Atlas Copco Group Q1 2013 results April 29, 2013 1. Committed to sustainable productivity Atlas Copco is an industrial group with world-leading positions in products and services that deliver sustainable productivity. Our business activities are conducted through separate operating divisions that work globally. Wherever we are we strive to ensure reliable, lasting results with responsible use of resources: human, natural and capital. My name is ……………………………… and I am ………………………………………….. I am grateful to meet you here today to tell our story.
Q1 in brief Solid demand for service, weaker for equipment Service business continues to develop well Equipment demand somewhat lower sequentially Stable orders for most industrial equipment Orders decreased for mining equipment Solid profitability Atlas Copco 140 years April 29, 2013
Q1 figures in summary Orders received decreased to MSEK 21 008, organic decline of 11% Revenues decreased by 9% to MSEK 20 227, organic decline of 5% Operating profit decreased to MSEK 4 156 (4 614) Operating margin at 20.5% (20.7) Profit before tax at MSEK 4 045 (4 494) Basic earnings per share SEK 2.46 (2.81) Operating cash flow at MSEK 1 628 (1 441) April 29, 2013
Orders received - local currency 100 -11 31 -1 20 -8 23 12 -21 9 -21 5 -44 March 2013 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % A B April 29, 2013
Q1 - the Americas North America South America Healthy demand from the manufacturing and construction industries Lower orders received for mining equipment Service continued to grow South America Orders received decreased, primarily due to lower demand for mining equipment 20 -8 9 -21 March 2013 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % A B April 29, 2013
Q1 - Europe and Africa/Middle East Orders received increased somewhat sequentially Improved orders for drilling equipment for mining and tunneling Strongest growth in Germany and Turkey Africa / Middle East Higher order intake sequentially Improvements in Southern Africa and the Middle East 31 -1 12 -21 March 2013 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % A B April 29, 2013
Q1 - Asia and Australia Asia Australia Order intake slightly higher sequentially Strongest growth in South East Asia Sequential improvement in China and India Australia Lower demand from the mining industry 23 5 -44 March 2013 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % A B April 29, 2013
Organic* growth per quarter Atlas Copco Group, continuing operations Change in orders received in % vs. same quarter previous year *Volume and price April 29, 2013
Atlas Copco Group – sales bridge April 29, 2013
Revenues per business area Atlas Copco Group Revenues per business area Construction Technique 14% Compressor Technique 39% Mining and Rock Excavation Technique 37% 10% Industrial Technique 12 months until March 2013 April 29, 2013
Compressor Technique Stable order volumes for industrial compressors Service and parts continued to grow Operating margin improved to 22.9% (22.1) Supported by efficiency improvements Launch of break-through energy- efficient compressor April 29, 2013
Industrial Technique Weaker demand Operating margin at 22.3% (24.0) Positive development in North America, negative in Europe and Asia Operating margin at 22.3% (24.0) Affected by lower volumes Acquisitions to broaden the product portfolio April 29, 2013
Mining and Rock Excavation Technique Equipment orders decreased Cautiousness to invest affected demand from mining customers Improvement in civil engineering Good demand level for service and parts Operating margin at 23.4% (24.6) Acquisition of rock drilling tools business in China April 29, 2013
Construction Technique Organic order intake decreased Asia and North America improved Weak demand in Europe Operating margin at 9.5% (10.7) New visual identity for road construction equipment April 29, 2013
Group total January – March 2013 vs. 2012 April 29, 2013
Profit bridge January – March 2013 vs. 2012 April 29, 2013
Profit bridge – by business area January – March 2013 vs. 2012 April 29, 2013
Balance sheet April 29, 2013
Cash flow April 29, 2013
Near-term outlook The overall demand for the Group’s products and services is expected to remain at the current level. April 29, 2013
April 29, 2013
Cautionary Statement “Some statements herein are forward-looking and the actual outcome could be materially different. In addition to the factors explicitly commented upon, the actual outcome could be materially and adversely affected by other factors such as the effect of economic conditions, exchange-rate and interest-rate movements, political risks, the impact of competing products and their pricing, product development, commercialization and technological difficulties, supply disturbances, and major customer credit losses.” April 29, 2013