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Atlas Copco AB (ATCOa.ST)

ATCOa.ST on Stockholm Stock Exchange

282.90SEK
20 Jan 2017
Change (% chg)

4.80kr (+1.73%)
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278.10kr
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277.70kr
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283.50kr
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277.00kr
Volume
1,680,599
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2,020,598
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290.00kr
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171.00kr

Latest Key Developments (Source: Significant Developments)

Atlas Copco plans to sell Dynapac, sees impairment charge of SEK 2 bln
Thursday, 12 Jan 2017 02:30am EST 

Atlas Copco AB : Says plans to divest its road construction equipment business . Says indicative valuations of business show a need for an impairment charge of approximately SEK 2 bln (BEUR 0.2) . Says impairment charge will be included already in group's 2016 accounts . Says reason for planned divestment is that division does not have economies of scale to become number one or two in this market segment .The products are known under the Dynapac trade name.  Full Article

Atlas Copco to acquire German compressor distributor
Wednesday, 7 Dec 2016 02:30am EST 

Atlas Copco Ab : Says to acquire German compressor distributor Kompressoren Druckluft- und Industrietechnik . Says about 10 employees will join Atlas Copco . The parties have agreed not to disclose the purchase price .The acquisition is expected to be completed shortly.  Full Article

Helena Hedblom to head Atlas Copco mining and rock excavation unit
Thursday, 1 Dec 2016 02:35am EST 

Atlas Copco Ab : Atlas Copco appoints Helena Hedblom president of mining and rock excavation technique business area Further company coverage: [ATCOa.ST] (Reporting By Simon Johnson) ((simon.c.johnson@thomsonreuters.com;)).  Full Article

Atlas Copco reiterates near-term demand outlook
Tuesday, 15 Nov 2016 01:30am EST 

Atlas Copco AB : Atlas Copco hosts capital markets day 2016 .Says confirms Atlas Copco's most recent outlook statement, that overall near-term demand for group is expected to remain at current level.  Full Article

OC Oerlikon Corporation completes sale of Vacuum Segment
Thursday, 1 Sep 2016 01:39am EDT 

OC Oerlikon Corporation AG Pfaeffikon : In 2016 full-year financial statements, Vacuum Business will be reported under discontinued operations .Expects net cash impact of around 330 million Swiss francs ($335.64 million) after closing vacuum segment sale to Atlas Copco and tax costs and result from discontinued operations in 2016 income statement to be approx. 280 million francs.  Full Article

Atlas Copco to buy Chinese self-pierce riveting business
Friday, 26 Aug 2016 02:30am EDT 

Atlas Copco Ab : has agreed to acquire the self-pierce riveting business of Phillip-Tech (Beijing) Co., Ltd . Based in Beijing, with a sales and engineering site in Shanghai, Phillip-Tech has about 45 employees . The company sells self-pierce riveting products and solutions designed by Atlas Copco-owned Henrob .The acquisition is expected to be completed in the fourth quarter 2016.  Full Article

Atlas Copco completes acquisition of South Korean exhaust management company
Friday, 5 Aug 2016 01:15am EDT 

Atlas Copco AB : Completes acquisition of South Korean exhaust management company . Atlas Copco announced on June 1, 2016 the agreement to acquire CSK [ID:nASN0002MH] . CSK has about 400 employees and had revenues in 2015 of BKRW 124.5 (MSEK 870) .The purchase price is BKRW 120 (MSEK 920) before potential adjustment.  Full Article

Outotec: Markku Teräsvasara assumes CEO duties on Oct. 1
Tuesday, 26 Jul 2016 08:00am EDT 

Outotec Oyj : Markku Teräsvasara assumes duties of Outotec's CEO on Oct. 1 .Teräsvasara will transfer to Outotec from Atlas Copco.  Full Article

Atlas Copco Q2 operating profit, order intake beat forecast
Friday, 15 Jul 2016 06:12am EDT 

Atlas Copco AB : Q2 revenues were SEK 25,438 mln vs year-ago 26,111 mln, unchanged organically . Q2 reported operating profit was SEK 4,775 mln vs year-ago 5,072 mln, including items affecting comparability of SEK -47 mln . Q2 adjusted operating profit was SEK 4,822 mln vs year-ago 5,162 mln, corresponding to a margin of 19.0 pct vs year-ago 19.8 pct . Q2 orders decreased 3 pct to SEK 25,934 mln, organic decline of 1 pct . Says overall demand for group is expected to remain at current level near-term . Reuters poll: Atlas copco Q2 order intake seen at 25.3 bln SEK, EBIT at 4.6 bln SEK . Says relatively low activity in construction as well as the closure and downsizing of mines at the end of 2015 and early 2016 impacted the related service business and the order volumes decreased yr/yr . Says demand was solid for industrial compressors and tools . Says relatively low activity in construction business and recent closure and downsizing of mines impacted equipment and service business .Atlas Copco shares rise 2.7 pct after results.  Full Article

Atlas Copco acquires Roxel Rental AS
Monday, 4 Jul 2016 02:37am EDT 

Atlas Copco Ab : Atlas Copco acquires the operating assets of Roxel Rental AS, a supplier of temporary air solutions for the Norwegian offshore industry. . Roxel Rental is based in Stavanger, Norway, and is part of the Roxel Group. . Bought company had revenues in 2015 of about NOK 12 million (EUR 1.3 million). .The parties have agreed not to disclose the purchase price..  Full Article

Atlas Copco to split group, company veteran Rahmstrom named new CEO

STOCKHOLM Sweden's Atlas Copco said it would split into two listed companies in 2018, forming an industrial business and a separate mining and civil engineering firm whose equity would be distributed to the same shareholders.