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