Ronnie Leten comments on Atlas Copco’s Q1 results
Stockholm, Sweden, April 27, 2012: Atlas Copco today reported continued strong order growth for the first quarter and said near-term demand is expected to remain at the current high level.Orders received increased 10% organically to MSEK 24 827 while revenues grew 17% organically to MSEK 22 254. The operating profit was MSEK 4 604 (3 987), corresponding to a margin of 20.7% (21.9). “We achieved good growth despite the mixed market conditions and are very pleased with the development and value creation in the Group,” said Ronnie Leten, President and CEO of the Group. “We strengthened our