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Written by / Agency / Source: Atlas Copco AB

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A​tlas Copco Interim Report At June 30, 2010 - Strong order growth and record operating margin
A​tlas Copco Interim Report At June 30, 2010

 

NewswireToday - /newswire/ - Stockholm, Sweden, 2010/07/16 - Strong order growth and record operating margin.

   
 
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Strong order growth and record operating margin

• Organic order intake increased 33% to MSEK 19 221.
• Revenues increased 8% to MSEK 17 430 (16 155), organic increase of 9%.
• Operating profit increased 69% to MSEK 3 499 (2 066).
• Operating margin was record high at 20.1% (12.8).

Previous year included restructuring costs of MSEK 259 and adjusted operating margin was 14.4%.
• Profit before tax amounted to MSEK 3 403 (1 943).
• Profit for the period was MSEK 2 523 (1 468).
• Basic and diluted earnings per share were SEK 2.07 (1.20).
• Very strong operating cash flow at MSEK 2 847 (2 492).

Near-term demand outlook
The overall demand for the Group’s products and services is expected to increase somewhat.
In emerging markets, demand is foreseen to develop favorably in all business areas. Demand in North America and parts of Europe is expected to increase gradually.

Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

Atlas Copco (atlascopco.com) 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).

 
 
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Written by / Agency / Source: Atlas Copco AB

 
 

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A​tlas Copco Interim Report At June 30, 2010

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Atlas Copco News |
Publisher Contact: Mattias Olsson - AtlasCopco.com 
+46 (0)8 743 8290 ir[.]se.atlascopco.com
 
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