The 2020 Mid-Year Economic Update_long

Atlas Copco’s Sales Rise 12% in 4Q

Annual sales rose 11 percent.

Swedish manufacturer Atlas Copco (STO: ATCOA, ATCOB), Nacka, Sweden, reported that annual revenues rose 11 percent to SEK 97.1 billion (US$10.7 billion). Profit for the year was SEK 20.8 billion (US$2.3 billion).

Fourth-quarter revenues rose 12 percent to SEK 25.3 billion (US$2.8 billion). Profit was SEK 5.9 billion (US$650 million).

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