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2014-07-16

Atlas Copco: Ronnie Leten comments on Atlas Copco's Q2 results

Stockholm, Sweden, July 16, 2014: Atlas Copco, a leading supplier of
sustainable productivity solutions, today reported an increased order
intake for the second quarter.

Year-on-year, orders received in the second quarter increased 11% to
MSEK 23 450, supported by an improved demand from the manufacturing
industry and acquired businesses. The organic order growth was 1%.
Revenues reached MSEK 23 348 and the operating profit was MSEK 4 339
(4 533), corresponding to a margin of 18.6% (20.8).

"It is encouraging to see a positive demand development from the
manufacturing industry, and that the order intake for mining
equipment has stabilized," said Ronnie Leten, President and CEO of
the Atlas Copco Group. "The margin improved compared to the first
quarter, partly thanks to further efficiency measures."

During the second quarter a new regional distribution center was
opened in Shanghai, China, which will be the hub for logistics
activities in the Asian region.

"Our service business continued to grow and more customers in more
locations now benefit from our broad service offering," said Ronnie
Leten.

Also, in May Atlas Copco acquired compressor business in the U.S. with
about 120 employees.

In June, Atlas Copco ranked number seven globally in the Newsweek
Green Rankings, one of the world's foremost ranking on corporate
sustainability.

The overall demand for the Group's equipment and service is expected
to increase somewhat in the near term.

For more information please contact:
Carl-Johan Olsson, Acting Media Relations Manager
+46 (0)8 743 8060 or +46 (0)72 181 0086

Atlas Copco discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.

Atlas Copco is a world-leading provider of sustainable productivity
solutions. The Group serves customers with innovative compressors,
vacuum solutions and air treatment systems, construction and mining
equipment, power tools and assembly systems. Atlas Copco develops
products and service focused on productivity, energy efficiency,
safety and ergonomics. The company was founded in 1873, is based in
Stockholm, Sweden, and has a global reach spanning more than 180
countries. In 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7)
and more than 40 000 employees. Learn more at www.atlascopco.com.

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http://news.cision.com/atlas-copco/r/ronnie-leten-comments-on-atlas-copc...
http://mb.cision.com/Main/90/9617299/267397.pdf

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