contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


engcon-publicerar-ars-och-hallbarhetsredovisning-for-2025

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

engcon operates in the industrial sector. The company specializes in the manufacture of tiltrotators and associated attachments for excavators, with solutions such as hydraulic tools, quick couplers and control systems. The company's customers consist of machine contractors and construction operators, and the business is global through its own sales companies and dealers. engcon was founded in 1990 and is headquartered in Strömsund, Sweden.

I’ve been eagerly following Engcon’s stock performance, but the company is still expensive. Especially since profitability (gross margins, ROCE) has been trending in the wrong direction in recent years. One can ponder these things for a while through “product mixes” and what not, but I wonder if there’s some structural pressure here. Even though the market is competed by a certain group, there is still competition.  The company’s NOPAT is roughly ~260 MSEK. Enterprise value is 8.8 billion. EV/NOPAT 34x.  Forward P/E with analyst estimates is 27x. As written in the thread, there is considerable potential here, but it’s still a bit too expensive for my taste.

Alright, Q4 results are out Revenue beat, operating profit missed.

Results today Q4 expectations FactSet Revenue 470.6 EBIT 86.7  Full year Revenue 1871 EBIT 340  If you compare those full-year expectations to the Jan-Sep actuals of 1,441, consensus is expecting around 430 in revenue for Q4  and with EBIT at 248 for the same period, the expectation there is 92. Edit: Looks like 2026 forecasts slipped into the full-year figures; figures updated. In any case, consensus is expecting strong growth for this year.

As someone working in the landscaping industry, mini-excavators and the larger machines used by partners are close to my heart. Previous commenters have already voiced my thoughts on the product itself. It is a high-quality product that improves productivity and has a solid dealership and aftermarket network. In today’s digital world, I would imagine that the sale of heavy machinery and related accessories and attachments is still a fairly personalized business, meaning that a close connection to a familiar person or firm is important; I would expect customer retention to be high, with the possible exception of the largest companies. Then I wonder why tiltrotators don’t catch on as easily in developing markets or, for instance, in the USA/Canada sector—pure guesswork, but perhaps the work there is more focused on mining, heavy earthmoving, etc., and manual labor for finishing work is readily available at lower wages than here in the Nordics. I am happy to be proven wrong and to see tiltrotators become more common worldwide; my own experience with the necessity of the aforementioned invention comes from, for example, cramped yards where you should be able to finish the job from one spot, but the bucket’s lack of rotation forces you to find new positions for the machine itself, whereas with a tiltrotator, you could optimize the machine in one location and finish the job from there. I am not, however, an earthmoving professional, and my experience is limited to mini-excavators rented during peak seasons.

Kuokkavieras analyzed those very things just a few messages ago.  Indeed they did, already back in November, and they were apparently very much on top of industry developments. Regardless, I linked this fresh article about the same company.

Off the top of my head, if you’re scooping something a bit coarser/stonier, a rock slipping against the cylinder will break it. Oil spills out or the piston bends, etc. Even a small hit when digging in a tight spot damages the mechanism. It also occurs to me that a cylinderless design is generally stronger. These thoughts came to mind while digging—my nose, that is.

Kuokkavieras analyzed those very points just a few messages ago. I was also referring to that same article. To me, it felt more like an advertisement than a magazine article. But it’s difficult to evaluate the devices when you have no practical experience. There are surely pros and cons to each of the different technologies.

engcon

engcons års- och hållbarhetsredovisning för 2025 är från och med idag tillgänglig.Års- och hållbarhetsredovisningen på svenska liksom en engelsk översättning finns tillgänglig på www.engcongroup...

<div class="mfn-preamble"><p><strong>engcons års- och hållbarhetsredovisning för 2025 är från och med idag tillgänglig.</strong></p></div><div class="mfn-body"><p>Års- och hållbarhetsredovisningen på svenska liksom en engelsk översättning finns tillgänglig på <a href="http://www.engcongroup.com/se/investerare/rapporter-och-presentationer/" rel="noopener">www.engcongroup.com/se/investerare/rapporter-och-presentationer/</a> i PDF-format och som bilaga till detta pressmeddelande. Den svenska versionen finns även tillgänglig i European Single Electronic Format (ESEF).</p><p><strong>För mer information, vänligen kontakta:</strong><br>Anne Vågström, Head of Investor Relations<br><a href="mailto:anne.vagstrom@engcon.se" rel="noopener">anne.vagstrom@engcon.se</a><br>+46 76 126 40 84</p><p>Krister Blomgren, CEO<br><a href="mailto:krister.blomgren@engcon.com" rel="noopener">krister.blomgren@engcon.com</a><br>+46&nbsp;70&nbsp;529 92 65</p><p><strong>engcon</strong> är den ledande globala leverantören av tiltrotatorer och tillhörande redskap som ökar grävmaskiners effektivitet, flexibilitet, lönsamhet, säkerhet och hållbarhet. Med kunskap, engagemang och hög servicenivå skapar engcons omkring 450 medarbetare framgång för sina kunder. engcon grundades 1990, med huvudkontor i Strömsund, Sverige och möter marknaden via 15 lokala säljbolag och ett etablerat nätverk av återförsäljare runt om i världen. Nettoomsättningen uppgick till cirka 1,9 miljarder SEK under 2025. engcons B-aktie är noterad på Nasdaq Stockholm.</p><p>För mer information, besök <a href="http://www.engcongroup.com" rel="noopener">www.engcongroup.com</a></p></div><div class="mfn-footer mfn-regulatory mfn-regulatory-vpml"><p><em>Denna information är sådan information som engcon AB är skyldigt att offentliggöra enligt lagen om värdepappersmarknaden. Informationen lämnades, genom ovanstående kontaktpersoners försorg, för offentliggörande den 2026-03-27 13:00 CET.</em></p></div><div class="mfn-footer mfn-attachment mfn-attachment-image"><p><strong class="mfn-heading-1">Bifogade bilder</strong><br><a href="https://storage.mfn.se/2e9243b1-f48d-4b8c-b14e-1901a09d97a8/engcon-arsredovisning-2025-image.jpg" rel="noopener">engcon Årsredovisning 2025 image</a></p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Bifogade filer</strong><br><a class="mfn-primary" href="https://storage.mfn.se/224318d6-cc23-47a5-a594-3a962e176dd3/engcon-ab-ars-och-hallbarhetsredovisning-2025.pdf" rel="noopener">engcon AB Års- och hållbarhetsredovisning 2025</a><br><a href="https://storage.mfn.se/e47c9140-8f42-4dc3-b72c-9bb37afe7a71/engcon-ab-ars-och-hallbarhetsredovisning-2025-esef.zip" rel="noopener">engcon AB Års- och hållbarhetsredovisning 2025 (ESEF)</a></p></div>