Edition:
United Kingdom

Atlas Copco AB (ATCOa.ST)

ATCOa.ST on Stockholm Stock Exchange

357.30SEK
11 Dec 2017
Change (% chg)

1.10kr (+0.31%)
Prev Close
356.20kr
Open
356.60kr
Day's High
360.10kr
Day's Low
356.20kr
Volume
1,477,883
Avg. Vol
1,860,344
52-wk High
378.10kr
52-wk Low
269.60kr

Latest Key Developments (Source: Significant Developments)

Atlas Copco to acquire Australian rock drills business
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Atlas Copco AB ::ATLAS COPCO TO ACQUIRE AUSTRALIAN ROCK DRILLS BUSINESS.SAYS ‍IT HAS 37 EMPLOYEES AND HAD REVENUE OF MAUD 14 (MSEK 90) IN FISCAL YEAR ENDING JUNE 30, 2017​.SAYS ‍PURCHASE PRICE IS NOT MATERIALLY SIGNIFICANT TO ATLAS COPCO'S MARKET CAPITALIZATION AND IS NOT DISCLOSED​.  Full Article

Atlas Copco acquires U.S. mining equipment distributor with 35 employees
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Atlas Copco AB ::ATLAS COPCO TO ACQUIRE U.S. MINING EQUIPMENT DISTRIBUTOR CATE DRILLING SOLUTIONS LLC.SAYS ‍IT HAS 35 EMPLOYEES​.SAYS ‍PURCHASE PRICE IS NOT MATERIALLY SIGNIFICANT TO ATLAS COPCO'S MARKET CAPITALIZATION AND IS NOT DISCLOSED​.  Full Article

Atlas copco confirms near-term demand to remain at current high level
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Atlas Copco Ab :Atlas copco ab says ‍confirms most recent outlook statement, that the overall near-term demand for the Group is expected to remain at current high level. .Source text for Eikon: ID:nWkr6bQyW7.  Full Article

Atlas Copco wins orders in Kazakhstan worth 22.5 mln EUR
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Atlas Copco :Atlas Copco wins orders in Kazakhstan for highly productive mining operations.Says ‍orders total MEUR 22.5 (mln SEK 215) and were received in second and third quarters of 2017​.  Full Article

Atlas Copco seeks consent for debt allocation in company split
Tuesday, 23 May 2017 

May 23 (Reuters) - Atlas Copco :Says to launch consent solicitation to holders of notes issued under its Euro Medium Term Note Program in connection with the potential split of the Group in 2018.Says invites note holders to consider waiving and amending certain terms and conditions of the notes in connection with the announced potential split of the Group in 2018.Says if the split is approved, Atlas Copco's outstanding notes will remain with Atlas Copco and some other Group debt will be allocated to Epiroc.  Full Article

OC Oerlikon Corporation completes sale of Vacuum Segment
Thursday, 1 Sep 2016 

OC Oerlikon Corporation AG Pfaeffikon : In 2016 full-year financial statements, Vacuum Business will be reported under discontinued operations .Expects net cash impact of around 330 million Swiss francs ($335.64 million) after closing vacuum segment sale to Atlas Copco and tax costs and result from discontinued operations in 2016 income statement to be approx. 280 million francs.  Full Article

Atlas Copco to buy Chinese self-pierce riveting business
Friday, 26 Aug 2016 

Atlas Copco Ab : has agreed to acquire the self-pierce riveting business of Phillip-Tech (Beijing) Co., Ltd . Based in Beijing, with a sales and engineering site in Shanghai, Phillip-Tech has about 45 employees . The company sells self-pierce riveting products and solutions designed by Atlas Copco-owned Henrob .The acquisition is expected to be completed in the fourth quarter 2016.  Full Article

Atlas Copco completes acquisition of South Korean exhaust management company
Friday, 5 Aug 2016 

Atlas Copco AB : Completes acquisition of South Korean exhaust management company . Atlas Copco announced on June 1, 2016 the agreement to acquire CSK [ID:nASN0002MH] . CSK has about 400 employees and had revenues in 2015 of BKRW 124.5 (MSEK 870) .The purchase price is BKRW 120 (MSEK 920) before potential adjustment.  Full Article

Outotec: Markku Teräsvasara assumes CEO duties on Oct. 1
Tuesday, 26 Jul 2016 

Outotec Oyj : Markku Teräsvasara assumes duties of Outotec's CEO on Oct. 1 .Teräsvasara will transfer to Outotec from Atlas Copco.  Full Article

Atlas Copco Q2 operating profit, order intake beat forecast
Friday, 15 Jul 2016 

Atlas Copco AB : Q2 revenues were SEK 25,438 mln vs year-ago 26,111 mln, unchanged organically . Q2 reported operating profit was SEK 4,775 mln vs year-ago 5,072 mln, including items affecting comparability of SEK -47 mln . Q2 adjusted operating profit was SEK 4,822 mln vs year-ago 5,162 mln, corresponding to a margin of 19.0 pct vs year-ago 19.8 pct . Q2 orders decreased 3 pct to SEK 25,934 mln, organic decline of 1 pct . Says overall demand for group is expected to remain at current level near-term . Reuters poll: Atlas copco Q2 order intake seen at 25.3 bln SEK, EBIT at 4.6 bln SEK . Says relatively low activity in construction as well as the closure and downsizing of mines at the end of 2015 and early 2016 impacted the related service business and the order volumes decreased yr/yr . Says demand was solid for industrial compressors and tools . Says relatively low activity in construction business and recent closure and downsizing of mines impacted equipment and service business .Atlas Copco shares rise 2.7 pct after results.  Full Article

Nordic Capital, KKR vying for Sandvik's U.S. unit Hyperion -sources

Nov 17 Buyout firms Nordic Capital and KKR & Co are competing to acquire Hyperion, a U.S. manufacturer of metal cutting and drilling equipment owned by Swedish engineering company Sandvik AB, according to people familiar with the matter.