Atlas Copco Ab Class A · OMXSTO:ATCO_A
Atlas Copco Ab Class A — Q2 2025 Earnings Presentation
19 slides from Atlas Copco Ab Class A's earnings presentation, Jul 18, 2025
Slide 1: Q2 results 2025
Q2 results 2025 July 18, 2025 Atlas Copco Group P
Slide 2: Q2 summary
Q2 summary ▪ Mixed equipment demand ‒ Compressor orders down, especially gas and process compressors ‒ Vacuum equipment orders flat ‒ Orders for industrial assembly and vision solutions basically unchanged ‒ Growth for power, air and flow equipment ▪ Order growth for service ▪ Strong currency headwi
Slide 3: Q2 financials
Q2 financials ▪ Orders received at MSEK 40 087 (43 654), organic decline of 1% ▪ Revenues reached MSEK 41 210 (44 803), organic decline of 2% ▪ Operating profit reached MSEK 8 493 (9 466), margin of 20.6% (21.1) ‒ Adjusted operating profit at MSEK 8 411 (9 785), margin of 20.4% (21.8) ▪ Profit for t
Slide 4: Orders received – local currency
Orders received – local currency 100 +1 +1 27 -4 -2 25 -1 0 37 +3 0 6 +12 +8 5 +17 +12 June 30, 2025 Share of orders received, Year-to-date vs. Last 3 months vs. year-to-date, % previous year, % previous year, % 4 Atlas Copco AB – Q2 2025
Slide 5: Sales bridge
Sales bridge April-June January-June MSEK Orders received Revenues Orders received Revenues 2024 43 654 44 803 89 310 87 678 Structural change, % +2 +2 +2 +2 Currency, % -9 -8 -4 -4 Organic*, % -1 -2 -1 -2 Total, % -8 -8 -3 -4 2025 40 087 41 210 86 691 83 940 *Volume, price and mix. 5 Atlas Copco AB
Slide 6: Orders received and organic order growth per business area
Orders received and organic order growth per business area Industrial Technique Org. order dev. -1% 16% Power Technique Org. order dev. +10% 17% 46% Compressor Technique Org. order dev. -7% 21% Vacuum Technique Org. order dev. +3% * Share of Group orders received 12 months ending June 2025. 3-month
Slide 7: Compressor Technique
Compressor Technique ▪ Organic order decline of 7% ‒ Industrial compressor orders down ‒ Significant decrease for gas and process compressors ‒ Continued growth for service ▪ Revenue increase of 2% organically ▪ Solid operating profit margin at 25.0% (24.8) ‒ Supported by increased revenue volumes ‒
Slide 8: Vacuum Technique
Vacuum Technique ▪ Orders up 3% organically ‒ Semi equipment somewhat down ‒ Growth for industrial and scientific vacuum equipment ‒ Solid growth for service ▪ Revenues down 5% organically ▪ Operating profit margin at 18.9% (20.1, adjusted 21.5) ‒ Mainly currency but also revenue volumes affected th
Slide 9: Industrial Technique
Industrial Technique ▪ Organic order decline of 1% ‒ Equipment demand from automotive flat ‒ Overall stable demand from general industry ‒ Service orders basically unchanged ▪ Revenues down 12% organically ▪ Operating profit margin at 17.1% (20.8) ‒ Significant negative effect from currency ‒ Positi
Slide 10: Power Technique
Power Technique ▪ Orders up 10% organically ‒ Solid growth for equipment ‒ Growth for specialty rental ‒ Service demand basically unchanged ▪ Revenues down 1% organically ▪ Operating profit margin at 17.1% (19.0) ‒ Negatively affected by currency, mix, and higher functional costs ▪ ROCE at 16% (20)
Slide 11: Group total
Group total April – June 2025 vs. 2024 April-June MSEK 2025 2024 Orders received 40 087 43 654 Revenues 41 210 44 803 EBITA* 9 067 10 055 – as a percentage of revenues 22.0 22.4 Operating profit 8 493 9 466 – as a percentage of revenues 20.6 21.1 Net financial items -86 -192 Profit before tax 8 407
Slide 12: Profit bridge
Profit bridge April – June 2025 vs. 2024 Volume, price, Items affecting Share-based MSEK Q2 2025 mix and other Currency Acquisitions comparability LTI* programs Q2 2024 Atlas Copco Group Revenues 41 210 -843 -3 490 740 44 803 Operating profit 8 493 91 -1 475 10 143 258 9 466 20.6% 21.1% *LTI= Long t
Slide 13: Profit bridge – by business area
Profit bridge – by business area April – June 2025 vs. 2024 Volume, price, Items affecting MSEK Q2 2025 mix and other Currency Acquisitions comparability Q2 2024 Compressor Technique Revenues 19 119 218 -1 650 415 20 136 Operating profit 4 776 271 -485 0 0 4 990 25.0% 24.8% Vacuum Technique Revenues
Slide 14: Balance sheet
Balance sheet MSEK Jun. 30 2025 Jun. 30 2024 Dec. 31 2024 Intangible assets 72 219 72 455 77 107 Rental equipment 5 808 5 265 5 947 Other property, plant and equipment 17 964 16 163 17 745 Right-of-use assets 6 742 6 330 7 133 Other non-current assets 4 856 4 668 5 095 Inventories 26 936 30 234 29 0
Slide 15: Cash flow
Cash flow April-June January-June MSEK 2025 2024 2025 2024 Operating cash surplus 10 975 11 652 21 462 23 337 of which depreciation added back 2 253 2 160 4 525 4 234 Net financial items -298 512 -557 158 Taxes paid -2 476 -2 886 -4 795 -4 667 Pension funding -98 -119 -244 -223 Change in working cap
Slide 16: Near-term outlook
Near-term outlook While the outlook for the global economy continues to be uncertain, Atlas Copco Group expects that the customer activity will remain at the current level. 16 Atlas Copco AB - Q2 2025
Slide 17: Save the date – Atlas Copco Group's Capital Markets Day 2025
Save the date – Atlas Copco Group’s Capital Markets Day 2025 November 26, 2025 Stuttgart and Bretten, Germany Registration link will be sent out after the summer. 17 Atlas Copco AB - Q2 2025
Slide 18: Atlas C re
Atlas C re reas OPCO | rere the future
Slide 19: Forward-looking statements
Forward-looking statements “Some statements in this report are forward-looking, and the actual outcome could be materially different. In addition to the factors explicitly discussed, other factors could have a material effect on the actual outcome. Such factors include, but are not limited to, gener