Atlas Copco AB

ATCO A

Equity

ISIN SE0017486889 / Valor 118641470

NASDAQ Nordic Exchange Stockholm, Equities (2024-12-23)

SEK 168.65-0.85%

Atlas Copco AB
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About company

Atlas Copco AB, headquartered in Stockholm, Sweden, is a global industrial group that specializes in the manufacturing and sale of a wide range of machinery and equipment. The company's product portfolio includes innovative compressors, vacuum solutions, air treatment systems, construction equipment, power tools, and assembly systems. Founded in 1873, Atlas Copco has built a reputation for delivering sustainable productivity solutions to a diverse client base across various industries. By focusing on innovation and technology, the company aims to enhance customer efficiency and productivity, while its global presence allows it to serve customers in more than 180 countries. Atlas Copco's commitment to quality and service has established it as a leading name in the industrial sector, catering to the needs of businesses seeking reliable and efficient equipment solutions.

Summarized from source with an LLMView SourceSector: Industrials

Orders Received

In the third quarter of 2024, Atlas Copco AB reported orders received amounting to MSEK 42,080, reflecting an organic increase of 1% compared to the same period in the previous year. This indicates a stable demand across various end markets, despite some fluctuations in specific sectors.

Revenue and Profit

Atlas Copco AB's revenues for Q3 2024 decreased by 3% to MSEK 43,105, with an organic decline of 1%. The operating profit for the quarter was MSEK 9,337, representing a margin of 21.7%, down from 22.7% in the previous year. This decline was influenced by currency effects and lower revenue volumes.

Earnings Per Share

The basic earnings per share for Atlas Copco AB in the third quarter of 2024 were SEK 1.47, compared to SEK 1.60 in the same quarter of the previous year. This decrease reflects the overall reduction in profit margins and revenue during the period.

Operating Cash Flow

Atlas Copco AB reported an operating cash flow of MSEK 7,545 for Q3 2024, an increase from MSEK 6,581 in the previous year. This improvement was primarily due to decreased inventories and receivables, contributing to a stronger cash position.

Outlook

Looking ahead, Atlas Copco AB anticipates a slight weakening in customer activity. This outlook contrasts with the previous expectation of maintaining current activity levels, indicating potential challenges in sustaining order volumes in the near term.

Summarized from source with an LLMView Source

Key figures

-1.63%1Y

8.35%3Y

76.4%5Y

Performance

23.0%1Y

29.9%3Y

30.2%5Y

Volatility