Atlas Copco reported flat orders in Q2 15 (organically but reported +14%), while revenues declined 3% yoy (+11.8% reported) and adjusted operating margin was strong at 19.8% vs 18.8%. The operating cash-flow was also strong at SEK3,481m (vs SEK3,102m). The company's service business continued to grow while demand for Equipment remained mixed and rather low for large equipment.
16 Jul 2015
Robust Q2 margins and reassuring figures in Mining
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Robust Q2 margins and reassuring figures in Mining
Atlas Copco AB Class A (ACO4:FRA) | 0 0 0.0%
- Published:
16 Jul 2015 -
Author:
Lionel Pellicer -
Pages:
2
Atlas Copco reported flat orders in Q2 15 (organically but reported +14%), while revenues declined 3% yoy (+11.8% reported) and adjusted operating margin was strong at 19.8% vs 18.8%. The operating cash-flow was also strong at SEK3,481m (vs SEK3,102m). The company's service business continued to grow while demand for Equipment remained mixed and rather low for large equipment.