Atlas Copco third-quarter report 2017
Strong order growth and record profit
The figures presented in this report refer to continuing operations unless otherwise stated.
- Order growth for all business areas and in all regions
- Orders increased 17% to MSEK 30 552 (26 038), organic growth of 17%
- Revenues increased 10% to MSEK 28 499 (25 843), organic growth of 10%
- Reported operating profit increased 24% to MSEK 6 268 (5 074) and includes MSEK +81 (-166) of items affecting comparability
- Adjusted operating profit of MSEK 6 187 (5 240), corresponding to a margin of 21.7% (20.3)
- Profit before tax amounted to MSEK 6 067 (4 770)
- Profit for the period was MSEK 4 446 (3 436)
- Basic earnings per share were SEK 3.66 (2.82)
- Operating cash flow at MSEK 5 008 (4 958), including discontinued operations
Near-term demand outlook
The overall demand for the Group is expected to remain at current high level.
Previous near-term demand outlook (published July 17, 2017):
The overall demand for the Group is expected to remain at current high level.
For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 8 743 9597 or +46 76 899 9597
ir@se.atlascopco.com
Ola Kinnander, Media Relations Manager
+46 8 743 8060 or +46 70 347 2455
media@se.atlascopco.com
This information is information that Atlas Copco AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons set out above, at 12.00 pm CEST on October 18, 2017.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at www.atlascopcogroup.com.
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