Ronnie Leten comments on Atlas Copco’s Q1 results

Stockholm, Sweden, April 27, 2012: Atlas Copco today reported continued strong
order growth for the first quarter and said near-term demand is expected to
remain at the current high level.
Orders received increased 10% organically to MSEK 24 827 while revenues grew 17%
organically to MSEK 22 254. The operating profit was MSEK 4 604 (3 987),
corresponding to a margin of 20.7% (21.9).

“We achieved good growth despite
the mixed market conditions and are very pleased with the development and value
creation in the Group,” said Ronnie Leten, President and CEO of the Group. “We
strengthened our presence further during the quarter and will continue our
efforts to increase market penetration.”

Atlas Copco has recently established
new customer centers in Mozambique and Senegal, meaning the Group now has own
operations in 89 countries. During the first quarter, six acquisitions were
completed. Other notable events include one of the company’s largest-ever orders
for mining equipment in South Africa.

“Atlas Copco has had significant
success in the mining industry during the quarter. We are also very proud of the
achievements in the motor vehicle industry, where order intake exceeded our
expectations,” Ronnie Leten said.

In the near term, the overall demand for
Atlas Copco’s products and services is expected to remain at the current high
level.

“We have done a lot to create our own opportunities for growth,”
Ronnie Leten said. “The recent acquisitions have broadened our offering and in
the past year alone, we introduced hundreds of new products. This is improving
customer efficiency, driving demand and supporting Atlas Copco’s continued
strong development.”
For further information please contact:
Daniel Frykholm, Media Relations
Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060
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
2011, Atlas Copco had 37 500 employees and revenues of BSEK 81 (BEUR 9). Learn
more at www.atlascopco.com.