Atlas Copco interim report at June 30, 2009

Atlas Copco interim report at June 30, 2009 

(this interim report has not been audited by the company's auditors)


Strong cash flow in tough market conditions 
• Organic order intake declined 37%.
- Low demand for equipment, but order cancellations have stopped.
- Aftermarket products and services held up well.
• Revenues decreased 14% to MSEK 16 155 (18 884), organic decline 27%.
• Operating profit at MSEK 2 066 (3 630), a margin of 12.8% (19.2).
- Includes restructuring costs of MSEK 259, adjusted operating margin 14.4%. 
- Positive net currency effect of MSEK 400 compared to previous year.
• Profit before tax amounted to MSEK 1 943 (3 354).
• Profit for the period was MSEK 1 468 (2 463). 
• Basic and diluted earnings per share were SEK 1.20 (2.01). 
• Strong operating cash flow at MSEK 2 492 (396).

Near-term demand outlook
The demand is expected to remain weak in most industries and regions and stay
around the current level. 

Update on measures to adapt capacity and costs
The actions to adapt capacity and costs to the weak business environment
continued in the quarter. The number of employees was reduced by close to 1 600
in total, and MSEK 259 in restructuring costs were charged to the result. The
number of employees compared to September 2008 has been reduced by 5 440 and a
total of MSEK 747 has been charged as restructuring cost. These measures
correspond to more than MSEK 2 000 in annual savings.

Analysts
Ingrid Andersson, Investor Relations Manager, 
Phone: +46 8 743 8290 or +46 70 497 8290 ir@se.atlascopco.com

Media
Daniel Frykholm, Media Relations Manager
Phone: +46 8 743 8060 or +46 70 865 8060
media@se.atlascopco.com

Atlas Copco discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. 

Atlas Copco is a world leading provider of industrial productivity solutions.
The products and services range from compressed air and gas equipment,
generators, construction and mining equipment, industrial tools and assembly
systems, to related aftermarket and rental. In close cooperation with customers
and business partners, and with 136 years of experience, Atlas Copco innovates
for superior productivity. Headquartered in Stockholm, Sweden, the Group's
global reach spans more than 160 markets. In 2008, Atlas Copco had 34 000
employees and revenues of BSEK 74 (BEUR 7.7). Learn more at www.atlascopco.com.