Releases - Atlas Copco

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Atlas Copco leads innovation with energy-cutting compressor

5/21/2013 3:15 AM EST
Stockholm, Sweden, May 21, 2013: Atlas Copco has introduced a groundbreaking compressor that sets a new industry standard in energy efficiency. The new compressor can cut energy consumption roughly by half compared to traditional fixed-speed compressors.
The new compressor gained immediate acceptance by the market, selling more than 500 units in the two weeks following the launch last month. It is the result of...

Atlas Copco wins mining equipment order in India

5/21/2013 2:45 AM EST
Stockholm, Sweden, May 21, 2013: Atlas Copco has won a repeat order for mining equipment valued at about MEUR 8 (MSEK 69) from Hindustan Zinc to be used in the Rampura Agucha mine in northwestern India.
The 13 units of equipment, which include long-hole drilling rigs, face drilling rigs and dump trucks, will be delivered in 2013.

Atlas Copco has supplied mining equipment to Hindustan Zinc, a subsidiary of...

Bob Fassl to leave Atlas Copco

5/20/2013 2:30 AM EST
Stockholm, Sweden, May 20, 2013: Bob Fassl has decided to resign from his position as President of the Atlas Copco Mining and Rock Excavation Technique business area per July 31.
“Bob has made significant contributions to the development and successful growth of Atlas Copco,” said Ronnie Leten, President and CEO of Atlas Copco. “After 30 years of global travelling he will move home to Canada to spend more time...

Atlas Copco completes U.S. compressor distribution acquisition

5/3/2013 2:30 AM EST
Stockholm, Sweden, May 3, 2013: Atlas Copco’s U.S.-based Quincy Compressor LLC has finalized the acquisition of National Pump & Compressor’s air compressor business in the state of Illinois, USA.
Quincy will open a new company store that will serve as a base for the sale and servicing of Quincy’s products in the Illinois region. The business being purchased has distributed Quincy products for more than 60...

Atlas Copco closes acquisition of Saltus-Werk

5/2/2013 2:30 AM EST
Stockholm, Sweden, May 2, 2013: Atlas Copco has closed the acquisition of the assets of Saltus-Werk Max Forst GmbH, a manufacturer of mechanical and electric torque solutions based in Germany.
Founded in 1919, Saltus has about 65 employees and had revenues in 2012 of about MEUR 8 (MSEK 70). The company manufactures and sells a wide range of products for quality assurance in tightening, including mechanical,...

Atlas Copco to utilize mandates to sell and repurchase shares

4/30/2013 2:05 AM EST
Stockholm, Sweden, April 30, 2013: The Board of Atlas Copco AB has decided to use the mandates granted by the Annual General Meeting for the repurchase and sale of shares at one or more occasions until the next AGM.
The mandates cover:

1) The purchase of not more than 4,250,000 series A shares, whereof a maximum 3,500,000 may be transferred to personnel stock option holders under the Performance Stock Option...

Report from Atlas Copco’s Annual General Meeting 2013

4/30/2013 2:00 AM EST
Stockholm, Sweden, April 30, 2013: Atlas Copco AB on Monday April 29 held its Annual General Meeting, chaired by Sune Carlsson, Chair of the Board of Directors.
The income statements and the balance sheets of the parent company and the Group were approved, together with the Board’s proposal for profit distribution.

The proposed dividend of SEK 5.50 per share was approved. Record day for the dividend is May 3,...

Ronnie Leten comments on Atlas Copco’s Q1 results

4/29/2013 5:01 AM EST
Stockholm, Sweden, April 29, 2013: Atlas Copco today reported a stable order level compared with the previous three months, and said near-term demand is expected to remain at the current level.
Orders received decreased 11% organically from a year earlier to MSEK 21 008 while revenues were down 5% organically to MSEK 20 227. The operating profit was MSEK  4 156 (4 614), corresponding to a margin of 20.5%...

Atlas Copco first-quarter report 2013

4/29/2013 5:00 AM EST
(unaudited)
Solid demand for service, weaker for equipment

· Order intake decreased to MSEK 21 008 (24 827), organic decline of 11%
· Revenues decreased to MSEK 20 227 (22 254), organic decline of 5%
· Operating profit decreased by 10% to MSEK 4 156 (4 614)
·
· Profit before tax amounted to MSEK 4 045 (4 494)
· Profit for the period was MSEK 2 988 (3 409)
· Basic earnings per share were SEK 2.46 (2.81)
...

Atlas Copco completes acquisition of Rapid-Torc

4/23/2013 2:30 AM EST
Stockholm, Sweden, April 23, 2013: Atlas Copco has closed the acquisition of the business of U.S-based Rapid-Torc, which develops and markets hydraulic torque wrenches. The acquisition broadens Atlas Copco’s product range and will extend its expertise to new customers.
Rapid-Torc, with offices in Houston, Texas, and Brussels, Belgium, has about 30 employees and had revenues in 2012 of MUSD 11 (MSEK 75.) The...

Atlas Copco

Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems.

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  CONTACT  
  • Ola Kinnander
  • Media Relations Manager, Corporate Communications
  • +46 (0)70 347 2455
  • +46 (0)8 743 8060
  •