December 1, 2010
Stockholm, Sweden, December 1, 2010: Atlas Copco today holds its annual capital markets day. This year’s event will have a special focus on presence in growth markets, the service business and people management.
“We have seen a strong market development throughout the year. The good profits have been supported by our agile and resilient business model, based on a variable cost structure and a stable aftermarket business,” says Ronnie Leten, President and CEO of the Atlas Copco Group. “We continue to prioritize our presence in growth markets, particularly China and India.”
The capital markets day is held around Atlas Copco’s premises in Sickla, Sweden. Approximately 120 people from the financial community and media are expected to attend the event, which includes presentations by Business Area Presidents and Vice President Organizational Development and Human Resources.
“Innovation and product development are key growth drivers. Our energy efficient solutions increase our customers’ competiveness, contribute to a cleaner environment and lead to profitable growth for Atlas Copco,” says Ronnie Leten.
Up to 10 % of the energy consumption in the manufacturing industry comes from compressed air systems. Atlas Copco’s energy efficient VSD-compressors help customers reducing that energy consumption by up to 35 %.
“Altogether, we have a solid platform for sustainable profitable growth. Atlas Copco is well positioned for the future,” Ronnie Leten says. Leten reconfirms the near-term outlook provided on October 22 that 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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