Atlas Copco Interim report at June 30, 2007 (unaudited)
2007-07-16
Strong growth and record margins boost profit
· Double-digit growth continued in all regions.
- 17% organic order growth.
- 21st consecutive quarter with organic growth.
· Revenues reached MSEK 15 985 (12 444), organic growth 20%.
· Operating profit was MSEK 3 037 (2 337), a margin of 19.0% (18.8).
· Profit before tax increased 46% to MSEK 3 215 (2 200).
- Capital gain of MSEK 134 related to divestment of shares in RSC Holdings.
· Profit for the period was MSEK 2 377 (2 298).
- Profit from continuing operations increased 53% to MSEK 2 377 (1 555).
· Basic and diluted earnings per share were SEK 1.94 (1.82).
- Earnings per share from continuing operations were SEK 1.94 (1.23).
· Operating cash flow for continuing operations was MSEK 1 232 (964).
· Acquisitions of ABAC and Dynapac finalized during the quarter.
· Increased investments in production capacity decided.
The demand for Atlas Copco’s products and services, from most customer segments such as mining, construction and the manufacturing and process industries, is expected to remain at the current high level.
For further information please contact:
Ingrid Andersson, Investor Relations,
Phone: +46 8 743 8290 or +46 70 497 8290 ir@se.atlascopco.com
Daniel Frykholm, Media Relations Manager, Corporate Communications,
Phone: +46 8 743 8060 or +46 70 865 8060
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