This past year was another one with very strong results. Revenues, orders received and operating profit reached all-time high during 2019. It was also a year when we acquired more new companies than any year before.
“To achieve our goal to grow 8 percent annually over a business cycle, which is significantly above the global GDP, we need to acquire companies in the right segments. Through acquisitions we bring in new technologies, service opportunities and people with new ideas that we can combine with our existing strengths,” says Mats Rahmström, President and CEO.
During 2019 Atlas Copco continued to develop products and services focused on productivity, energy efficiency, safety and ergonomics.
“At Atlas Copco, we innovate with the customer in focus and the future in mind. We invest more in R&D than our competitors and during 2019 we accelerated our innovation power further. We are always looking to improve our current product range but we are also looking at projects that are close to our current products and technologies, has significant market potential and that accelerate our innovation power,” adds Mats Rahmström.
OPERATING MARGIN, 2019
RETURN ON CAPITAL EMPLOYED, 2019