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Swedish manufacturer Atlas Copco (STO: ATCOA, ATCOB), Nacka, Sweden, reported that second-quarter revenues rose 11 percent to SEK 24.5 billion (US $2.75 billion). Profit was SEK 3.9 billion (US $437 million).
The company said it expects demand from most customer segments to remain high, although it expects equipment demand from the semiconductor industry to be somewhat slower in the near term.