Atlas Copco Second quarter report 2006

(unaudited)

Record performance – strategic acquisitions • The divestment process of the construction equipment rental business continues and is expected to be finalized in the third quarter. – This business is reported as discontinued operations. • Strong growth in all regions and most customer segments. • All business areas improved sales, profits and margins. • Agreements to acquire two compressor businesses with total turnover above BSEK 2.2. • Orders received for continuing operations up 20%, whereof 14% in volume. • Revenues for continuing operations reached MSEK 12 444 (10 539), up 12% in volume. – MSEK 15 408 (13 062) including Rental Service. • Operating profit for continuing operations was MSEK 2 337 (1 667), corresponding to a margin of 18.8% (15.8). – MSEK 3 163 (2 241) including Rental Service, a margin of 20.5% (17.2). • Profit before tax for continuing operations increased 38% to MSEK 2 433 (1 766). – MSEK 2 926 (2 170) including Rental Service. • Profit for the period was MSEK 1 963 (1 492). • Basic earnings per share were SEK 3.11 (2.36). • Operating cash flow totaled MSEK 799 (955). For further information Atlas Copco AB SE-105 23 Stockholm, Sweden Phone: +46 8 743 8000, Fax: +46 8 644 9045 Internet: www.atlascopco.com Corp. id. no: 556014-2720 Analysts Mattias Olsson, Investor Relations Manager, Phone: +46 8 743 8291 or +46 70 518 8291 ir@se.atlascopco.com Media Annika Berglund, Senior Vice President Corporate Communications, Phone: +46 8 743 8070 or +46 70 322 8070