Hesitant customers are an effect of the war, according to Vagner Rego. Financially, the impact on Atlas Copco has been limited so far.
“However, given the uncertainties, it is very difficult to predict potential indirect effects,” he writes in a comment.
Customer activity was high during the quarter, “primarily driven by higher demand for vacuum equipment,” according to Rego.
Adjusted operating profit fell to 8.3 billion from 8.6 billion in the corresponding quarter last year. Expectations were 8.5 billion, according to Bloomberg.
Order intake fell 3 percent, while revenue fell 5 percent.
The stock is down 2.5 percent on the stock exchange.
