Ronnie Leten comments on Atlas Copco’s Q1 results
Stockholm, Sweden, April 29, 2014: Atlas Copco, a leading supplier of sustainable productivity solutions, today reported an 8% increase in orders received for the first quarter. Overall near-term demand for the Group’s products and services is expected to increase somewhat.Orders received in the first quarter rose to MSEK 22 653 with a strong contribution from Edwards Group, the newly acquired vacuum solutions business. Year-on-year, both orders and revenues were down 2% organically. Revenues reached MSEK 21 423 and the operating profit was MSEK 3 760 (4 156), corresponding to a margin of
