Atlas Copco Interim Report At June 30, 2007.STOCKHOLM, Sweden -- Regulatory News: Atlas Copco (STO:ATCOA)(STO:ATCOB) (unaudited) Strong growth and record margins boost profit * Double-digit growth continued in all regions. - 17% organic order growth. - 21st consecutive quarter with organic growth. * Revenues reached MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 15 985 (12 444), organic growth 20%. * Operating profit was MSEK 3 037 (2 337), a margin of 19.0% (18.8). * Profit before tax increased 46% to MSEK 3 215 (2 200). - Capital gain of MSEK 134 related to divestment of shares in RSC RSC Royal Society of Chemistry (UK) RSC Royal Shakespeare Company RSC Responsabilidad Social Corporativa (Spanish: corporate social responsibility) RSC Royal Society of Canada Holdings. * Profit for the period was MSEK 2 377 (2 298). - Profit from continuing operations increased 53% to MSEK 2 377 (1 555). * 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. 1.94 (1.82). - Earnings per share from continuing operations were SEK 1.94 (1.23). * 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 1 232 (964). * Acquisitions of ABAC ABAC APEC (Asian-Pacific Economic Cooperation) Business Advisory Council ABAC Abraham Baldwin Agricultural College ABAC Antiquarian Booksellers Association of Canada ABAC Assumption Business Administration College and Dynapac finalized during the quarter. * Increased investments in production capacity decided. [TABLE OMITTED] 1)Including discontinued operations. For further information Atlas Copco AB SE-105 23 Stockholm, Sweden Phone: +46 8 743 8000, Fax: +46 8 644 9045 Internet: www.atlascopco.com Corp. id. no: 556014-2720 Conference call A conference call to comment on the results will be held at 3:00 PM CEST / 9:00 AM EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT , on July 16. The dial-in number is +44 (0)20 7806 1966 To help ensure that the conference call begins in a timely manner, please dial in 5-10 minutes prior to the scheduled start time. The conference call will be broadcasted live via the Internet. Please see the Investor Relations section of our website for link, presentation material, and further details: www.atlascopco.com/ir A recording of the conference call will be available for 2 days on +44 (0)20 7806 1970 with access code 4602855#. This information was brought to you by Cision http://newsroom.cision.com |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion