April 27, 2005
Strong growth and record profit margins
Orders received up 17%, corresponding to volume growth of 8%.Revenues reached MSEK 11 168 (9 595), up 10% in volume.Operating profit margin increased to 15.6% (13.8). Expected capital gain from the divestment of the professional electric tools business is not included.Profit after financial items increased 35% to MSEK 1 665 (1 231).Net profit was MSEK 1 167 (922) and earnings per share SEK 5.55 (4.38).Operating cash flow totaled MSEK 685 (862). Net cash flow, after divestments and acquisitions, amounted to MSEK 4 535.Near-term demand outlookThe demand for Atlas Copco’s products and services is expected to remain at current high level. Demand from manufacturing and process industries is expected to stay favorable in most markets. Activity in the construction industry is expected to continue to increase somewhat in North America and in most developing countries. Demand from the mining industry is expected to remain strong.