Atlas Copco Half-Year Report 2023

Summary of half-year results Orders received in the first six months of 2023 increased by 12% to MSEK 91 178 (81 389), corresponding to an organic growth of 0%. Acquisitions contributed with 6% and currency had a positive effect of 6%. Revenues increased by 32% to MSEK 83 225 (63 197), corresponding to an 18% organic increase.

Operating profit increased by 28% to MSEK 17 888 (14 028). The operating margin was 21.5% (22.2). Adjusted for items affecting comparability, the margin was 21.8% (21.5). There was a positive impact of changes in exchange rates for the first half-year of MSEK 1 010.

Profit before tax was MSEK 17 681 (13 976), corresponding to a margin of 21.2% (22.1). Profit for the period totaled MSEK 13 469 (10 891). Basic and diluted earnings per share were SEK 2.76 (2.24) and 2.76 (2.23) respectively.
Operating cash flow before acquisitions, divestments and dividends totaled MSEK 7 812 (5 464).