Atlas Copco Group

Atlas Copco Group

3y

First-quarter report 2023 Record order intake, solid revenues and profitability Orders received increased 18% to MSEK 47 707 (40 379), organic growth of 5% Revenues increased 32% to MSEK 39 861 (30 086), organic growth of 18% Operating profit reached MSEK 8 699 (6 749), corresponding to a margin of 21.8% (22.4) Adjusted operating profit, excluding items affecting comparability, was MSEK 8 663 (6 525), corresponding to a margin of 21.7% (21.7) Profit before tax amounted to MSEK 8 655 (6 671) Basic earnings per share were SEK 1.34 (1.07 adjusted for share split) Operating cash flow at MSEK 4 948 (2 400) Return on capital employed was 29% (27) Near-term demand outlook: Atlas Copco expects that the underlying customer activity level will remain at the current level. Previous near-term demand outlook (published ­January 26, 2023): Atlas Copco expects that the customers’ activity level will remain at the current level. ...Show more

Atlas Copco Group

3y

Strong order intake and record revenues. Second quarter Orders received increased 26% to MSEK 41 010 (32 529), organic growth of 13% Revenues increased 20% to MSEK 33 111 (27 534), organic growth of 8% Operating profit was MSEK 7 279 (5 924), corresponding to a margin of 22.0% (21.5) Adjusted operating profit, excluding items affecting comparability, reached MSEK 7 042 (6 026), corresponding to a margin of 21.3% (21.9) Profit before tax amounted to MSEK 7 305 (5 872) Basic earnings per share were SEK 1.17 (0.94, adjusted for share split) Operating cash flow at MSEK 3 064 (3 743) Return on capital employed was 28% (26) Near-term demand outlook Atlas Copco expects that the customers’ activity level will be lower than in the second quarter. Previous near-term demand outlook (published April 26, 2022): Although the world’s current economic development makes the outlook uncertain, Atlas Copco expects that the customers’ activity level will remain high, but weaken compared to the very high level in the first quarter....Show more

Atlas Copco Group

3y

Nacka, Sweden, 4 July 2022: Atlas Copco has completed the acquisition of National Vacuum Equipment Inc. The company is a leading local US manufacturer of industrial vacuum pumps and packages for mobile use on tanker trucks. National Vacuum Equipment Inc. is headquartered in Traverse City, Michigan, USA, and has around 100 employees. The company has annual revenue of approximately MUSD 26 (MSEK 223). The company becomes part of the Industrial Vacuum Division, within the Vacuum Technique business area. For more information please contact: Daniel Althoff, Vice President Investor Relations +46 76 899 9597 ir@atlascopco.com Amanda Billner, Media Relations Manager +46 73 58 25 670 media@atlascopco.com...Show more

Atlas Copco Group

3y

Nacka, Sweden, July 4, 2022: Atlas Copco has acquired Bireme Group, a Singapore-based company specializing in the treatment of compressed air and gas. Bireme Group is a privately owned company with a sales network in Southeast Asia. The company specializes in treating compressed air and gas for a broad spectrum of industries ranging from electronics, food and beverage, chemical refineries, and hospitals. It is headquartered in Singapore with a service centre in Malaysia and has 20 employees. “Bireme’s expertise, technical know-how and geographical coverage make it a good fit for us,” said Vagner Rego, Business Area President Compressor Technique. “This acquisition will increase our local presence and accelerate business development in the Asia Pacific region.” For more information please contact: Daniel Althoff, Vice President Investor Relations +46 76 899 9597 ir@atlascopco.com Amanda Billner, Media Relations Manager +46 73 58 25 670 media@atlascopco.com...Show more

Atlas Copco Group

4y

Nacka, Sweden, May 16, 2022: Atlas Copco will host its Capital Markets Day on November 17, 2022, in Stockholm, Sweden. The purpose of the Capital Markets Day is to give an update on the strategy and development of the Atlas Copco Group and its worldwide operations. Participants from Atlas Copco will be Mats Rahmström, President and CEO, Peter Kinnart, CFO, and Business Area Presidents. The program starts in the morning and will be finished before 5 PM CET. Instructions on how to register and more detailed information will be distributed prior to the event. For more information please contact: Daniel Althoff, Vice President Investor Relations +46 76 899 9597 ir@atlascopco.com Amanda Billner, Media Relations Manager +46 73 58 25 670 media@atlascopco.com Atlas Copco Group Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK111 and at year end about 43 000 em...Show more