Main facts: Atlas Copco reported new orders at MSEK 24721 in Q116, unchanged organically, and negatively impacted by weak mining activity. The company reported growth in services in all business areas, except in Mining and Rock Excavation, while order intake for equipment was slightly lower. Revenue decreased by 3% organically to MSEK 23137 (vs SEK24745m) while the adjusted operating margin reached 18% vs 19.3% in Q115, also negatively impacted by Mining. The Q116 EPS was SEK 2.39 (vs 2.66 la
27 Apr 2016
Margin slightly disappointing as Mining weighs
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Margin slightly disappointing as Mining weighs
Atlas Copco AB Class A (ACO4:FRA) | 0 0 0.0%
- Published:
27 Apr 2016 -
Author:
Lionel Pellicer -
Pages:
2
Main facts: Atlas Copco reported new orders at MSEK 24721 in Q116, unchanged organically, and negatively impacted by weak mining activity. The company reported growth in services in all business areas, except in Mining and Rock Excavation, while order intake for equipment was slightly lower. Revenue decreased by 3% organically to MSEK 23137 (vs SEK24745m) while the adjusted operating margin reached 18% vs 19.3% in Q115, also negatively impacted by Mining. The Q116 EPS was SEK 2.39 (vs 2.66 la