Atlas Copco 7/18/2024 Earnings Report

Atlas Copco EPS Results

• Actual EPS: $0.15
• Consensus EPS: $0.14
• Beat/Miss: Beat by +$0.01
• One Year Ago EPS: N/A

Atlas Copco Revenue Results

• Actual Revenue: $4.19 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Atlas Copco Announcement Details

• Date: 7/18/2024
• Time: TAS
• Conference Call Date: N/A
• Conference Call Time: N/A

Atlas Copco (OTCMKTS:ATLKY) is a Sweden-based industrial group that develops, manufactures and services equipment and solutions for professional customers in a broad range of industries. The company’s core activities center on compressed air and gas systems, vacuum solutions, construction and mining equipment, industrial tools and assembly systems, and power and flow equipment. Products and services span new-equipment sales, aftermarket parts, maintenance and technical support aimed at improving productivity, energy efficiency and safety for industrial operations.

Key product categories include stationary and portable air compressors, air treatment and gas generation systems, industrial vacuum pumps, generators and light towers, drilling rigs and rock excavation equipment for mining and construction, as well as electric and pneumatic tools and automated assembly systems for manufacturing. Atlas Copco also offers digital monitoring and service platforms to support equipment uptime and optimize lifecycle costs, with a sizeable aftermarket and rental offering complementing new sales.

The company serves customers across manufacturing, mining, construction, oil & gas, energy, and the automotive and electronics sectors. Headquartered in Stockholm, Atlas Copco operates worldwide through a global sales, service and manufacturing network, with a presence in a large number of countries to support multinational and local industrial customers. Its operations are organized to deliver both capital equipment and long-term service contracts.

Founded in 1873, Atlas Copco has evolved from a regional engineering firm into a diversified global industrial supplier. The company is publicly listed in Sweden and conducts international listings and ADR programs for investors in other markets, including an OTC listing under the symbol ATLKY. Corporate governance is led by an executive management team and board of directors based at the group’s Stockholm headquarters.