Jan 30 (Reuters) - Swedish mining equipment maker Epiroc (EPIRa.ST) , opens new tab on Thursday reported a fourth-quarter operating profit that beat market expectations and said it expects underlying mining demand to remain at a high level in the near term.

Mining customer demand remained high, while construction customer demand stayed weak, Epiroc said in a statement, adding that construction demand is expected to remain weak in the near term.

The company's shares fell 0.8% in choppy trading, after initially rising 2.7% following the results.

Epiroc reported quarterly operating profit of 3.43 billion Swedish crowns ($311.58 million), compared to 3.35 billion crowns a year earlier. Analysts, on average, expected 3.34 billion crowns profit, according to data compiled by LSEG.

Supply chain bottlenecks and high costs have weighed on the mining and construction sectors for several quarters, but Epiroc's order levels have remained stable.

Epiroc, maker of drill rigs, rock excavation and construction equipment among others, said its fourth-quarter order intake increased 12% to 16.2 billion crowns, with organic increase of 5%.

($1 = 11.0085 Swedish crowns)

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https://www.reuters.com/markets/commodities/epiroc-beats-operating-profit-expectations-q4-2025-01-30/