Atlas Copo reported mixed Q3 18 results, including solid profitability (EBIT margin at 22%) and cash flow generation and an organic revenue growth of 6%. But demand was unexpectedly weak (-1% organic decline), led by poor demand in equipment from semiconductors and panel display customers that had been one of the main growth drivers in the past two years. Therefore, visibility is now more limited on the short-term growth potential for the company.
23 Oct 2018
Unexpected weak equipment demand in Q3 from semiconductor customers
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Unexpected weak equipment demand in Q3 from semiconductor customers
Atlas Copco AB Class A (ACO4:FRA) | 0 0 0.0%
- Published:
23 Oct 2018 -
Author:
Lionel Pellicer -
Pages:
3
Atlas Copo reported mixed Q3 18 results, including solid profitability (EBIT margin at 22%) and cash flow generation and an organic revenue growth of 6%. But demand was unexpectedly weak (-1% organic decline), led by poor demand in equipment from semiconductors and panel display customers that had been one of the main growth drivers in the past two years. Therefore, visibility is now more limited on the short-term growth potential for the company.