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Trades about 57% above its sector, the market expects faster growth.
engcon AB (publ), founded in 1990 and headquartered in Strömsund, Sweden, is a manufacturer and global supplier of tiltrotators, along with a broad spectrum of related tools and systems for excavators. The company's core offering revolves around its tiltrotators, complemented by a range of essential accessories. This includes quick couplers and the innovative EC-Oil system, designed to minimize oil spillage and significantly reduce the time needed to change equipment. Engcon also provides sophisticated control and safety solutions such as the Q-Safe control locking system, which standardizes quick coupler operations, and the customizable MIG2 joystick. Their DC2 control system allows for precise management of tiltrotators, excavator ground movements, and boom swing. Additional offerings in this category encompass various locking systems, positioning systems, and crucial warning light and sound modules. Beyond these, engcon supplies a diverse array of hydraulic tools, including pallet forks, timber and combi grabs, ground compactors, sweeper rollers, stone and sorting grabs, and detachable grippers and sweepers. The mechanical tool range features grading beams, tarmac cutters, deep-digging buckets, additional pallet forks, cable and grading buckets, rippers, water/sewerage buckets, and riddle buckets. Operating internationally, engcon has a significant presence in countries like Sweden, Denmark, Norway, Finland, North and South America, Japan, South Korea, Australia, and New Zealand. Its products are widely applied across various sectors, including pipelines, road construction, water and sewerage infrastructure, railway development, electrical works, telecom and broadband installations, as well as general construction sites and landscaping projects.
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