Gunnar Brock comments on Atlas Copco’s Q3 results
Stockholm, Sweden, October 23, 2008: Atlas Copco today reported third-quarter results with good order growth and record operating profit. Sales of mining equipment and aftermarket products were very strong, and all three business areas recorded sales and order growth.Revenues during the quarter increased 12% to MSEK 18 440, with organic growth of 13%. The organic growth in orders received was 9%. Operating profit increased 16% to MSEK 3 640, corresponding to an operating margin of 19.7%, the Group’s highest ever.“We are proud to have achieved another record result, with increased