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    ATCO A   SE0011166610

ATLAS COPCO AB

(ATCO A)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe Europe - 01/26 11:29:45 am
540.6 SEK   +4.77%
08:47aATLAS COPCO GROUP : Interim report on Q4 and full-year summary 2021
AQ
08:47aATLAS COPCO GROUP : Continued high demand, record revenues and operating profit
AQ
03:36aATLAS COPCO : Quarterly Report Q4 2021
PU
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Atlas Copco Sets Science-Based Targets to Cut Greenhouse Gas Emissions

10/29/2021 | 04:24am EST

By Dominic Chopping

STOCKHOLM--Swedish industrial tool maker Atlas Copco AB said Friday that it has set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.

The company said it aims to reduce emissions from its own operations in line with keeping the global temperature rise below 1.5 degrees Celsius, and to reduce emissions from the value chain in line with keeping well below a 2 degree Celsius temperature rise.

The goals are validated by the Science-Based Targets initiative, it added.

"We are significantly raising our climate ambitions by setting absolute reduction goals for the entire value chain," said Chief Executive Mats Rahmstrom.

"The absolute majority of our impact comes from the use of our products and this is where we can make the most impact. We will continue to develop energy-efficient solutions that enable customers all over the world to lower their greenhouse gas emissions."

Atlas Copco's targets will be implemented from 2022, it said.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

10-29-21 0624ET

All news about ATLAS COPCO AB
08:47aATLAS COPCO GROUP : Interim report on Q4 and full-year summary 2021
AQ
08:47aATLAS COPCO GROUP : Continued high demand, record revenues and operating profit
AQ
03:36aATLAS COPCO : Quarterly Report Q4 2021
PU
03:36aATLAS COPCO : Quarterly results presentation Q4 2021
PU
03:36aATLAS COPCO : Presentation kv 4 Results 2021 Engelska
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Analyst Recommendations on ATLAS COPCO AB
More recommendations
Financials
Sales 2021 111 B 11 909 M 11 909 M
Net income 2021 18 288 M 1 964 M 1 964 M
Net Debt 2021 7 037 M 756 M 756 M
P/E ratio 2021 35,8x
Yield 2021 1,47%
Capitalization 629 B 67 881 M 67 574 M
EV / Sales 2021 5,74x
EV / Sales 2022 4,96x
Nbr of Employees 42 066
Free-Float 82,2%
Chart ATLAS COPCO AB
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Technical analysis trends ATLAS COPCO AB
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Last Close Price 540,60 SEK
Average target price 570,79 SEK
Spread / Average Target 5,58%
EPS Revisions
Managers and Directors
Mats Rahmstr÷m President, Chief Executive Officer & Director
Peter Kinnart Chief Financial Officer & Senior Vice President
Hans Torgny Strňberg Chairman
Johan Patrik Lennart Forssell Independent Director
Peter ┼ke Wallenberg Independent Director
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