Picture of Atlas Copco AB logo

ATCO B Atlas Copco AB News Story

0.000.00%
se flag iconLast trade - 00:00
IndustrialsBalancedLarge CapNeutral

Brief: Atlas Copco Sees Near-Term Customer Activity To Remain At Current Level

Oct 23 (Reuters) - Atlas Copco AB ATCOa.ST:

Q3 ADJUSTED EBIT SEK 8,862 MILLION VERSUS. IBES ESTIMATE SEK 8,677 MILLION

Q3 BASIC EPS SEK 1.37

Q3 PRETAX PROFIT SEK 8,456 MILLION

Q3 ORDERS SEK 40,517 MILLION

Q3 REVENUE SEK 41,621 MILLION VERSUS. IBES ESTIMATE SEK 41,333 MILLION

Q3 EBIT SEK 8,546 MILLION

ATLAS COPCO GROUP EXPECTS THAT CUSTOMER ACTIVITY WILL REMAIN AT CURRENT LEVEL

DEMAND FOR ATLAS COPCO GROUP’S PRODUCTS AND SERVICES WAS  MIXED

OVERALL ORDER VOLUMES REMAINED RELATIVELY STABLE  COMPARED TO BOTH THE PREVIOUS YEAR AND THE PREVIOUS QUARTER

ORDER INTAKE INCREASED IN THE AMERICAS AND EUROPE, WAS BASICALLY UNCHANGED IN ASIA, BUT DECREASED IN  AFRICA/MIDDLE EAST

ORDER VOLUMES FOR VACUUM EQUIPMENT DECREASED SOMEWHAT, DRIVEN BY WEAKER DEMAND FROM THE SEMICONDUCTOR INDUSTRY

Source text: ID:nWkr6lrhK8

Further company coverage: ATCOa.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Atlas Copco AB

See all news