April 28 (Reuters) - Atlas Copco AB ATCOa.ST:
Q1 ADJUSTED EBIT SEK 8,329 MILLION VERSUS IBES ESTIMATE SEK 8,459 MILLION
Q1 ORDERS SEK 45,395 MILLION
Q1 PRETAX PROFIT SEK 8,114 MILLION
Q1 EBIT SEK 8,261 MILLION
Q1 REVENUE SEK 40,540 MILLION VERSUS IBES ESTIMATE SEK 41,114 MILLION
NEAR-TERM OUTLOOK: ATLAS COPCO GROUP EXPECTS CUSTOMER ACTIVITY TO REMAIN AT CURRENT LEVEL
DEMAND FOR INDUSTRIAL COMPRESSORS REMAINED ESSENTIALLY UNCHANGED, WHILE ORDER VOLUMES FOR GAS AND PROCESS COMPRESSORS DECREASED NOTABLY
ORDERS FOR VACUUM EQUIPMENT INCREASED SIGNIFICANTLY, DRIVEN BY HIGHER DEMAND FROM SEMICONDUCTOR INDUSTRY
DEMAND FOR INDUSTRIAL ASSEMBLY EQUIPMENT AND VISION SOLUTIONS TO AUTOMOTIVE INDUSTRY REMAINED WEAK
ORDER INTAKE IN LOCAL CURRENCIES INCREASED IN NORTH AMERICA, EUROPE, ASIA, DECREASED IN SOUTH AMERICA AND AFRICA/MIDDLE EAST
CURRENT SITUATION IN MIDDLE EAST HAS HAD LIMITED DIRECT FINANCIAL EFFECT ON GROUP
Source text: ID:nWkr7WgTJY
Further company coverage: [ATCOa.ST]
(Gdansk Newsroom)
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