Atlas Copco: Interim report at March 31, 2009
April 27, 2009
(unaudited)
Global economic crisis hit demand for equipment
• Organic order intake declined 33%.
- 37% decline including cancellations in mining.
- Stable demand for aftermarket products and services.
• Revenues decreased 3% to MSEK 16 577 (17 122), organic decline 17%.
• Operating profit at MSEK 2 172 (3 248), a margin of 13.1% (19.0).
- Includes redundancy costs of MSEK 230, adjusted operating margin 14.5%.
- Positive net currency effect of MSEK 500 compared to previous year.
• Profit before tax amounted to MSEK 1 794 (3 026).
• Profit for the period was MSEK 1 378 (2 376).
• Basic and diluted earnings per share were SEK 1.13 (1.94).
• Strong operating cash flow at MSEK 2 851 (900).
Near-term demand outlook
The economic situation still makes the outlook very uncertain. Demand is however expected to remain weak in most industries and regions and stay around the current level.
For further information please contact:
Ingrid Andersson, Investor Relations Manager,
Phone: +46 8 743 8290 or +46 70 497 8290 [email protected]
Daniel Frykholm, Media Relations Manager, Corporate Communications,
Phone: +46 8 743 8060 or +46 70 865 8060
[email protected]
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
Global economic crisis hit demand for equipment
• Organic order intake declined 33%.
- 37% decline including cancellations in mining.
- Stable demand for aftermarket products and services.
• Revenues decreased 3% to MSEK 16 577 (17 122), organic decline 17%.
• Operating profit at MSEK 2 172 (3 248), a margin of 13.1% (19.0).
- Includes redundancy costs of MSEK 230, adjusted operating margin 14.5%.
- Positive net currency effect of MSEK 500 compared to previous year.
• Profit before tax amounted to MSEK 1 794 (3 026).
• Profit for the period was MSEK 1 378 (2 376).
• Basic and diluted earnings per share were SEK 1.13 (1.94).
• Strong operating cash flow at MSEK 2 851 (900).
Near-term demand outlook
The economic situation still makes the outlook very uncertain. Demand is however expected to remain weak in most industries and regions and stay around the current level.
For further information please contact:
Ingrid Andersson, Investor Relations Manager,
Phone: +46 8 743 8290 or +46 70 497 8290 [email protected]
Daniel Frykholm, Media Relations Manager, Corporate Communications,
Phone: +46 8 743 8060 or +46 70 865 8060
[email protected]
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.