engcon

As previously announced by engcon AB ("engcon"), the tiltrotator manufacturer Rototilt Group AB ("Rototilt") filed a lawsuit against engcon regarding alleged infringement of patented technology in June 2022. In May 2023, the Patent and Market Court announced a judgement in the case and determined that there was no patent infringement and Rototilt’s lawsuit was therefore dismissed. The judgement was appealed to the Patent and Market Court of Appeal, which today announced its judgement in the case. The Patent and Market Court of Appeal, similar to the Patent and Market Court, determines that there is no patent infringement by engcon, and Rototilt’s lawsuit is therefore dismissed.

Pursuant to the judgement, it may not be appealed.

For more information, please contact:
Krister Blomgren, CEO
krister.blomgren@engcon.com
+46 70 529 92 65

Anne Vågström, Head of Investor Relations
anne.vagstrom@engcon.se
+46 76 126 40 84

engcon is the leading global supplier of tiltrotators and associated equipment that enhance efficiency, flexibility, profitability, safety and sustainability of excavators. With knowledge, commitment and a high level of service, engcon's about 400 employees create success for their customers. engcon was founded in 1990, headquartered in Strömsund, Sweden and address the market through 15 local sales companies and an established network of resellers around the world. Net sales amounted to approximately SEK 1.6 billion in 2024. engcon’s B share is listed on Nasdaq Stockholm.

For more information, visit www.engcongroup.com