Swedish supplier Atlas Copco reported sales in the fourth quarter increased 18% on an organic basis and 29% overall.
While all business areas improved their results, it is worth highlighting the remarkable growth in both sales and profit at Construction and Mining Technique,” says President and CEO Gunnar Brock. That area reported order growth of 54% in the quarter, 30% of which was organic.
Demand from all geographical regions and most customer segments increased in the fourth quarter, with organic growth in emerging market accounting for more than 40% of the group’s orders in 2007.
More details here. …
Atlas Copco Sees 18% Organic Growth in 4Q
Swedish supplier Atlas Copco reported sales in the fourth quarter increased 18% on an organic basis and 29% overall.
While all business areas improved their results, it is worth highlighting the remarkable growth in both sales and profit at Construction and Mining Technique,” says President and CEO Gunnar Brock. That area reported order growth of 54% in the quarter, 30% of which was organic.
Demand from all geographical regions and most customer segments increased in the fourth quarter, with organic growth in emerging market accounting for more than 40% of the group’s orders in 2007.
More details here. …
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