Interim report on Q4 and full-year summary 2020
January 29, 2021
Solid finish to a challenging year
Mats Rahmström
The comparison figures presented in this report refer to previous year unless otherwise stated.
Near-term demand outlook
Although the world’s economic development remains uncertain, Atlas Copco expects that the demand for the Group’s products and services will remain at current level.
Previous near-term demand outlook (published October 22, 2020): Although the world’s economic development remains uncertain, Atlas Copco expects that the demand for the Group’s products and services will remain at current level.
Quarterly and annual financial data in Excel format can be found at:
https://www.atlascopcogroup.com/en/investor-relations/financial-reports-presentations/latest-results
- Order intake increased 1% to MSEK 25 868 (25 625), organic growth of 7%
- Revenues decreased 6% MSEK 25 738 (27 319), unchanged organically
- Significant negative currency translation effects from a stronger SEK
- Operating profit decreased 5% to MSEK 5 373 (5 627), corresponding to a margin of 20.9% (20.6)
- Adjusted operating profit, excluding items affecting comparability, was MSEK 5 402 (5 913), corresponding to a margin of 21.0% (21.6)
- Profit before tax amounted to MSEK 5 293 (5 572)
- Basic earnings per share were SEK 3.45 (3.55)
- Operating cash flow at MSEK 6 459 (5 084)
- Return on capital employed was 23% (30)
- The Board of Directors proposes a dividend of SEK 7.30 per share (7.00) to be paid in two installments
Near-term demand outlook
Although the world’s economic development remains uncertain, Atlas Copco expects that the demand for the Group’s products and services will remain at current level.
Previous near-term demand outlook (published October 22, 2020): Although the world’s economic development remains uncertain, Atlas Copco expects that the demand for the Group’s products and services will remain at current level.
Quarterly and annual financial data in Excel format can be found at:
https://www.atlascopcogroup.com/en/investor-relations/financial-reports-presentations/latest-results
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 8 743 9597 or +46 76 899 9597
ir@atlascopco.com - Sara Liljedal, Media Relations Manager
+46 8 743 8060 or +46 72 144 1038
media@atlascopco.com
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 person set out above, at 12:00 CET on January 29, 2021.
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.
In 2020, Atlas Copco had revenues of BSEK100 (BEUR 10) and at year end about 40 000 employees.