Atlas Copco Q2 2016 report
Published by Joseph Green,
Editor
World Cement,
- Orders decreased 3% to MSEK 25 934 (26 775), organic decline of 1%.
- Revenues were MSEK 25 438 (26 111), unchanged organically.
- Adjusted operating profit was MSEK 4 822 (5 162), corresponding to a margin of 19.0% (19.8).
- Reported operating profit was MSEK 4 775 (5 072), including items affecting comparability of MSEK -47 (-90), corresponding to a margin of 18.8% (19.4).
- Profit before tax amounted to MSEK 4 420 (4 850).
- Profit for the period was MSEK 3 188 (3 651).
- Basic earnings per share were SEK 2.62 (3.00).
- Operating cash flow at MSEK 3 487 (3 481).
The overall demand for the Group is expected to remain at current level.
Adapted from press release by Joseph Green
Read the article online at: https://www.worldcement.com/europe-cis/18072016/atlas-copco-q2-2016-report-545/
You might also like
The World Cement Podcast - What's next for US Cement?
In this episode of the World Cement Podcast, we are joined by Mike Ireland, President and CEO of the ACA or American Cement Association. Listen in as Mike and David dive into a range of topics, including the ACA’s recent rebranding efforts, decarbonisation, policy and legislation, and the impact of AI on cement demand.
Tune in to the World Cement Podcast on your favourite podcast app today.