Atlas Copco fails to meet expectations, reports fourth-quarter profit of SEK 8.3 billion and extra dividend

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Atlas Copco fails to meet expectations, reports fourth-quarter profit of SEK 8.3 billion and extra dividend
Photo: Magnus Hjalmarson Neideman/SVD/TT

In the same period last year, profit was SEK 10.0 billion. The result was slightly worse than equity analysts had expected, according to a Bloomberg compilation. The share is down 3-4 percent.

Revenues fell by 7 percent. Order intake also fell, but this is largely due to the stronger krona.

The board of directors proposes leaving the ordinary dividend unchanged at SEK 3 per share. On top of that, there will be an extra dividend of SEK 2.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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