Atlas Copco third quarter report 2013
October 25, 2013
(unaudited)
Healthy profitability despite lower mining equipment revenues
- Order intake decreased to MSEK 19 433 (21 379), organic decline of 6%
- Revenues decreased to MSEK 20 552 (22 094), organic decline of 4%
- Operating profit decreased by 14% to MSEK 4 212 (4 925)
- Operating margin at 20.5% (22.3)
- Profit before tax amounted to MSEK 4 017 (4 737)
- Profit for the period was MSEK 3 054 (3 488)
- Basic earnings per share were SEK 2.52 (2.87)
- Operating cash flow at MSEK 2 404 (4 611, including divestment of customer financing assets of 1 400)
- Actions to adjust capacity to lower mining equipment demand. Restructuring costs of MSEK 50
- Expanding into process vacuum solutions. Compressor Technique to acquire Edwards Group Ltd.
The overall demand for the Group’s products and services is expected to remain at the current level.
Previous near-term demand outlook (published July 17, 2013):
The overall demand for the Group’s products and services is expected to remain at the current level.
For further information please contact:
- Mattias Olsson, Vice President Investor Relations
+46 (0)8 743 8295 or +46 (0)72 729 8295
[email protected] - Ola Kinnander, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 347 2455
[email protected]
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5).