STOCKHOLM, Sweden, April 27, 2005 (PRIMEZONE) -- Atlas Copco: (unaudited)
Strong growth and record profit margins
- Orders received up 17%, corresponding to volume growth of 8%.
- Revenues reached MSEK 11 168 (9 595), up 10% in volume.
- Operating profit margin increased to 15.6% (13.8).
- Expected capital gain from the divestment of the professional electric tools business is not included.
- Profit after financial items increased 35% to MSEK 1 665 (1 231).
- Net profit was MSEK 1 167 (922) and earnings per share SEK 5.55 (4.38).
- Operating cash flow totaled MSEK 685 (862). Net cash flow, after divestments and acquisitions, amounted to MSEK 4 535.
For further information Atlas Copco AB SE-105 23 Stockholm, Sweden Phone: +46 8 743 8000, Fax: +46 8 644 9045 Internet: www.atlascopco-group.com Corp. id. no: 556014-2720
Analysts
Mattias Olsson, Investor Relations Manager, Phone: +46 8 743 8291, Mobile: +46 70 518 8291 ir@se.atlascopco.com
Media
Annika Berglund, Senior Vice President Group Communications, Phone: +46 8 743 8070, Mobile: +46 70 322 8070
Conference call
A conference call to comment on the results will be held at 3:00 PM CET / 9:00 AM EST, on April 27, 2005. The dial-in number is +44 (0)20 7784 1014.
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-group.com/ir A recording of the conference call will be available for 2 days on +44 (0)20 7784 1024 with access code 9028496#.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=92672&fn=wkr0001.pdf