Atlas Copco interim report at March 31, 2010

Strong recovery in orders and good operating margin

• Organic order intake increased 22%. Orders received was MSEK 17 267. - All business areas recorded double-digit organic order growth. • Revenues decreased 8% to MSEK 15 301 (16 577), organic decline 3%. • Operating profit increased to MSEK 2 627 (2 172). • Operating margin was 17.2% (13.1). - Previous year included restructuring costs of MSEK 230 and adjusted operating margin was 14.5%. • Profit before tax amounted to MSEK 2 497 (1 794). • Profit for the period was MSEK 1 855 (1 378). • Basic earnings per share were SEK 1.53 (1.13). • Strong operating cash flow at MSEK 2 223 (2 851). Near-term demand outlook The overall demand for the Group’s products and services is expected to improve somewhat from current levels. Demand in most emerging markets is foreseen to develop favorably in all business areas. Demand in North America is expected to increase gradually, whereas Europe is expected to remain largely unchanged. (unaudited)

Tags: