Atlas Copco third-quarter report 2016
October 20, 2016
Organic order growth, solid profit and strong cash flow
- Order growth for all business areas
- Orders increased 11% to MSEK 26 696 (24 149), organic growth of 7
- Revenues increased 3% to MSEK 26 528 (25 723), unchanged organically
- Adjusted operating profit of MSEK 5 189 (5 239), corresponding to a margin of 19.6% (20.4)
- Reported operating profit at MSEK 5 023 (5 313), including change in provision for long-term incentive program MSEK -166 (+74)
- Profit before tax amounted to MSEK 4 716 (5 042)
- Profit for the period was MSEK 3 391 (3 806)
- Basic earnings per share were SEK 2.78 (3.12)
- Strong operating cash flow at MSEK 4 958 (4 621)
- Vacuum Technique - New business area in 2017
Near-term demand outlook
The overall demand for the Group is expected to remain at current level. Previous near-term demand outlook (published July 15, 2016): The overall demand for the Group is expected to remain at current level.
For more information please contact:
- Daniel Althoff, Investor Relations +46 8 743 9597 or +46 76 899 9597 [email protected]
- Ola Kinnander, Media Relations Manager +46 8 743 8060 or +46 70 347 2455 [email protected]
This information is information that Atlas Copco AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons set out above, at 12.00 pm CEST on October 20, 2016. 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.
- 20161020_Atlas Copco third-quarter report 2016 545.1 kB, PDF