Atlas Copco Group

4mo

Check out our new Group web site...Show more

Home

0

Atlas Copco has acquired a US distributor of vacuum equipment and service solutions Nacka, Sweden, May 2, 2023: Atlas Copco has acquired the assets of James E. Watson & Co. The company is a distributor of vacuum equipment and service solutions. James E. Watson & Co is based in Marietta near Atlanta, Georgia, and provides vacuum consultancy, vacuum equipment sales, and service to process industries, including the production of chemicals and paper, woodworking, and food packaging. The business has 7 employees and is present throughout the South-East region of the USA, serving mainly Alabama, Georgia, and Tennessee states. “This acquisition will complement our existing footprint in the region," said Geert Follens, Business Area President of Vacuum Technique. “The company has a strong reputation and is serving diverse industrial markets with vacuum equipment and service solutions.” The purchase price is not disclosed. The acquired business will become part of the Industrial Vacuum Division within the Vacuum Technique Business Area....Show more

Atlas Copco has acquired a US distributor of vacuum equipment and service solutions

5

First-quarter report 2023 Record order intake, solid revenues and profitability Orders received increased 18% to MSEK 47 707 (40 379), organic growth of 5% Revenues increased 32% to MSEK 39 861 (30 086), organic growth of 18% Operating profit reached MSEK 8 699 (6 749), corresponding to a margin of 21.8% (22.4) Adjusted operating profit, excluding items affecting comparability, was MSEK 8 663 (6 525), corresponding to a margin of 21.7% (21.7) Profit before tax amounted to MSEK 8 655 (6 671) Basic earnings per share were SEK 1.34 (1.07 adjusted for share split) Operating cash flow at MSEK 4 948 (2 400) Return on capital employed was 29% (27) Near-term demand outlook: Atlas Copco expects that the underlying customer activity level will remain at the current level. Previous near-term demand outlook (published January 26, 2023): Atlas Copco expects that the customers’ activity level will remain at the current level. ...Show more

First-quarter report 2023

4

Atlas Copco’s Q1 report 2023 and an invitation to the conference call, on April 27 Participating from Atlas Copco will be Mats Rahmström, President and CEO, and Peter Kinnart, CFO. The conference call will begin with a short presentation of the report followed by a question-and-answer session. To follow the presentation webcast, access this link: https://ir.financialhearings.com/atlas-copco-q1-2023 To participate via teleconference, please register via this link: https://conference.financialhearings.com/teleconference/?id=200677 After registration, you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via teleconference. After the call, presentation material and the recorded webcast will be available on our homepage: www.atlascopcogroup.com/investor-relations We look forward to your participation....Show more

Atlas Copco's Q1 report 2023 and invitation to the conference call, April 27

0

Interim report on Q4 and full-year summary 2022 January 26, 2023 Fourth quarter Orders received increased 8% to MSEK 36 148 (33 525), organic decline of 7% Revenues increased 36% to MSEK 40 054 (29 533), organic growth of 16% Operating profit was MSEK 7 810 (6 248), corresponding to a margin of 19.5% (21.2) Adjusted operating profit, excluding items affecting comparability, reached MSEK 8 029 (6 462), corresponding to a margin of 20.0% (21.9) Profit before tax amounted to MSEK 7 620 (6 250) Basic earnings per share were SEK 1.24 (1.00, adjusted for share split) Operating cash flow at MSEK 5 930 (6 650) Return on capital employed was 29% (27) The Board of Directors proposes: Ordinary dividend for 2022 of SEK 2.30 (1.90, adjusted for share split) per share, to be paid in two installments Near-term demand outlook: Atlas Copco expects that the customers’ activity level will remain at the current level. Previous near-term demand outlook (published October 19, 2022): Atlas Copco expects that the customers’ activity level will weaken somewhat compared to the high level in the third quarter...Show more