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Written by / Agency / Source: Atlas Copco AB

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Atlas Copco Interim Report At September 30 - 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
Atlas Copco Interim Report At September 30

 

NewswireToday - /newswire/ - Stockholm, Sweden, 2010/10/22 - 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.

   
 
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Record profit and strong order growth

• 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.

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

About Atlas Copco

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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Atlas Copco Interim Report At September 30

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Atlas Copco |
Publisher Contact: Mattias Olsson - AtlasCopco.com 
+46 (0)8 743 8290 ir[.]se.atlascopco.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Atlas Copco AB securities in any jurisdiction including any other companies listed or named in this release.

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