Press releases

Today, Nasdaq announced that engcon will be moved to Nasdaq Stockholm’s Large Cap segment. The move will take place on January 2, 2025. The move to Large Cap is based on the average market capitalization in November 2024. On Nasdaq Stockholm’s Large Cap, companies with a market value of EUR 1 billion or more are

The CEO of engcon, Krister Blomgren, has today sold 300,000 shares in engcon AB. On December 16, engcon’s CEO sold 300,000 shares in engcon at a price of SEK 107.20 per share. After the transaction, Krister Blomgren owns 959,400 shares in engcon AB.”I have sold part of my shares in engcon for personal financial reasons.

engcon, the world’s leading manufacturer of tiltrotators, is expanding its global presence by establishing a new sales company in Japan. This is a strategic move to strengthen engcon’s position in the Asian market and thus meet the growing demand for innovative solutions in the excavator industry. Japan is a large excavator market, with around 60,000

As a further step in its sustainability journey, engcon, the leading global manufacturer of tiltrotators, has officially joined the United Nations Global Compact Initiative. engcon is proud to announce that it has officially joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. The UN Global Compact invites companies to align their operations

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

engcon will publish its interim report for the third quarter 2024 on Tuesday 29 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 Marcus Asplund, CFO. The presentation will be held in English

The members of the Nomination Committee for engcon AB’s Annual General Meeting in 2025 have now been appointed based on the shareholdings as of 31 August 2024. The Annual General Meeting in 2023 adopted instructions for the Nomination Committee’s composition and work within engcon. The Nomination Committee shall include members selected by each of the

engcon, the leading global manufacturer of tiltrotators, has once again been recognized with an award. This time, it is the Carnegie Sustainability Award 2024 in the category of Best Newcomer. “We are proud to receive this award, sustainability is the driving force for our long-term growth and this is a further proof that we are

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

engcon will publish its interim report for the second quarter 2024 on Friday 19 July, 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, the leading global manufacturer of tiltrotators, is strengthening its Group management by creating a new role of Chief Operating Officer (COO). The change is being made to create better conditions for future expansion. The position will be filled by engcon’s former Head of Sales Anders Smith, who is returning to the company. “The establishment

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

engcon will publish its interim report for the first quarter 2024 on Friday 26 April, 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

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

On April 24–27th, it’s time for the year’s biggest trade show for sustainable construction solutions and technologies, Intermat, in Paris, France. The focus for engcon will be its 3rd generation tiltrotator which is now available for sale. At engcon’s stand, there will be four different excavators demonstrating the advantages of a tiltrotator equipped excavator. In

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 will publish its interim report for the fourth quarter 2023 on Wednesday 21 February, 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. The presentation will be held in English and will be followed

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