Record profit and strong order growth
Atlas Copco interim report at September 30, 2010
October 22, 2010
· Order intake increased 35% to MSEK 19 316.
· Revenues increased 18% to MSEK 17 743 (15 088).
· Operating profit increased 57% to MSEK 3 782 (2 402), including restructuring costs of MSEK 100.
· Operating margin was record high at 21.3% (15.9).
· Profit before tax amounted to MSEK 3 675 (2 210).
· Profit for the period was MSEK 2 650 (1 730).
· Basic and diluted earnings per share were SEK 2.17 (1.42).
· Operating cash flow at MSEK 2 479 (4 275).
Near-term demand outlook
The overall demand for the Group’s products and services is expected to increase somewhat. The sequential improvement is primarily expected to come from emerging markets.
· Revenues increased 18% to MSEK 17 743 (15 088).
· Operating profit increased 57% to MSEK 3 782 (2 402), including restructuring costs of MSEK 100.
· Operating margin was record high at 21.3% (15.9).
· Profit before tax amounted to MSEK 3 675 (2 210).
· Profit for the period was MSEK 2 650 (1 730).
· Basic and diluted earnings per share were SEK 2.17 (1.42).
· Operating cash flow at MSEK 2 479 (4 275).
Near-term demand outlook
The overall demand for the Group’s products and services is expected to increase somewhat. The sequential improvement is primarily expected to come from emerging markets.
For further information please contact:
- Mattias Olsson, Investor Relations Manager
+46 8 743 8290 or +46 70 497 8290
Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0). Learn more at www.atlascopco.com.
