Ronnie Leten comments on Atlas Copco’s Q1 2016

Stockholm, Sweden, April 26, 2016: Atlas Copco, a leading provider of
sustainable productivity solutions, today reported stable order intake supported
by a strong vacuum business while the mining business continued to be weak. The
overall near-term demand for the Group is expected to remain at current level.
Orders received in the first quarter were MSEK 24 721 (25 470), negatively
affected by currency. Segments such as vacuum solutions showed healthy demand,
while order volumes were largely unchanged for industrial compressors and
negative for products such as surface drill rigs. The service business remained
robust and grew for all the businesses except mining. Overall, Asia and Europe
improved while orders were lower in South America and in Africa/Middle East.
North America remained unchanged. Revenues decreased 3% organically to MSEK
23 137, and the operating profit reached MSEK 4 170, corresponding to a margin
of 18.0% (18.3).

“The market conditions for equipment investments are difficult in many segments,
while our service business continued to grow,” said Ronnie Leten, President and
CEO of the Atlas Copco Group.

Atlas Copco was again recognized as the world’s most sustainable machinery
company by the annual Global 100 list. Innovative products launched include
energy-saving vacuum pumps, an ergonomic impact wrench for vehicle service
applications, high-precision concrete sprayers for underground projects, and
fuel efficient portable compressors.

“Supporting customers to become more competitive through innovative solutions is
our passion,” Ronnie Leten said. “We continue to increase our presence and
expand into adjacent businesses.”

Atlas Copco has made five years acquisitions year to date. The Group acquired
Italian compressor manufacturer FIAC and Italian pump company Varisco. Atlas
Copco also acquired compressor distributors Scales Industrial Technologies in
the United States and Air et Fluides Lyonnais in France, as well as U.S. vacuum
pumps business Capitol Research Equipment.
For more information please contact:
Mattias Olsson, Vice President Investor Relations
+46 8 743 8295 or +46 72 729 8295
ir@se.atlascopco.com
Ola Kinnander, Media Relations Manager
+46 8 743 8060 or +46 70 347 2455
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 sustainable productivity solutions.
The Group serves customers with innovative compressors, vacuum solutions and air
treatment systems, construction and mining equipment, power tools and assembly
systems. Atlas Copco develops products and services focused on productivity,
energy efficiency, safety and ergonomics.  The company was founded in 1873, is
based in Stockholm, Sweden, and has a global reach spanning more than 180
countries. In 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than
43 000 employees. Learn more at
www.atlascopcogroup.com (http://www.atlascopco.com).