Atlas Copco AB's Atlas Copco Customer Finance Sells Portfolio of Financing and Leasing Contracts

Monday, 20 Aug 2012 08:00am EDT 

Atlas Copco AB announced that Atlas Copco Customer Finance has sold a portfolio of financing and leasing contracts, related to customer financing, to an independent bank. The value of the portfolio amounts to approximately SEK 1,400 million, and a book profit of approximately SEK 100 million related to the transaction will be reported in the third quarter of 2012. The gain from the transaction will be reported as operating profit in Common Group Functions/Eliminations. 

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