Relatórios Trimestrais e Anuais do Grupo Drillcon

RELATÓRIO DRILLCON Q3

Increased volume - Delivering immediate results

At the end of the quarter, vertical drilling operations resumed following a customer-initiated suspension in Iberia. Together with the start-up of two new contracts, production volumes are now showing signs of a cautious recovery.

During the quarter, we took additional steps to strengthen customer proximity and establish the foundation for sustainable, profitable growth. As part of this effort, a reorganization was implemented within the Nordics segment, effective September 1. A new Managing Director assumed the role, while the position of Production Manager was phased out. The business was reorganized into two business areas; Mining and Infrastructure and overhead was reduced by two positions. This change enhances operational flexibility, shortens decision-making processes, and moves accountability closer to the customer, creating stronger conditions for business development and deeper customer relationships. A similar evaluation has now been initiated in Iberia to streamline decision-making across the organization.

New Customers and Contracts

During the year, we have signed agreements with three new customers, two of which are in Iberia. This is fully aligned with our strategy to broaden the customer portfolio within our existing markets. In parallel, active business development efforts are underway to identify new opportunities within the mining segment in Central Europe, where Drillcon is not yet active.

Strategic Initiatives and Adaptability

An independent study by EY highlights that decision-makers in the mining sector are increasingly focused on managing rising operational complexity. Meeting these challenges requires a stronger emphasis on innovation and flexibility in both processes and technology. As existing mines age and new ones are established, the demands for cost control and productivity continue to grow. Drillcon’s deep operational presence enables us to quickly identify challenges and propose solutions that enhance productivity, safety, and cost efficiency. Through continuous dialogue and a strong focus on innovation, we help future-proof mining operations together with our customers.

Short-Term Outlook

Customer investment activity is expected to remain stable, with demand anticipated increasing slightly in the coming quarter. Our current focus is on realizing the full benefits of the recently implemented reorganization and further strengthening our market position to capture new business opportunities.

Patrik Rylander - CEO