STOCKHOLM--(BUSINESS WIRE)-- Regulatory News:
(unaudited)
Good quarter despite softer market
- Orders received increased to MSEK 21 379, organic growth 1%
- Revenues up 7% to MSEK 22 094 (20 739), organic growth 6%
- Operating profit increased by 2% to MSEK 4 918 (4 800), corresponding to an operating margin of 22.3% (23.1)
- Includes items affecting comparability of MSEK +68 (+134). Adjusted operating margin was 22.0% (22.5) - Profit before tax amounted to MSEK 4 734 (4 703)
- Profit for the period was MSEK 3 486 (3 601)
- Basic earnings per share were SEK 2.87 (2.96)
- Operating cash flow at MSEK 4 611 (2 125)
- Including divestment of customer financing assets of approx. MSEK 1 400
Near-term demand outlook
The overall demand for Atlas Copco’s products and services is expected to decrease somewhat.
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
Atlas Copco (STO:ATCOA)(STO:ATCOB) is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2011, Atlas Copco had 37 500 employees and revenues of BSEK 81 (BEUR 9). Learn more at www.atlascopco.com.
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Source: Atlas Copco