engcon AB/Skr ENGCON B

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About engcon AB

Engcon AB is a company operating in the construction equipment industry, specializing in the manufacturing and distribution of tiltrotators, quick couplers, and other related accessories for excavators. These products aim to enhance the efficiency and flexibility of excavating machines. Founded in 1990, the company is headquartered in Strömsund, Sweden, and serves a global market. Engcon's strategic positioning is bolstered by its focus on innovative engineering solutions that improve productivity and safety for construction operations. The company's comprehensive range of products supports a wide array of applications in the civil engineering and construction sectors.
Ticker
Skr ENGCON B
Primary listing
XSTO
Employees
-
Headquarters
Strömsund, Sweden

engcon AB Metrics

BasicAdvanced
kr 11B
44.81
kr 1.63
0.59
kr 1.00
1.37%

Bulls say / Bears say

Engcon’s underlying momentum was strong in Q2: organic sales grew 13%, organic order intake grew 10%, adjusted EBIT increased 22% and profit rose 18%. This shows that demand and earnings are recovering despite a SEK 13 million restructuring charge. (engcon)
Europe offers a sizeable expansion runway because tiltrotator penetration remains low. Engcon’s new exclusive distribution agreement in Germany, Austria and Switzerland could speed adoption in Europe’s largest excavator market. (engcon, engcon)
The company is investing ahead of expected European demand by adding logistics capacity in Poland and production space in Sweden. Management says the existing facilities could support roughly three times current production with moderate investment, reducing the risk that capacity limits future growth. (engcon, engcon)
Profitability remains below management’s 20% operating-margin target: reported EBIT margin was 15.7% in Q1 and 17.2% in Q2. Q2 gross margin also fell to 38.4%, hit by product mix, competition and currency effects. (engcon, engcon)
The international growth story is uneven. US order intake fell organically by 12% in Q1 amid tariffs and market uncertainty, while management expects the Americas and Asia-Oceania to remain flat or volatile for the next two years. (engcon, Seeking Alpha)
Order intake rose 8% in Q2, behind the 12% increase in sales, which gives less support for near-term revenue visibility. Berenberg said consensus order-intake forecasts looked too optimistic and cut its price target after the report. (engcon, MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.

Funds containing engcon AB

AllEURGBP
Funds
Fund name
Fund size
Skr ENGCON B weighting
Xtrackers MSCI Europe Small Cap€DX2J
€3.2B0.02%
Xtrackers MSCI Europe Small Cap£XXSC
£2.8B0.02%
SPDR MSCI All Country World IM€SPYI
€7.5B0.00%
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Market data provided by CBOE Europe and Deutsche Börse.