Brock comments on Atlas Copco's Q2 2002 results
Brock comments on Atlas Copco's Q2 2002 results Stockholm, Sweden, July 18, 2002-"The Group's order volume stabilized in the second quarter and was only slightly below last year's level, year- on-year," says Gunnar Brock, new President and CEO of the Atlas Copco Group since July 1. "In Europe, a small volume increase was noted, while North America has not yet recovered." "Our strong growth in Asia continued during the second quarter, particularly for compressor sales in China." The Group's order intake decreased 4% compared to the second quarter of 2001. This corresponds to a marginal