STOCKHOLM, Sweden, Oct. 22, 2004 (PRIMEZONE) -- Atlas Copco:
- Record profit and continued volume growth
- Order volumes up 6%, 4% negative currency translation effect.
- Revenues reached MSEK 12 760 (11 598), up 6% in volume.
- Operating profit margin increased to 15.4% (12.7).
- Profit after financial items increased 35% to MSEK 1 847 (1 368). .
- Net profit increased to MSEK 1 229 (891).
- Earnings per share was SEK 5.86 (4.25).
- Operating cash flow totaled MSEK 1 647 (1 702).
- Agreement to sell electric tools business to Techtronic Industries in Hong Kong.
Conference call A conference call to comment on the results will be held at 2:00 PM CET / 8:00 AM EST, on October 22, 2004. The dial-in number is +44 (0)20 7019 9509. To help ensure that the conference call begins in a timely manner, please dial in 5-10 minutes prior to the scheduled start time. The conference call will be broadcasted live via the Internet. Please see the Investor Relations section of our website for link, presentation material, and further details: www.atlascopco-group.com/ir A recording of the conference call will be available for 2 days on +44 (0) 20 7984 7578 with access code 807757. Interim report at December 31, 2004 The fourth quarter report will be published on February 2, 2005.
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