Second-quarter report 2023
Solid orders, record revenues and operating profit
The comparison figures presented in this report refer to previous year unless otherwise stated.
Second quarter
- Orders received increased 6% to MSEK 43 471 (41 010), organic decline of 5%
- Revenues increased 31% to MSEK 43 364 (33 111), organic growth of 18%
- Operating profit reached MSEK 9 189 (7 279), corresponding to a margin of 21.2% (22.0)
- Adjusted operating profit, excluding items affecting comparability, was MSEK 9 488 (7 042), corresponding to a margin of 21.9% (21.3)
- Profit before tax amounted to MSEK 9 026 (7 305)
- Basic earnings per share were SEK 1.42 (1.17)
- Operating cash flow at MSEK 2 864 (3 064)
- Return on capital employed was 30% (28)
Near-term demand outlook
Atlas Copco expects that the customer activity level will weaken somewhat compared to the current high level.
Previous near-term demand outlook (published April 27, 2023):
Atlas Copco expects that the underlying customer activity level will remain at the current level.
Quarterly and annual financial data in Excel format can be found at:
https://www.atlascopcogroup.com/en/investor-relations/financial-reports-presentations/latest-results
For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 76 899 95 97
ir@atlascopco.com
Amanda Billner, Media Relations Manager
+46 73 582 56 70
media@atlascopco.com
This information is information that Atlas Copco AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the contact person set out above, at 12:00 CEST on July 19, 2023.
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees. For more information, visit: www.atlascopcogroup.com