Record order intake, solid revenues and profitability
Nacka, Sweden, April 27, 2023: Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for Q1 that was released today.“This was a very strong quarter,” said Mats Rahmström. ”Primarily due to several significant orders and strong project-related business, the order intake increased more than expected and reached a new record level.“
Order volumes for industrial compressors increased, driven by larger compressors. For gas and process compressors, the order growth was extraordinary. The demand for power equipment was strong, especially for portable compressors.