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Agency / Source: Atlas Copco AB

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Atlas Copco Interim Report At June 30 - Near-term demand outlook - The overall demand for the Group's products and services is expected to remain on the current high level
Atlas Copco Interim Report At June 30

 

PRZOOM - /newswire/ - Stockholm, Sweden, 2011/07/18 - Near-term demand outlook - The overall demand for the Group's products and services is expected to remain on the current high level.

   
 
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Record orders, revenues and operating profit

• Organic order intake increased 29% to MSEK 22 202.
• Revenues increased 14% to MSEK 19 951 (17 430), organic growth of 27%.
• Operating profit increased 19% to MSEK 4 177 (3 499).
• Profit before tax amounted to MSEK 4 081 (3 403).

- Whereof capital gain of MSEK 75 related to sale of shares in RSC Holdings.
• Profit for the period was MSEK 2 982 (2 523).
• Basic earnings per share were SEK 2.46 (2.07).
• Operating cash flow at MSEK 567 (2 467), affected by financial items.
• New business area structure as of July 1.

Near-term demand outlook
The overall demand for the Group's products and services is expected to remain on the current high level.

For further information please contact:

• Mattias Olsson, Vice President Investor Relations
+46 (0)8 743 8295 or +46 (0)72 729 8295

Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

Atlas Copco (atlascopco.com) is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2010, Atlas Copco had 33 000 employees and revenues of BSEK 70 (BEUR 7.3).

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Interim Report At June 30

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Atlas Copco |
Contact: Daniel Frykholm - AtlasCopco.com 
+46 (0)8 743 8060 media[.]se.atlascopco.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Atlas Copco AB securities in any jurisdiction including any other companies listed or named in this release.

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