STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Ronnie Leten, President and CEO, confirms Atlas Copco’s most recent outlook statement, that the overall near-term demand for the Group is expected to remain at current level.
“The market has been mixed this year, with industrial sectors such as automotive and aerospace showing good demand for our tools and assembly systems, while the mining and construction sectors have suffered,” Ronnie Leten said. “We are focusing on efficiency but also on innovation in our products and services to continue to enhance customers’ productivity.”
The capital markets day begins with presentations by Ronnie Leten; Hans Ola Meyer, CFO; and the Business Area Presidents: Nico Delvaux, Compressor Technique; Mats Rahmström, Industrial Technique; Johan Halling, Mining and Rock Excavation Technique; and Andrew Walker, Construction Technique.
Special focus will be on service as well as on Industrial Technique. The day includes an exhibition of that business area’s tools and assembly technologies, such as adhesive and self-pierce riveting solutions increasingly used by automotive manufacturers to assemble lightweight materials.
Atlas Copco also presents recently set focused priorities to complement the strategy for sustainable profitable growth. The priorities are Innovation, Business Ethics, Safety and Health, Resource Efficiency, and Competent Teams, and aim at safeguarding that the strategy is truly sustainable. Atlas Copco’s financial goals remain intact. Read more about the priorities at http://www.atlascopco.com/us/sustainability/.
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 services 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 2014, Atlas Copco had revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees. Learn more at www.atlascopco.com.
This information was brought to you by Cision http://news.cision.com.