration begins at 14.00 CEST. Pursuant to the provisions in the articles of association of engcon, the board of directors has resolved that shareholders may also exercise their voting right

engcon’s Annual and Sustainability report for 2022 is as of today available. The Annual and Sustainability Report in Swedish as well as an English translation are available on www.engcongroup.com/investors/ in PDF format and as an attachment to this press release. The Swedish version is also available in European Single Electronic Format (ESEF).For more information, please

Fourth quarter 2022Order intake declined -29 per cent to SEK 553 million (774); organic order growth was -33 per cent.Net sales increased 46 per cent to SEK 541 million (370); organic net sales growth was 38 per cent.Operating profit increased 57 per cent to SEK 121 million (77) and the operating margin was 22.4 per

Third quarter 2022Order intake declined -5 per cent to SEK 324 million (341); organic order growth was -11 per cent.Net sales increased 16 per cent to SEK 416 million (359); organic net sales growth was 11 per cent.Operating profit increased 14 per cent to SEK 104 million (91) and the operating margin was 25 per

Second quarter 2022Order intake increased 20 per cent to SEK 519 million (431); organic order growth was 16 per cent.Net sales increased 35 per cent to SEK 534 million (395); organic net sales growth was 31 per cent.Operating profit increased 19 per cent to SEK 99 million (83) and the operating margin was 18.5 per

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE. engcon AB (“engcon” or the “Company”), the

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE. engcon AB (“engcon” or the “Company”), the

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE. engcon AB (“engcon” or the “Company”), the