Atlas Copco: Second-quarter report 2023
Solid orders, record revenues and operating profit
The comparison figures presented in this report refer to previous year unless otherwise stated.
Second quarter- Orders received increased 6% to MSEK 43 471 (41 010), organic decline of 5%
- Revenues increased 31% to MSEK 43 364 (33 111), organic growth of 18%
- Operating profit reached MSEK 9 189 (7 279), corresponding to a margin of 21.2% (22.0)
Adjusted operating profit, excluding items affecting comparability, was MSEK 9 488 (7 042), corresponding to a margin of 21.9% (21.3)
Profit before tax amounted to MSEK 9 026 (7 305)
- Basic earnings per share were SEK 1.42 (1.17)
- Operating cash flow at MSEK 2 864 (3 064)
- Return on capital employed was 30% (28)
Near-term demand outlook
Atlas Copco expects that the customer activity level will weaken somewhat compared to the current high level.
Previous near-term demand outlook (published April 27, 2023):
Atlas Copco expects that the underlying customer activity level will remain at the current level.
Quarterly and annual financial data in Excel format can be found at:
https://www.atlascopcogroup.com/en/investor-relations/financial-reports-presentations/latest-results