Atlas Copco interim report at September 30, 2009
Healthy profitability and good aftermarket
• Organic order intake declined 30%. - Demand for equipment remained low. - Aftermarket products and services held up well. • Revenues decreased 18% to MSEK 15 088 (18 440), organic decline 25%. • Operating profit at MSEK 2 402 (3 640), a margin of 15.9% (19.7). - Positive net currency effect of MSEK 60 compared to previous year. - Annual cost savings in excess of MSEK 2 000 now achieved. • Profit before tax amounted to MSEK 2 210 (3 224). • Profit for the period was MSEK 1 730 (2 432). • Basic and diluted earnings per share were SEK 1.42 (1.99). • Strong operating cash flow at MSEK 4 275 (1 054). Near-term demand outlook The overall demand is expected to stay around the current level. The demand in some emerging markets, including China and India, is expected to gradually improve.