Download presentation
Presentation is loading. Please wait.
1
Atlas Copco Group Q results October 24, 2012
2
Q3 - highlights Good quarter despite softer market Solid profitability
Orders up 1% compared with Q3 2011 Orders for equipment weakened somewhat compared to recent quarters Aftermarket remained on a good level Strong cash flow Continued strong value creation October 24, 2012
3
Orders, revenues and operating margin
Quarterly figures October 24, 2012
4
Q3 - figures in summary Orders received increased to MSEK , organic growth of 1% Revenues up 7% to MSEK , organic growth 6% Operating profit increased to MSEK (4 800), a margin of 22.3% (23.1) Includes items affecting comparability of MSEK +68 (+134). Adjusted operating margin at 22.0% (22.5) Profit before tax at MSEK (4 703) Basic earnings per share SEK 2.87 (2.96) Operating cash flow at MSEK (2 125) Includes divestment of financial assets of approx. MSEK 1 400 October 24, 2012
5
Orders received - local currency
100 +6 +4 29 +3 -2 20 +4 +7 22 -2 +2 12 +13 +10 10 +13 +3 7 +24 +13 September 2012 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % C = Last 3 months vs. previous year, % A B C October 24, 2012
6
Q3 - the Americas Healthy demand in North America
Orders received increased for compressors Lower order intake for mining equipment Small order growth year-on-year in South America Lower order volumes sequentially for mining and rock excavation equipment 20 +4 +7 10 +13 +3 September 2012 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % C = Last 3 months vs. previous year, % A B C October 24, 2012
7
Q3 - Europe and Africa/Middle East
Orders received decreased in Europe Negative trend in most countries Healthy order intake for compressors Increased order intake in Africa / Middle East Healthy level of business for all business areas 29 +3 -2 12 +13 +10 September 2012 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % C = Last 3 months vs. previous year, % A B C October 24, 2012
8
Q3 - Asia and Australia Mixed development in Asia
Orders increased year-on-year, but decreased somewhat sequentially Good development in South East Asia and South Korea China orders on good level, but slightly lower than Q2 Order growth vs. Q in Australia Orders declined sequentially 22 -2 +2 7 +24 +13 September 2012 A = Share of orders received, year-to-date, % B = Year-to-date vs. previous year, % C = Last 3 months vs. previous year, % A B C October 24, 2012
9
Organic* growth per quarter
Atlas Copco Group, continuing operations Change in orders received in % vs. same quarter previous year *Volume and price October 24, 2012
10
Atlas Copco Group – sales bridge
October 24, 2012
11
Revenues per business area
Atlas Copco Group Revenues per business area Construction Technique 14% Compressor Technique 38% Mining and Rock Excavation Technique 37% 11% Industrial Technique 12 months until September 2012 October 24, 2012
12
Compressor Technique Healthy level of order intake
Improvement for gas and process compressors Growth in aftermarket Operating margin at 24.0% (24.1) Supported by currency Acquisition of nitrogen and oxygen generator business October 24, 2012
13
Industrial Technique Weaker demand for tools and assembly systems than in recent quarters The aftermarket continued to grow Operating margin at 21.0% (21.9) Negatively impacted by currency October 24, 2012
14
Mining and Rock Excavation Technique
Lower order volumes for mining and rock excavation equipment Strong demand for service and parts Customers cautious in replenishing consumables inventory Operating margin at 24.5% (25.6) Negatively impacted by currency October 24, 2012
15
Construction Technique
Weaker demand for equipment Weak Europe, good North America Healthy aftermarket Operating margin at 11.5% (11.8) MSEK 30 in restructuring costs in Q – adjusted margin 12.8% Reorganization of production in Karlskrona affects 78 employees October 24, 2012
16
Group total July – September 2012 vs. 2011 October 24, 2012
17
Profit bridge July – September 2012 vs. 2011 October 24, 2012
18
Profit bridge – by business area
July – September 2012 vs. 2011 October 24, 2012
19
Balance sheet October 24, 2012
20
Cash flow October 24, 2012
21
Near-term outlook The overall demand for Atlas Copco’s products and services is expected to decrease somewhat. October 24, 2012
23
October 24, 2012
24
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.” October 24, 2012
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.