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Atlas Copco: Interim report at September 30, 2008
Atlas Copco: Interim report at September 30, 2008
- 2nd November 2008
- Materials Handling
Record results and 9% organic order growth
- Order growth in all business areas.
- Revenues reached MSEK 18 440 (16 431), organic growth 13%.
- Operating profit up 16% to MSEK 3 640 (3 127), a margin of 19.7% (19.0).
- Profit before tax increased to MSEK 3 224 (2 708).
- Profit for the period was MSEK 2 432 (1 890).
- Basic and diluted earnings per share were SEK 1.99 (1.54).
- Operating cash flow was MSEK 1 054 (1 586).
Near-term demand outlook
The overall demand for Atlas Copco's products and services is expected to decrease somewhat compared to the most recent quarters. Demand from the mining industry is foreseen to decrease from the current high level and construction in North America and Western Europe will remain weak. The recent strong growth in emerging markets is expected to moderate.
Other news articles from Atlas Copco Construction & Mining Ltd
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Atlas Copco acquires a service company in Indonesia- Atlas Copco acquires a service company in Indonesia
- Gunnar Brock comments on Atlas Copco’s Q1 results
Atlas Copco acquires holding in Indian drilling technology companies- Atlas Copco’s John Munck Award recognizes control system for mining and construction equipment
- New board members proposed for Atlas Copco AB
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Atlas Copco inaugurates new facility in China- Atlas Copco’s Annual Report.
- Atlas Copco's Q1 report and conference call on April 24
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Atlas Copco establishes a customer center in Angola- Atlas Copco divests Spanish rental business Guimera
- Gunnar Brock comments on Atlas Copco’s Q4 results
Atlas Copco divests part of ABIRD in Netherlands- Financial information from Atlas Copco during 2008
Atlas Copco wins order in Turkey for high-speed train tunneling project- Atlas Copco’s Capital Markets Day
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Atlas Copco strengthens its presence in the Balkans
Atlas Copco to divest part of Australian rental operation
Atlas Copco invests in German turbomachinery production- Atlas Copco acquires Mafi-Trench, expands in oil and gas markets
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