Atlas Copco reports company’s best quarter ever
| October 04, 2007 |
Atlas Copco reported continued double-digit growth in all regions and record profit for the last quarter, the company’s best ever.
Atlas Copco has now achieved 21 consecutive quarters with organic growth. The company’s revenues increased 28 percent to MSEK 15 985, corresponding to an organic growth of 20 percent. The operating profit was up 30 percent to MSEK 3 037, corresponding to a margin of 19 percent (18.8).
During the quarter, Atlas Copco finalized the acquisitions of Dynapac, a supplier of compaction and paving equipment for road development, and ABAC, a manufacturer of piston compressors for the small and medium sized industrial market and for the automotive aftermarket.