Atlas Copco: Profit Increased in Spite of Weaker Demand


STOCKHOLM, Sweden, April 28, 2003 (PRIMEZONE) -- Atlas Copco (Other OTC:ATLKY):

Interim report at March 31, 2003 (unaudited)

- Profit increased in spite of weaker demand

- Order volumes down 1%, 11% negative currency translation effect.

- Profit after financial items amounted to MSEK 956 (912), or 9.2% (7.8).

- Operating profit margin increased to 10.3% (10.0).

- Earnings per share increased 8% to SEK 3.03 (2.80).

- Operating cash flow totaled MSEK 1,191 (1,523).


For further information
Media: Annika Berglund, Senior Vice President Group Communications
Phone: +46 8 743 8070 Mobile: +46 70 322 8070
annika.berglund@se.atlascopco.com

Analysts: Mattias Olsson Investor Relations Manager
Phone: +46 8 743 8291 Mobile: +46 70 518 8291 
mattias.olsson@se.atlascopco.com

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/04/28/20030428BIT00420/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2003/04/28/20030428BIT00420/wkr0002.pdf

The full report