During the fourth quarter 2019 order volumes for large industrial compressors grew, while the order intake for smaller stationary and portable compressors decreased. The orders for equipment to the automotive industry decreased significantly. Compared to the same quarter previous year there was a strong increase of sales of vacuum equipment. The service business, as well as the specialty rental business, continued to grow.
"The activity level in most end markets weakened during the last quarter", said
Orders received in the fourth quarter grew to MSEK 25 652 (23 743), an organic growth of 1%. Revenues were MSEK 27 319 (25 321), up 1% organically. Reported operating profit decreased 1% to MSEK 5 627 (5 661), corresponding to a margin of 20.6% (22.4). Excluding items affecting comparability, the adjusted operating profit increased 7% to MSEK 5 913 (5 549), corresponding to a margin of 21.6% (21.9).
The return on capital employed was 30% (33).
The Board of Directors proposes a dividend of
"
Looking ahead, in the near-term, the demand for
For more information please contact:
+46 8 743 9597 or +46 76 899 9597
ir@atlascopco.com
Sara Liljedal, Media Relations Manager
+46 8 743 8060 or +46 721 44 10 38
media@atlascopco.com
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Great ideas accelerate innovation. At
In 2019,
https://news.cision.com/atlas-copco/r/growth-and-solid-margin-end-a-record-year,c3018530
https://mb.cision.com/Main/90/3018530/1180851.pdf
https://news.cision.com/atlas-copco/i/mats-rahmstrom,c2740983
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