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Atlas Copco AB (ATCOb.ST)

ATCOb.ST on Stockholm Stock Exchange

312.40SEK
13 Dec 2017
Change (% chg)

-5.90kr (-1.85%)
Prev Close
318.30kr
Open
317.20kr
Day's High
317.20kr
Day's Low
311.50kr
Volume
638,085
Avg. Vol
815,716
52-wk High
339.00kr
52-wk Low
243.40kr

Latest Key Developments (Source: Significant Developments)

Atlas Copco to buy Swedish mining intelligence business
Thursday, 8 Jun 2017 02:30am EDT 

June 8 (Reuters) - Atlas Copco Ab :Says to acquire Swedish mining intelligence business.Says has agreed to acquire part of Mobilaris MCE AB, a Sweden-based company that provides advanced software that optimizes underground mining operations.Says to acquire 34 pct of Mobilaris MCE, based in Luleå, Sweden, a business that currently is part of Mobilaris AB. The business has about 20 employees and had revenues in 2016 of about MSEK 30 (MUSD 3.5).Says the purchase price is not material relative to Atlas Copco's market capitalization and is not disclosed.  Full Article

Atlas Copco wins mining equipment orders from Hindustan Zinc
Friday, 5 May 2017 02:32am EDT 

May 5 (Reuters) - Atlas Copco Ab :Atlas copco wins orders from Hindustan Zinc to enhance mining operations.Orders from Hindustan Zinc in India for equipment that will make the mining company’s operations take a leap forward in efficiency and become more digitalized.Says orders total MEUR 24 (msek 230) and were received in first and second quarters of 2017..  Full Article

Metso appoints Nico Delvaux as President and CEO
Wednesday, 3 May 2017 01:36am EDT 

May 3 (Reuters) - METSO OYJ ::REG-NICO DELVAUX APPOINTED PRESIDENT AND CEO OF METSO CORPORATION.APPOINTED NICO DELVAUX PRESIDENT AND CEO OF METSO, EFFECTIVE AT BEGINNING OF NOVEMBER 2017 AT LATEST.METSO OYJ - NICO DELVAUX IS CURRENTLY SENIOR EXECUTIVE VICE PRESIDENT FOR ATLAS COPCO AB.DELVAUX IS CURRENTLY SENIOR EXECUTIVE VICE PRESIDENT FOR ATLAS COPCO AB AND BUSINESS AREA PRESIDENT FOR COMPRESSOR TECHNIQUE.  Full Article

Atlas Copco says head of compressor technique unit to resign
Tuesday, 2 May 2017 09:45am EDT 

May 2 (Reuters) - Atlas Copco Ab :Nico Delvaux, president of the compressor technique business area, will leave atlas copco.Nico Delvaux, President of the Compressor Technique business area, has decided to take on a position outside Atlas Copco.His last day with Atlas Copco will be latest November 1, 2017.The recruitment of Nico Delvaux’s successor will start immediately.  Full Article

Ronnie Leten to be chair mining unit split from Atlas
Wednesday, 26 Apr 2017 10:00am EDT 

April 26 (Reuters) - Atlas Copco Ab :Ronnie Leten to be chair of the new company that Atlas Copco will dividend out in 2018.The board announced in Jan it will prepare a proposal to the Annual General Meeting 2018 to split the Group into two companies; Atlas Copco, focused on industrial customers, and a unit focused on mining and civil engineering customers..  Full Article

Atlas Copco to acquire pump rental business Itubombas in Brazil
Friday, 21 Apr 2017 02:30am EDT 

April 21 (Reuters) - Atlas Copco Ab ::Atlas Copco to acquire pump rental business in Brazil.Purchase price is not material relative to Atlas Copco's market capitalization and is not disclosed.Itubombas will become part of specialty rental division in Atlas Copco's construction technique business area.  Full Article

Atlas Copco buys Brazilian compressor manufacturer Pressure Compressores
Tuesday, 4 Apr 2017 02:30am EDT 

Atlas Copco AB : Atlas Copco to acquire Brazilian compressor manufacturer Pressure Compressores Ltda . Says it has about 150 employees and had revenues in 2016 of about MBRL 50 (msek 145) . Says acquisition is expected to be completed during the second quarter of 2017 .Says purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.  Full Article

Atlas Copco appoints Henrik Elmin as new head of Industrial Technique unit
Monday, 20 Mar 2017 03:30am EDT 

Atlas Copco AB : Atlas Copco appoints Henrik Elmin president of Industrial Technique business area .Says he is currently president of Industrial Technique service division in same business area.  Full Article

Atlas Copco wins orders worth SEK 115 mln in Colombia
Friday, 17 Mar 2017 03:30am EDT 

Atlas Copco AB : Says wins orders for key Colombian road projects .Says colombian construction companies that are part of 4G program placed orders totaling musd 13 (msek 115) for atlas copco equipment..  Full Article

Atlas Copco enters into joint ventures with China's Hongwuhuan Group
Thursday, 2 Mar 2017 02:45am EST 

Atlas Copco AB : Atlas Copco strengthens China presence through joint ventures with Hongwuhuan Group . Says entered into two joint ventures with Hongwuhuan Group to develop, manufacture and sell equipment for the Chinese mining and civil engineering market . Says business will become part of Atlas Copco's surface and exploration drilling division in mining and rock excavation technique business area .Hongwuhuan Group, which manufactures drilling equipment and other machines, has more than 1,500 sales outlets and dealers across China..  Full Article

Atlas Copco boosts expectations for Nordic industrials with strong third quarter

STOCKHOLM Engineering group Atlas Copco reported surprisingly high profitability on Wednesday and said demand for vacuum equipment and mining gear drove its third-quarter order intake above market forecasts.