Atlas Copco interim report on Q4 and full-year summary 2017
January 26, 2018
Strong end to a record yearThe figures presented in this report refer to continuing operations unless otherwise stated
- Orders increased 10% to MSEK 30 372 (27 617), organic growth of 14%
- Revenues increased 8% to MSEK 30 865 (28 495), organic growth of 11%
- Adjusted operating profit, excluding items affecting comparability, was MSEK 6 640 (5 849), corresponding to a margin of 21.5% (20.5)
- Reported operating profit increased 8% to MSEK 6 233 (5 785), corresponding to a margin of 20.2% (20.3)
- Profit before tax amounted to MSEK 5 946 (5 618)
- Basic earnings per share were SEK 3.49 (3.49)
- Operating cash flow at MSEK 5 500 (6 537), including discontinued operations
- The Board proposes a distribution to shareholders of SEK 15.00 per share through:
• Annual dividend for 2017 of SEK 7.00 (6.80) per share
• An extra distribution of SEK 8.00 per share through mandatory redemption of shares - Road Construction Equipment division divested
- Preparations for split and proposed distribution of Epiroc progressed according to plan Near-term demand outlook The overall demand for the Group is expected to remain at current high level. Previous near-term demand outlook (published October 18, 2017): The overall demand for the Group is expected to remain at current high level.
For more information please contact:
- Daniel Althoff, Vice President 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 CET on January 26, 2018. 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 2017, Atlas Copco had revenues of BSEK 116 (BEUR 12) and about 47 000 employees.