Atlas Copco: Interim Report at March 31, 2007.STOCKHOLM, Sweden -- Atlas Copco Interim report at March 31, 2007 (unaudited) Record earnings and accelerated growth * Focused growth strategy delivers double-digit growth in all regions. * 24% organic order growth. * 20th consecutive quarter with organic growth. * Revenues reached MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 13 390 (11 948), organic growth 17%. * Operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. was MSEK 2 541 (2 096), a margin of 19.0% (17.5). * Profit before tax increased 22% to MSEK 2 477 (2 032). * Profit for the period was MSEK 1 826 (1 786). - Profit from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the increased 21% to MSEK 1 773. * Basic and diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of were SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.98 (2.83). - Basic earnings per share from continuing operations were SEK 2.89 (2.32). * Operating cash flow Operating cash flow Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. for continuing operations was MSEK 845 (711). * Acquisition of Dynapac, expanding presence in the road development market.
MSEK January- March
2007 2006 %
Orders received 16 120 13 699 +18
Revenues 13 390 11 948 +12
Operating profit 2 541 2 096 +21
- as a percentage of revenues 19.0 17.5
Profit before tax 2 477 2 032 +22
- as a percentage of revenues 18.5 17.0
Profit from continuing operations 1 773 1 463 +21
Profit from discontinued operations, net of tax 53 323
Profit for the period 1) 1 826 1 786
Basic earnings per share
from continuing operations, SEK 2.89 2.32 +25
Basic and diluted earnings per share, SEK 1) 2.98 2.83
1)Including discontinued operations Discontinued operations Divisions of a business that have been sold or written off and that no longer are maintained by the business. . Near-term demand outlook The demand for Atlas Copco's products and services, from most customer segments such as mining, construction and the manufacturing and process industries, is expected to remain at the current high level. This information was brought to you by Cision http://newsroom.cision.com |
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