STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Atlas Copco (STO:ATCOA)(STO:ATCOB):
(unaudited)
Improved industrial demand and strong cash flow
· Orders increased 20% year-on-year to MSEK 23 395 (19 433), organic growth of 2%
· Revenues increased to a record of MSEK 23 590 (20 552), organic decline of 2%
· Operating profit at MSEK 4 145 (4 212), including impairment of assets, restructuring costs and other items affecting comparability of MSEK -459 (-2)
· Adjusted operating profit of MSEK 4 604 (4 214), corresponding to a margin of 19.5% (20.5)
· Profit before tax amounted to MSEK 3 879 (4 017)
· Profit for the period was MSEK 2 878 (3 054)
· Basic earnings per share were SEK 2.37 (2.52)
· Strong operating cash flow at MSEK 3 915 (2 394)
· Acquisition of Henrob, a market leader in self-pierce riveting
Near term demand outlook
The overall demand for the Group’s equipment and service is expected to increase somewhat.
Previous near-term demand outlook (published July 16, 2014):
The overall demand for the Group’s equipment and service is expected to increase somewhat.
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and service focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7) and more than 40 000 employees. Learn more at www.atlascopco.com.
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