Atlas Copco : Quarterly results presentation Q3 2020

Q3 results

October 22, 2020

Q3 in brief

• Year-on-yearorder decline
• • Still impacted by COVID-19
• Sequential demand recovery
• • Both for service and equipment
• Healthy operating profit level, given market conditions
• Strong operating cash flow
• Proposed dividend of SEK 3.50 per share to be paid in Q4

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Atlas Copco - Q3 results 2020

Q3 figures in summary

• Orders received were 24 246 (27 102), organic decline of 6%
• Revenues were MSEK 24 849 (26 676), organic decline of 2%
• Adjusted operating profit at MSEK 5 021 (5 880), margin of 20.2% (22.0)
• • Items affecting comparability of MSEK -261(-37)
  • Reported operating profit decreased to MSEK 4 760 (5 843), margin of 19.2% (21.9)
• Profit for the period was MSEK 3 618 (4 424)
• Basic earnings per share were SEK 2.98 (3.64)
• Operating cash flow was MSEK 5 143 (4 643)
• Return on capital employed was 24% (32)

30 000														30%
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0														0%
Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3
201720172017201720182018201820182019201920192019202020202020

Orders received, MSEK		Revenues, MSEK
Operating margin, %		Adjusted operating margin, %

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Atlas Copco - Q3 results 2020

Orders received - local currency

100 -5-3

30	-7	+3

23	-12	-8

				38	+1	-4
5	-10	-2

		4		-3	+4
September 30, 2020
Share of orders received,	Year-to-date vs.	Last3 months vs.
year-to-date, %	previous year, %	previous year, %

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Atlas Copco - Q3 results 2020