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Atlas Copco Group

Atlas Copco Group. Q1 2013 results April 29, 2013. 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

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Atlas Copco Group

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  1. Atlas Copco Group Q1 2013 results April 29, 2013

  2. Q1 in brief Solid demand for service, weaker for equipment • Service business continues to develop well • Equipment demandsomewhatlowersequentially • Stable orders for mostindustrialequipment • Orders decreased for mining equipment • Solid profitability • Atlas Copco 140 years April 29, 2013

  3. 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

  4. Orders received - local currency March 2013 April 29, 2013

  5. Q1 - the Americas • North America • Healthy demand from the manufacturing and construction industries • Lower orders received for mining equipment • Service continuedtogrow • South America • Orders receiveddecreased, primarilyduetolowerdemand for mining equipment March 2013 April 29, 2013

  6. Q1 - Europe and Africa/Middle East • Europe • Orders received increased somewhat sequentially • Improved orders for drilling equipment for mining and tunneling • Strongestgrowth in Germany and Turkey • Africa / Middle East • Higher order intake sequentially • Improvements in Southern Africa and the MiddleEast March 2013 April 29, 2013

  7. Q1 - Asia and Australia • Asia • Order intakeslightlyhighersequentially • Strongestgrowth in South EastAsia • Sequentialimprovement in China and India • Australia • Lower demand from the mining industry March 2013 April 29, 2013

  8. 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

  9. Atlas Copco Group – sales bridge April 29, 2013

  10. Atlas Copco Group Revenues per business area ConstructionTechnique 14% CompressorTechnique 39% 37% Mining and Rock ExcavationTechnique 10% Industrial Technique 12 months until March 2013 April 29, 2013

  11. 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

  12. Industrial Technique • Weaker demand • 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

  13. 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

  14. 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

  15. Group total January – March 2013 vs. 2012 April 29, 2013

  16. Profit bridge January – March 2013 vs. 2012 April 29, 2013

  17. Profit bridge – by business area January – March 2013 vs. 2012 April 29, 2013

  18. Balance sheet April 29, 2013

  19. Cash flow April 29, 2013

  20. Near-term outlook The overall demand for the Group’s products and services is expected to remain at the current level. April 29, 2013

  21. April 29, 2013

  22. 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

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