Atlas Copco goes from three to four business areas

Atlas Copco goes from three to four business areas

Stockholm, Sweden, April 20, 2011: The Atlas Copco Group has decided to
modify its business area structure to strengthen the focus on specific
product and customer segments. As of July 1, the Group will have four
business areas instead of three, including a dedicated business area for
construction equipment and related services.

Atlas Copco's divisions for portable compressors and generators, road
construction equipment and construction tools will join forces in the
new Construction Technique business area. Divisions with underground and
surface drilling products, crushing, loading and hauling, and
exploration equipment will work under the umbrella of Mining and Rock
Excavation Technique. Both these business areas will create dedicated
service divisions. Compressor Technique will focus on stationary
equipment for air and gas and related service, while Industrial
Technique remains unchanged.

“With more focused business areas, each will have a strong platform from
which they can develop the offering for their customers,” says Ronnie
Leten, President and CEO of the Atlas Copco Group. “The modified
structure also allows us to better capture the sales and service
synergies between our construction businesses and capitalize on the
future growth of construction projects around the world, especially in
emerging markets.”

Atlas Copco will immediately begin recruitment of a president for the
Construction Technique business area. The appointment of a new president
for Mining and Rock Excavation Technique is being announced today,
separately.

Atlas Copco will begin financial reporting under the new structure as of
the third quarter 2011. Pro forma figures for the revenues and
profitability of the four business areas in 2010 are as follows:

                  Compressor Technique  Industrial Technique  Mining and
Rock Excavation Technique  Construction Technique
Revenues, BSEK    30.0                  6.5                   22.5      
                           11.2
Operating margin  ~25%                  19.5%                 ~22%      
                           ~10%

 

For further information please contact:
Jeanette Livijn, Vice President Organizational Development and Human
Resources
+46 (0)8 743 8590 or +46 (0)70 349 9461

Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060