Atlas Copco Interim report at June 30, 2004 (unaudited) -- Strong sales and profit growth


STOCKHOLM, Sweden, July 16, 2004 (PRIMEZONE) -- Atlas Copco:

- Order volumes up 11%, 4% negative currency translation effect.

- Revenues reached MSEK 12 079 (11 148), up 10% in volume.

- Operating profit margin increased to 13.3% (11.7).

- Profit after financial items increased 25% to MSEK 1 518 (1 212).

- Net profit increased to MSEK 1 014 (810).

- Earnings per share was SEK 4.84 (3.87).

- Operating cash flow totaled MSEK 821 (1 424).

- Decision to divest the professional electric tool business.

For further information

Atlas Copco AB SE-105 23 Stockholm, Sweden Phone: +46-8-743 8000, Fax: +46-8-644 9045 Internet: www.atlascopco-group.com Corp. id. no: 556014-2720

Analysts

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

Media

Cathrine Gustafsdahl, Communications Manager, Phone: +46 8 743 8074 Mobile: +46 70 349 8074

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/07/16/20040716BIT20330/wkr0001.pdf

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