Ronnie Leten comments on Atlas Copco’s Q3 results
Stockholm, Sweden, October 22, 2010: Atlas Copco today reported third quarter results with record profits and a strong organic order growth. Asia, Australia and South America all reported record order intake.Organic orders received increased 35% to MSEK 19 316 (14 309) and revenues increased 18% organically to MSEK 17 743. Sequentially, sales of mining and industrial equipment improved while the order intake for construction equipment weakened somewhat. Operating profit increased to a new record of MSEK 3 782 (2 402), corresponding to an operating margin of 21.3% including restructuring