Atlas Copco Group Interim report on Q4 and full-year summary 2023

The comparison figures presented in this report refer to previous year unless otherwise stated.

Fourth quarter

• Orders received increased 2% to MSEK 36 843 (36 148), organic increase of 1%
• Revenues increased 12% to MSEK 44 954 (40 054), organic growth of 10%
• Operating profit reached MSEK 9 086 (7 810), corresponding to a margin of 20.2% (19.5)
  ─ Adjusted operating profit, excluding items affecting comparability, was MSEK 9 956 (8 029), corresponding to a margin of 22.1% (20.0)
• Profit before tax amounted to MSEK 8 833 (7 620)
• Basic earnings per share were SEK 1.39 (1.24)
• Operating cash flow at MSEK 8 799 (5 930)
• Return on capital employed was 30% (29)
• The Board of Directors proposes: 
  ─ Ordinary dividend for 2023 of SEK 2.80 (2.30) per share, to be paid in two equal installments

Near-term demand outlook
Atlas Copco Group expects that the customer activity level will remain at the current level.

Previous near-term demand outlook (published October 25, 2023):
Atlas Copco Group expects that the customers’ activity level will weaken compared to the third quarter.

Quarterly and annual financial data in Excel format can be found at:

https://www.atlascopcogroup.com/en/investor-relations/financial-reports-presentations/latest-results

• Sara Hägg Liljedal, SVP Chief Communications Officer
  +46 72 144 10 38
  [email protected]

• Daniel Althoff, Vice President Investor Relations
  +46 76 899 95 97
  [email protected]

This information is information that Atlas Copco AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 12:00 CET on January 25, 2024.

About Atlas Copco Group:

Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions. 
In 2023, the Group had revenues of BSEK 173, and at year end about 53 000 employees.