Order level remained high before the COVID-19 downturn
Stockholm, Sweden, April 23, 2020: Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for the first quarter of 2020 that was released today. The global COVID-19 pandemic affected the demand increasingly during the quarter and the order intake for most types of equipment decreased.“We are helped by being a global, diversified company, present in almost all industries, but we are in no way immune to the economic impact this crisis might lead to”, said Mats Rahmström. “These are challenging times and our operations were increasingly affected during the quarter.