Home Packaging Atlas Copco Group: president and CEO comments on Q2 report

Atlas Copco Group: president and CEO comments on Q2 report

Vagner Rego, President and CEO of Atlas Copco Group, comments on the quarterly report for Q2 that was released today.

by redazione2
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Atlas Copco Group

“The demand for Atlas Copco Group’s products, services and solutions improved significantly, particularly from the semiconductor industry”, said Vagner Rego. “We delivered double-digit order growth in all business areas and saw high activity level among almost all of our customer segments.

The order intake in the second quarter increased 27% to MSEK 50 951 (40 087), an organic increase of 26%. Revenues were MSEK 44 974 (41 210), an organic increase of 8%. Operating profit reached
MSEK 9 249 (8 493), corresponding to a margin of 20.6% (20.6). Adjusted operating profit, excluding items affecting comparability, was MSEK 9 455 (8 411), corresponding to a margin of 21.0% (20.4). Return on capital employed was 24% (26).

I am very proud to see the development during the second quarter. The high demand from our customers reflects their confidence in us and our strong market position. This shows that our investments, both in research and development as well as in acquisitions, continue to pay off.”

In the near term, Atlas Copco Group expects the customer activity to remain at the current level.

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