Atlas Copco Q1 report 2016
April 26, 2016
Stable order intake – weak mining
- Orders received were MSEK 24 721 (25 470), unchanged organically
- Growth in service in all business areas, except in Mining and Rock Excavation
- Order intake for equipment was slightly lower
- Revenues decreased to MSEK 23 137 (24 745), organic decline of 3%
- Operating profit at MSEK 4 170 (4 519), including items affecting comparability of MSEK +13 (-248). Adjusted margin of 18.0% (19.3)
- Negative currency effect of MSEK 415 compared to Q1 2015
- Profit before tax amounted to MSEK 3 997 (4 287)
- Profit for the period was MSEK 2 908 (3 236)
- Basic earnings per share were SEK 2.39 (2.66)
- Operating cash flow amounted to MSEK 3 127 (3 498)
Near-term demand outlook The overall demand for the Group is expected to remain at current level. Previous near-term demand outlook (published January 28, 2016). The overall demand for the Group is expected to remain at current level.
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Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than 43 000 employees.