STOCKHOLM, Sweden, Oct. 24, 2002 (PRIMEZONE) -- Atlas Copco (Other OTC:ATLKF):
Interim report at September 30, 2002 (unaudited)
Stable cash flow at high level
- Goodwill impairment charge of MSEK 6,950, no cash flow effect.
- Order volumes down 1% from Q3 2001, 8% negative currency translation effect.
- Profit after financial items, before impairment charge, was MSEK 1,241 (1,287), or 10.5% (9.9).
- Operating profit margin, before impairment charge, equaled 11.8% (12.5).
- Earnings per share, before impairment charge, were SEK 3.69 (4.06).
- Operating cash flow totaled MSEK 1,645 (1,403), 14% of revenues.
For further information: Media: Annika Berglund, Senior VP 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
Internet site for the Atlas Copco Group www.atlascopco-group.com.
Presentations from Atlas Copco
For your convenience, a PowerPoint presentation of Atlas Copco's third quarter results will be published on www.atlascopco-group.com -- Investor Relations -- Presentations.
Interim report at December 30, 2002 The fourth quarter report will be published February 3, 2003.
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http://www.waymaker.net/bitonline/2002/10/24/20021024BIT00610/wkr0001.doc The full report http://www.waymaker.net/bitonline/2002/10/24/20021024BIT00610/wkr0002.pdf The full report