November 15, 2016
Stockholm, Sweden, November 15, 2016: Atlas Copco, a leading provider of sustainable productivity solutions, today hosts its annual Capital Markets Day, in Antwerp, Belgium. The event will provide an update of the Group’s strategy and market situation, and will focus on two of Atlas Copco’s business areas: Compressor Technique and the new (as from January 1, 2017) Vacuum Technique.
Ronnie Leten, President and CEO, confirms Atlas Copco’s most recent outlook statement, that the overall near-term demand for the Group is expected to remain at current level.
“It has been an exciting year where we for example have grown significantly within vacuum solutions, leading us to decide to create a dedicated fifth business area,” Ronnie Leten said. “We are focusing on growing in the right segments while keeping a close eye on efficiency. Innovation in products and services that increase customers’ productivity is a constant guiding light for us.”
The Capital Markets Day begins with presentations by Ronnie Leten; Hans Ola Meyer, CFO; and two of the Business Area Presidents: Nico Delvaux, Compressor Technique, and Geert Follens, Vacuum Technique. Vacuum Technique will be operational starting January 1, 2017. Today the vacuum business is part of Compressor Technique, Atlas Copco’s largest business area.
The program includes an exhibition of the Group’s manufacturing and research facilities in Antwerp, the main center for Atlas Copco’s world-leading compressor business.
Invited to the Capital Markets Day in Belgium were the investor community, both financial and sustainability focused, and business/financial journalists.
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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 7.30.am CET on November 15, 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.