Atlas Copco Ab Class A · OMXSTO:ATCO_A
Atlas Copco Ab Class A — Q2 2026 Earnings Presentation
18 slides from Atlas Copco Ab Class A's earnings presentation, Jul 16, 2026
Slide 1: Q2 results 2026
Q2 results 2026 July 16, 2026 Atlas Copco Group P
Slide 2: Q2 summary
Q2 summary ▪ Record order intake 60 000 30% 55 000 ‒ Solid growth for industrial compressors 50 000 25% ‒ Sharp growth for gas and process compressors 45 000 ‒ Very strong demand for vacuum equipment 40 000 20% 35 000 ‒ Solid growth for industrial assembly and vision solutions 30 000 15% ‒ Notable g
Slide 3: Q2 financials
Q2 financials ▪ Orders received at MSEK 50 951 (40 087), organic increase of 26% 60 000 30% 55 000 ▪ Revenues reached MSEK 44 974 (41 210), organic increase of 8% 50 000 25% ▪ Operating profit at MSEK 9 249 (8 493), margin of 20.6% (20.6) 45 000 40 000 20% ‒ Adjusted operating profit at MSEK 9 455 (
Slide 4: Orders received – local currency
Orders received – local currency 100 +19 +31 25 +8 +7 28 +32 +49 38 +25 +47 5 -6 -6 4 +7 +16 June 30, 2026 Share of orders received, Year-to-date vs. Last 3 months vs. year-to-date, % previous year, % previous year, % 4 Atlas Copco AB - Q2 2026
Slide 5: Sales bridge
Sales bridge April-June January-June MSEK Orders received Revenues Orders received Revenues 2025 40 087 41 210 86 691 83 940 Structural change, % +5 +4 +4 +3 Currency, % -4 -3 -8 -7 Organic*, % +26 +8 +15 +6 Total, % +27 +9 +11 +2 2026 50 951 44 974 96 346 85 514 *Volume, price and mix 5 Atlas Copco
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. +11% 14% Power Technique Org. order dev. +14% 17% 44% Compressor Technique Org. order dev. +19% 25% Vacuum Technique Org. order dev. +59% Share of Group orders received 12 months ending June 2026. 3-month
Slide 7: Compressor Technique
Compressor Technique ▪ Organic order growth of 19% ‒ Solid order growth for industrial compressors ‒ Gas and process compressors sharply up ‒ Solid growth for service ▪ Revenues increased 3% organically ▪ Operating profit margin at 24.1% (25.0) ‒ Negatively affected by acquisitions and, to a lesser
Slide 8: Vacuum Technique
Vacuum Technique ▪ Very strong demand generating organic order growth of 59% ‒ Record orders for semiconductor equipment ‒ Sharp growth for industrial and scientific vacuum equipment ‒ Solid growth for service ▪ Revenues up 19% organically ▪ Operating profit margin at 21.0% (18.9) ‒ Driven by increa
Slide 9: Industrial Technique
Industrial Technique ▪ Orders up 11% organically ‒ Solid equipment growth in automotive and general industry ‒ Growth for service ▪ Revenues up 11% organically ▪ Operating profit margin at 20.0% (17.1) ‒ Driven by increased organic revenue volumes ‒ Positive effects from currency and operational eff
Slide 10: Power Technique
Power Technique ▪ Organic order growth of 14% 10 000 50% ‒ Notable growth for equipment 9 000 45% ‒ Growth for specialty rental 8 000 40% 7 000 35% ‒ Continued growth for service 6 000 30% ▪ Revenues up 9% organically 5 000 25% ▪ Operating profit margin at 17.5% (17.1) 4 000 20% 3 000 15% ‒ Positive
Slide 11: Group total
Group total April – June 2026 vs. 2025 60 000 30% April-June 55 000 50 000 25% MSEK 2026 2025 45 000 Orders received 50 951 40 087 40 000 20% Revenues 44 974 41 210 35 000 EBITA* 9 914 9 067 30 000 15% – as a percentage of revenues 22.0 22.0 25 000 Operating profit 9 249 8 493 20 000 10% – as a perc
Slide 12: Profit bridge
Profit bridge April – June 2026 vs. 2025 Volume, price, Items affecting Share-based MSEK Q2 2026 mix and other Currency Acquisitions comparability LTI* programs Q2 2025 Atlas Copco Group Revenues 44 974 3 494 -1 240 1 510 41 210 Operating profit 9 249 954 -70 160 0 -288 8 493 20.6% 20.6% *LTI= Long
Slide 13: Profit bridge – by business area
Profit bridge – by business area April – June 2026 vs. 2025 Volume, price, Items affecting MSEK Q2 2026 mix and other Currency Acquisitions comparability Q2 2025 Compressor Technique Revenues 19 653 514 -510 530 19 119 Operating profit 4 745 104 -160 25 0 4 776 24.1% 25.0% Vacuum Technique Revenues
Slide 14: Balance sheet
Balance sheet MSEK Jun. 30 2026 Jun. 30 2025 Dec. 31 2025 Intangible assets 79 954 72 219 77 078 Rental equipment 8 236 5 808 7 811 Other property, plant and equipment 19 459 17 964 18 349 Right-of-use assets 7 550 6 742 7 345 Other non-current assets 5 165 4 856 4 853 Inventories 29 796 26 936 26 6
Slide 15: Cash flow
Cash flow April-June January-June MSEK 2026 2025 2026 2025 Operating cash surplus 11 925 10 975 22 177 21 462 of which depreciation added back 2 506 2 253 4 982 4 525 Net financial items 51 -298 -175 -557 Taxes paid -2 554 -2 476 -4 478 -4 795 Pension funding -117 -98 -228 -244 Change in working cap
Slide 16: Near-term outlook
Near-term outlook Atlas Copco Group expects the customer activity to remain at the current level. 16 Atlas Copco AB - Q2 2026
Slide 17: Atlas Copco
Atlas C re reas OPCO | re rey the future
Slide 18: 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