Ronnie Leten comments on Atlas Copco’s Q1 results


Stockholm, Sweden, April 29, 2013: Atlas Copco today reported a stable order
level compared with the previous three months, and said near-term demand is
expected to remain at the current level.
Orders received decreased 11% organically from a year earlier to MSEK 21 008
while revenues were down 5% organically to MSEK 20 227. The operating profit was
MSEK  4 156 (4 614), corresponding to a margin of 20.5% (20.7).

“Demand for our equipment weakened somewhat as the mining sector and much of the
European region continued to struggle,” said Ronnie Leten, President and CEO of
the Atlas Copco Group. “The industrial segments performed well, notably in North
America, as did our service business overall.”

During the first quarter, Atlas Copco completed two acquisitions, one in China
and one in France, and announced an agreement to acquire a tools business in the
U.S. Atlas Copco also inaugurated new manufacturing sites in China and India.
Other notable events include that the company celebrated 140 years of
sustainable productivity since the company’s foundation in 1873.

“We continue to strengthen our presence in all regions and broadening our
product offering,” Ronnie Leten said. “New equipment includes a break-through
compressor that cuts energy consumption in up to half and will set a new
standard for years to come, as well as a new exploration drilling rig designed
for high productivity.”

In the near term, the overall demand for Atlas Copco’s products and services is
expected to remain at the current level.
For further information please contact:
Ola Kinnander, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 347 2455
Atlas Copco discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act.

Atlas Copco is an industrial group with world-leading positions in compressors,
expanders and air treatment systems, construction and mining equipment, power
tools and assembly systems. With innovative products and services, Atlas Copco
delivers solutions for sustainable productivity. The company was founded in
1873, is based in Stockholm, Sweden, and has a global reach spanning more than
170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of
BSEK 90.5 (BEUR 10.5). Learn more at www.atlascopco.com.

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