Press releases

engcon, the world’s leading manufacturer of tiltrotators, is strengthening its local presence in Norway by establishing its own sales company outside Oslo. Growth opportunities in the Norwegian market are considered good and a local presence builds valuable relationships with end costumers. engcon has operate in the Norwegian market since 1995. The establishment of its own

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

engcon, the leading global manufacturer of tiltrotators, quick hitches and accessories for excavators are happy to announce the introduction of the engcon Ready option for the Doosan DX225LC-7X series of excavators. The option is the result from an ongoing collaboration between Doosan and engcon with the aim to provide an integrated solution between tiltrotator control

The members of the Nomination Committee for engcon AB’s Annual General Meeting in 2023 have now been appointed based on the shareholdings as of 31 August 2022. The Annual General Meeting in 2022 adopted instructions for the Nomination Committee’s composition and work within engcon. The Nomination Committee shall include members selected by each of the

engcon will publish its interim report for the third quarter 2022 on Thursday 27 October, at approximately 08:00 a.m. CEST. A webcasted conference call will be held at 11:00 a.m. CEST on the same day. The report will be presented by Krister Blomgren, CEO, and Jens Blom, CFO. The presentation will be held in English

engcon will be exhibiting at Bauma, the world-leading exhibition for the construction industry, which will take place between 24-30 October in Munich, Germany. Bauma is a major international venue with visitors from all over the world. The company’s focus will be the third generation tiltrotator system that meets the contractors’ more stringent requirements for efficiency,

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

engcon will publish its interim report for the second quarter 2022 on Tuesday 23 August, at approximately 08:00 a.m. CEST. A webcasted conference call will be held at 10:00 a.m. CEST on the same day. The report will be presented by Krister Blomgren, CEO, and Jens Blom, CFO. The presentation will be held in English

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. Nordea Bank Abp, filial i Sverige (“Nordea”)

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

engcon AB (”engcon” or the “Company”), the world’s leading manufacturer of tiltrotators with a global market share of around 45 per cent, has noted that one of the Company’s competitors, Rototilt, today announced that Rotatilt has filed a lawsuit against the Company with the Swedish Patent and Market Court regarding alleged infringements of patented technology.

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

engcon, the leading global manufacturer of tiltrotators, quick hitches and accessories for excavators, will launch its third product generation in 2022. To meet future demands, the new tiltrotator system is taking progressive steps towards sustainability, applying smart technology to reduce energy consumption and is adapted ready for the electrification of excavators. The integrated and user-adapted