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Regulatory press release

Atlas Copco Group Interim report on Q4 and full-year summary 2023

Atlas Copco
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Mixed demand, record revenues and cash flow conclude a record year

The comparison figures presented in this report refer to previous year unless otherwise stated.

Fourth quarter
  • Orders received increased 2% to MSEK 36 843 (36 148), organic increase of 1%
  • Revenues increased 12% to MSEK 44 954 (40 054), organic growth of 10%
  • Operating profit reached MSEK 9 086 (7 810), corresponding to a margin of 20.2% (19.5)
─ Adjusted operating profit, excluding items affecting comparability, was MSEK 9 956 (8 029), corresponding to a margin of 22.1% (20.0)
  • Profit before tax amounted to MSEK 8 833 (7 620)
  • Basic earnings per share were SEK 1.39 (1.24)
  • Operating cash flow at MSEK 8 799 (5 930)
  • Return on capital employed was 30% (29)
  • The Board of Directors proposes: 

─ Ordinary dividend for 2023 of SEK 2.80 (2.30) per share, to be paid in two equal installments

Near-term demand outlook
Atlas Copco Group expects that the customer activity level will remain at the current level.

Previous near-term demand outlook (published October 25, 2023):
Atlas Copco Group expects that the customers' activity level will weaken compared to the third quarter.

Quarterly and annual financial data in Excel format can be found at:

https://www.atlascopcogroup.com/en/investor-relations/financial-reports-presentations/latest-results

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