SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Atlas Copco exceeds expectations – share price rises

It's going better than expected for the industrial giant Atlas Copco, the annual report shows. The share is rising around three percent.

» Published: January 28 2025

Atlas Copco exceeds expectations – share price rises
Photo: Jonas Ekströmer/TT

Atlas Copco, which is also a major supplier of vacuum technology to IT giants, made an operating profit of 10.0 billion kronor for the fourth quarter, compared to a profit of 9.1 billion kronor for the same period in 2023.

The stock analysts had on average expected an operating profit of 9.7 billion, according to Bloomberg's forecast compilation.

The board proposes that the dividend to shareholders be increased by 20 öre to 3 kronor per share.

Revenues were record-high, according to the financial report, up two percent to 46 billion kronor compared to the same period in 2023. The order intake also increased, by nearly 3 billion to 39.7 billion kronor.

In a crystal ball gaze, the company management expects customer activity, in the short term, to remain at current levels.

Tags

TTT
By TTThis article has been altered and translated by Sweden Herald
Loading related posts...