Engcon AB
STO:ENGCON B
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Gross Margin
Engcon AB
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | SE |
Market Cap | 15.5B SEK |
Gross Margin |
44%
|
Country | US |
Market Cap | 175.6B USD |
Gross Margin |
38%
|
Country | US |
Market Cap | 54.5B USD |
Gross Margin |
23%
|
Country | SE |
Market Cap | 541.3B SEK |
Gross Margin |
27%
|
Country | US |
Market Cap | 48.2B USD |
Gross Margin |
25%
|
Country | US |
Market Cap | 32.9B USD |
Gross Margin |
33%
|
Country | CN |
Market Cap | 240.5B CNY |
Gross Margin |
21%
|
Country | DE |
Market Cap | 28.7B EUR |
Gross Margin |
21%
|
Country | JP |
Market Cap | 3.9T JPY |
Gross Margin |
31%
|
Country | JP |
Market Cap | 3.6T JPY |
Gross Margin |
24%
|
Country | CN |
Market Cap | 161.5B CNY |
Gross Margin |
9%
|
Engcon AB
Glance View
Engcon AB, nestled in the heart of Strömsund, Sweden, is a remarkable success story in the realm of construction machinery innovation. Founded in 1990 by the visionary Stig Engström, Engcon has transformed the construction industry with its pioneering tiltrotator systems. The company capitalized on a unique market niche, recognizing the potential of enhancing the versatility and efficiency of excavators. By enabling the attachment to rotate and tilt, these systems empower operators to perform complex maneuvers without changing the machine's position. This innovation has drastically improved productivity and safety on construction sites across the globe, establishing Engcon as an indispensable partner for construction firms. Engcon’s business model thrives on the simple yet powerful notion of continuous improvement and customer-centric innovation. The company generates revenue primarily from the design, manufacturing, and sale of its signature tiltrotator systems, but it also offers complementary services such as training and technical support. Its success is rooted in maintaining strong relationships with dealers and engaging directly with end-users to refine and expand its product offerings. Engcon’s unwavering commitment to quality and customer satisfaction has built a loyal client base and propelled the company to become one of the leading manufacturers in its field. Its global expansion strategy underscores the company's vision to revolutionize excavator efficiency and function, influencing construction methodologies worldwide.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Engcon AB's most recent financial statements, the company has Gross Margin of 43.6%.