- Order intake for Atlas Copco significantly declined compared to a strong Q2 in 2008, down 37% organically, as demand remained low across all regions and business areas.
- Revenues were down 27% organically while operating profit declined to MSEK 2,066 from MSEK 3,630 the previous year. Adjusted operating margin was 14.4% due to cost reductions and currency effects.
- Near-term outlook expects demand to remain weak across most industries and regions around current levels due to continued economic uncertainty.
6. Orders received - Local currency June 2009 Group total -37% YTD (-35 excl. cancellations) , -37% last 3 months (Structural change 0% YTD, 0% last 3 months) A = Portion of sales, Year-to-date, % B = Year-to-date vs. prev. year, % 16 -49 -46 37 -39 -38 12 -31 -40 22 -28 -29 5 -24 -20 8 -31 -27 A B C A = Portion of sales, Year-to-date, % B = Year-to-date vs. prev. year, % C = Last 3 months vs. prev. year, %
22. Profit Bridge April – June, 2009 vs 2008 One-time items include restructuring costs as well as reversal of previous year’s one-time items.
23. Profit Bridge – by Business Area April– June, 2009 vs 2008 One-time items include restructuring costs in all three business areas as well as reversal of previous year’s one-time items.