Atlas Copco’s Capital Markets Day 2011

Atlas Copco’s Capital Markets Day 2011

Stockholm, Sweden, November 29, 2011: Atlas Copco today hosts its annual
capital markets day, taking place in Antwerp, Belgium. The event will
provide an update of the Group’s strategy and market situation, and an
in-depth view of activities in the Compressor Technique business area.

“We have a positive long-term view of the growth prospects for our four
business areas,” said Ronnie Leten, President and CEO of the Atlas Copco
Group. He also confirmed the near-term outlook statement given on
October 21; that overall demand is weakening somewhat from a high level.

“The recent economic uncertainty in the global markets has so far had a
limited impact on demand for Atlas Copco’s products, but we are well
prepared for any situation. We have a strong balance sheet that supports
investments in innovation, geographical presence and our service
business, and we see many possibilities to develop the business also in
a difficult market,” Leten said.

The capital markets day includes presentations by: Ronnie Leten; Chief
Financial Officer Hans Ola Meyer; Compressor Technique President Stephan
Kuhn; Mining and Rock Excavation Technique President Bob Fassl, and
division presidents from the Compressor Technique business area.

Ronnie Leten said developing the service business will remain a focus
area for Atlas Copco. The aftermarket, including service, spare parts
and consumables, currently generates about 40% of Group revenues, or
more than BSEK 30 in the past 12 months.

“We now have 12 000 people working in Atlas Copco’s four dedicated
service divisions – one for each business area. This gives us a stable
revenue stream but also provides a great opportunity to strengthen and
deepen our customer relations, which is a key for the future development
of Atlas Copco,” Leten said.

For further information please contact:
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060

Mattias Olsson, Vice President Investor Relations
+46 (0)8 743 8295 or +46 (0)72 729 8295