Gunnar Brock comments on Atlas Copco's Q2 results


Gunnar Brock comments on Atlas Copco's Q2 results

Stockholm, Sweden, July 16, 2007: Atlas Copco today reported its best quarter
ever, with continued double-digit growth in all regions and record profit.

“Our record performance manifests the strength of our three business areas,”
says Gunnar Brock, President and CEO. “They all have very solid market positions
and highly profitable growth strategies in place."

Atlas Copco has now achieved 21 consecutive quarters with organic growth. "We
expect that demand from most customer segments will remain at the current high
level in the near term.”

Atlas Copco's revenues increased 28% to MSEK 15 985, corresponding to an organic
growth of 20%. The operating profit was up 30% to MSEK 3 037, corresponding to a
margin of 19.0% (18.8). “For the first time ever, our operating profit has
exceeded 3 billion SEK.”

During the quarter, Atlas Copco finalized the acquisitions of Dynapac, a leading
supplier of compaction and paving equipment for road development, and ABAC, a
manufacturer of piston compressors for the small and medium sized industrial
market, and for the automotive aftermarket.

Whilst selective acquisitions are an integral part of the Group's growth
strategy, the main focus is on organic growth. New products and solutions are
continuously introduced to the market. Recently, Atlas Copco launched a new
range of oil-free compressors for outdoor usage, the largest volume-produced
hydraulic breaker in the world and a new generation of electric nutrunners, with
higher speed and torque than the previous generation. “These, and all other
product introductions we make, are a result of dedicated investments to increase
our customers' productivity.”

In order to meet anticipated future demand growth, and to improve efficiency,
Atlas Copco has decided to invest in increased production capacity both in the
Compressor Technique and Construction and Mining Technique business areas.

Atlas Copco is a world leading provider of industrial productivity solutions.
The products and services range from compressed air and gas equipment,
generators, construction and mining equipment, industrial tools and assembly
systems, to related aftermarket and rental. In close cooperation with customers
and business partners, and with more than 130 years of experience, Atlas Copco
innovates for superior productivity. Headquartered in Stockholm, Sweden, the
Group's global reach spans more than 150 markets. In 2006, Atlas Copco had 25
900 employees and revenues of BSEK 51 (BEUR 5.6). Learn more at
www.atlascopco.com.

For further information please contact:
Daniel Frykholm, Media Relations Manager 
+46 (0)8 743 8060 or +46 (0)708 65 8060

Attachments

07162058.pdf