Atlas Copco's adjusted operating profit misses expectations in Q4 (updated)
27/01/2026 11:13
Adds details on performance, order numbers and dividend proposal in paragraphs 3-7, updates shares in paragraph 8 By Jagoda Darlak COPENHAGEN, Jan 27 (Reuters) - Swedish industrial group Atlas Copco ATCOa.ST on Tuesday reported a fourth-quarter operating profit below market expectations and said customer activity was expected to remain at similar levels in the short term. Operating earnings before items affecting comparability fell 12.5% to 8.77 billion Swedish crowns ($86.3 million) on a 7% revenue drop in the final quarter of 2025. Analysts on average were expecting 9.02 billion crowns, data compiled by LSEG showed. Adjusted operating profit margin was also lower at 20.5%, primarily driven by adverse currency exchange rates, with trade tariff costs and dilution from acquisitions also contributing, the company said in a statement. Atlas Copco made a quarter of its sales in North America in the last three months of the year. Quarterly order intake was 38.61 billion crowns, down 3% from a year ago, lagging analysts' forecast of 40 billion crowns. On an organic basis, the intake however increased by 4%. The group said the overall demand for its products and services increased in the fourth quarter compared to 2024, although demand for equipment was mixed. Atlas Copco proposed an annual dividend of 5 crowns per share, made up of an ordinary payout of 3 crowns and an additional dividend of 2 crowns per share. Shares of the company, which makes a wide range of industrial products from air treatment systems to construction equipment and power tools, fell less than 1% following the earnings publication. (Reporting by Jagoda Darlak, editing by Milla Nissi-Prussak) ((Jagoda.Darlak@thomsonreuters.com, +48 58 769 65 40))