Very strong order intake and record margin
Atlas Copco interim report at March 31
April 20, 2011
· Order intake increased to a record MSEK 21 675, organic growth of 33%.
· Revenues increased 27% organically to MSEK 18 223 (15 301).
· Operating profit increased 52% to MSEK 3 987 (2 627).
· Operating margin at 21.9% (17.2).
· Profit before tax amounted to MSEK 4 056 (2 497).
- Whereof capital gain of MSEK 151 related to sale of shares in Rental Service.
· Profit for the period was MSEK 3 033 (1 855).
· Basic earnings per share were SEK 2.48 (1.53).
· Operating cash flow at MSEK 2 026 (2 223).
· New business area structure as of July 1.
Near-term demand outlook
The overall demand for the Group’s products and services is expected to increase somewhat. The demand in the emerging markets as well as from the mining industry is expected to stay strong. Most other markets, except southern Europe and northern Africa, are expected to continue to develop positively.
For further information please contact:
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060
Ingrid Andvaller, Investor Relations Manager
+46 (0)8 743 8290 or +46 (0)70 497 8290
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
· Revenues increased 27% organically to MSEK 18 223 (15 301).
· Operating profit increased 52% to MSEK 3 987 (2 627).
· Operating margin at 21.9% (17.2).
· Profit before tax amounted to MSEK 4 056 (2 497).
- Whereof capital gain of MSEK 151 related to sale of shares in Rental Service.
· Profit for the period was MSEK 3 033 (1 855).
· Basic earnings per share were SEK 2.48 (1.53).
· Operating cash flow at MSEK 2 026 (2 223).
· New business area structure as of July 1.
Near-term demand outlook
The overall demand for the Group’s products and services is expected to increase somewhat. The demand in the emerging markets as well as from the mining industry is expected to stay strong. Most other markets, except southern Europe and northern Africa, are expected to continue to develop positively.
For further information please contact:
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060
Ingrid Andvaller, Investor Relations Manager
+46 (0)8 743 8290 or +46 (0)70 497 8290
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
