Atlas Copco : Presentation kv 4 Results 2020 Engelska

Q4 results 2020

January 29, 2021

Q4 in brief

• Solid finish to a challenging year
• Organic order growth, year-on-year and sequentially
• Primarily driven by Vacuum and Compressor Technique
• Operating margin at pre-pandemic level
• Strong operating cash flow

2

Atlas Copco - Q4 results 2020

Q4 financials

• Orders received were MSEK 25 868 (25 625), organic growth of 7%
• Revenues were MSEK 25 738 (27 319), organically flat
• Operating profit was MSEK 5 373 (5 627), margin at 20.9% (20.6)
  ‒ Adjusted operating profit at MSEK 5 402 (5 913), margin of 21.0% (21.6)
• Profit for the period was MSEK 4 196 (4 331)
• Basic earnings per share were SEK 3.45 (3.55)
• Operating cash flow increased to MSEK 6 459 (5 084)
• Return on capital employed was 23% (30)

30 000											30%
25 000											25%
20 000											20%
15 000											15%
10 000											10%
5 000											5%
0											0%
Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
2018	2018	2018	2018	2019	2019	2019	2019	2020	2020	2020	2020

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

3

Atlas Copco - Q4 results 2020

The Covid-19 year 2020

• The pandemic affected everything
• • Employees, business partners and societies
• Equipment demand suffered significantly
• • Exception was Vacuum Technique, supported by increased demand from the semiconductor industry
• Service orders flat, despite negative effects of lock-downs
• 12 acquisitions completed
• 12% reduction of CO2 emissions from energy in operations and transport in relation to cost of sales
• Proposed dividend of SEK 7.30 per share to be paid in two installments

4

Atlas Copco - Q4 results 2020