Atlas Copco: Profits up in Q2


STOCKHOLM, Sweden, July 17, 2003 (PRIMEZONE) -- Atlas Copco (Other OTC:ATLKY) Interim report at June 30, 2003 (unaudited):

- Profits up in Q2

- Order volumes down 1%, 11% negative currency translation effect.

- Revenue volume up 1%. . Profit after financial items increased to MSEK 1,212 (1,074) in spite of MSEK 275 in negative currency impact.

- Operating margin reached 11.7% (10.8), steady improvement in Rental Service.

- Earnings per share were SEK 3.87 (3.22).

- Operating cash flow remained strong at MSEK 1,424 (1,029).

For further information Atlas Copco AB (publ) 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

Media Annika Berglund, Senior Vice President Group Communications Phone: +46 8 743 8070, Mobile: +46 70 322 8070 annika.berglund@se.atlascopco.com

Analysts Mattias Olsson, Investor Relations Manager Phone: +46 8 743 8291, Mobile: +46 70 518 8291 mattias.olsson@se.atlascopco.com

Presentations from Atlas Copco For your convenience, a PowerPoint presentation of Atlas Copco's quarterly results will be published on www.atlascopco-group.com, Investor Relations, Presentations.

Interim report at September 30, 2003 The third quarter report will be published on October 23, 2003.

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/07/17/20030717BIT00270/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2003/07/17/20030717BIT00270/wkr0002.pdf

The full report



            

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