The 2020 Mid-Year Economic Update_long

Atlas Copco Sales Up 15% in 3Q

Organic sales fell 2 percent in third quarter.

Swedish manufacturer Atlas Copco (STO: ATCOA, ATCOB), Nacka, Sweden, reported revenues for the third quarter of SEK 23.6 billion (US$3.3 billion), a 15 percent increase over the same period a year ago. Organic sales declined 2 percent. Profit decreased 6 percent to SEK 2.9 billion (US$403.1 million).

Operating profit margin was negatively affected by impairment of assets, restructuring costs and other items. Compared to the previous year, the order volumes increased for industrial tools and assembly systems and for mining equipment.

For the first nine months, sales were SEK 68.4 billion (US$9.5 billion), up 9 percent year-over-year. Profit fell 6 percent to SEK 11.7 billion (US$1.6 billion).

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.