atlas copco ab-spon adr "b" (ATLCY) Key Developments
Atlas Copco Introduces GHS VSD+ Series, a New Portfolio of Vacuum Products
Dec 29 14
Atlas Copco has introduced GHS VSD+ series, a new portfolio of vacuum products. Beside the new range of 2-stage oil-sealed rotary vane vacuum pumps, Atlas Copco also introduced a new range of vacuum booster pumps, piston pumps, liquid ring pumps and steam ejectors. This new portfolio can support industries including mining, cement, paper, refineries and food, as well as industries as diverse as aerospace, automotive, refrigeration, glass, bottling, canning and woodworking. In early 2015 an innovative, intelligent vacuum pump will be introduced - the GHS VSD+ - representing a real leap forward in the vacuum industry. The GHS VSD+ Series is a new range of highly efficient, intelligent vacuum pumps with Variable Speed Drive (VSD) from Atlas Copco. Based on the well-known and durable plug-and-play design principles of Atlas Copco compressors, these vacuum pumps have been designed by vacuum engineers to deliver peak performance at operating pressures commonly found in industrial applications. The GHS VSD+ series offer: energy savings of around 50%; a technology, variable speed drive (VSD) and innovative motor design combine to produce a leap forward in efficiency to dramatically reduce lifecycle costs; significantly better performance against benchmarked oil-sealed and dry vane vacuum pump; noise levels are around half that of comparable technologies; sustainable productivity due to built-in efficiency; and educed environmental impact due to ultra-high oil retention at all operating pressures - from ultimate pressure to atmospheric pressure. The GVD 0.7-28 series of small 2-stage oil-sealed rotary vane pumps deliver excellent ultimate vacuum pressure, high pumping efficiency and superior vapor handling capabilities with quiet operation. These pumps offer a reliable and stable proven performance that set the industry standard for R&D and scientific pumping applications. All pumps/motors are approved to UL and CSA standards by an external test house and many features a patented mode selector switch, meaning one model is suitable for both high vacuum or high throughput applications. The GVD 40-275 series of 2-stage oil sealed rotary vane vacuum pumps are renowned for their high ultimate vacuum, rapid pumping speeds, quiet operation and ability to handle water vapor. These direct drive rotary vane pumps are inherently compact and vibration free, and with their finger-proof fan and coupling housings they offer excellent operator protection. A comprehensive range of accessories is available to allow use on the widest variety of vacuum applications.
Atlas Copco AB Announces Unaudited Consolidated and Parent Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
Oct 20 14
Atlas Copco AB announced unaudited consolidated and parent earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, on consolidated basis, the company reported revenues increased to a record of SEK 23,590 million compared to SEK 20,552 million, organic decline of 2%, operating profit at SEK 4,145 million against SEK 4,212 million a year ago. Adjusted operating profit was SEK 4,604 million against SEK 4,214 million a year ago. Profit before tax amounted to SEK 3,879 million against SEK 4,017 million a year ago. Profit attributable to owners of the parent was SEK 2,878 million or SEK 2.36 diluted per share against SEK 3,054 million or SEK 2.51 diluted per share a year ago. Net cash from operating activities was SEK 4,362 million against SEK 2,958 million a year ago. Investments in property, plant and equipment were SEK 325 million against SEK 323 million a year ago. Investments in intangible assets were SEK 319 million against SEK 231 million a year ago. Adjusted operating profit was SEK 4,604 million against SEK 4,214 million a year ago. The profit increase was primarily due to the acquisition of Edwards.
For the nine months, on consolidated basis, the company reported revenues of SEK 68,361 million against SEK 62,622 million a year ago. Operating profit was SEK 12,244 million against SEK 12,901 million a year ago. Profit before tax was SEK 11,655 million against SEK 12,341 million a year ago. Profit attributable to owners of the parent was SEK 8,836 million or SEK 7.27 basic and diluted per share against SEK 9,170 million or SEK 7.54 diluted per share a year ago. Return on equity was 30% against 37% a year ago. Net cash from operating activities was SEK 10,368 million against SEK 9,198 million a year ago. Investments in property, plant and equipment were SEK 1,027 million against SEK 902 million a year ago. Investments in intangible assets were SEK 861 million against SEK 710 million a year ago.
For the quarter, on parent basis, the company reported operating loss of SEK 59 million against operating profit of SEK 86 million a year ago. Profit before tax was SEK 476 million against SEK 4,429 million a year ago. Profit for the period was SEK 513 million against SEK 4,345 million a year ago.
For the nine months, on parent basis, the company reported operating loss of SEK 223 million against SEK 1 million a year ago. Profit before tax was SEK 433 million against SEK 5,750 million a year ago. Profit for the period was SEK 433 million against SEK 5,750 million a year ago.
Atlas Copco AB, Q3 2014 Earnings Call, Oct 20, 2014
Oct 1 14
Atlas Copco AB, Q3 2014 Earnings Call, Oct 20, 2014
Connect Group Signs Agreement with Atlas Copco to Assemble Electric Cabinets
Sep 22 14
Connect Group signed an agreement with Atlas Copco for the assembly of electric cabinets. Under this agreement both parties extend their cooperation which started in 2003. An important aspect in this is the setup of a unique supply chain model. Connect Group will assemble the cabinets in its Romanian plant and will deliver the amount requested to Atlas Copco within a period of 24 hours after ordering. With the assembly of these electric cabinets Connect Group adds an extra commodity to its activities and services for Atlas Copco.
Atlas Copco Appoints Andrew Walker as President of the Construction Technique Business Area and Member of Group Management, Effective September 15, 2014
Sep 4 14
Atlas Copco appointed Andrew Walker to be President of the Construction Technique business area and member of Group management, effective September 15, 2014. Andrew Walker is currently President of the Service division in the Compressor Technique business area.