Atlas Copco Ab Class A · OMXSTO:ATCO_A
Atlas Copco Ab Class A — Q3 2026 Earnings Presentation
18 slides from Atlas Copco Ab Class A's earnings presentation, Oct 22, 2026
Slide 1: Q3 results 2026
Q3 results 2026 October 22, 2026
Slide 2: Q3 summary
Q3 summary ▪ Strong order intake 60 000 30% ‒ Growth for industrial as well as gas and process compressors 55 000 50 000 25% ‒ Record demand for vacuum equipment 45 000 40 000 20% ‒ Double-digit growth for industrial assembly equipment and vision solutions 35 000 ‒ Strong growth for power equipment
Slide 3: Q3 financials
Q3 financials ▪ Orders received were MSEK 52 338 (40 517), organic increase of 25% 60 000 30% ▪ Revenues reached MSEK 47 920 (41 621), organic increase of 11% 55 000 50 000 25% ▪ Operating profit at MSEK 9 950 (8 546), margin of 20.8% (20.5) 45 000 40 000 20% ‒ Adjusted operating profit at MSEK 10 1
Slide 4: Orders received – local currency
Orders received – local currency 100 +22 +28 24 +8 +8 28 +34 +39 39 +30 +39 5 +2 +21 4 +6 +4 September 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 - Q3 2026
Slide 5: Sales bridge
Sales bridge July-September January-September MSEK Orders received Revenues Orders received Revenues 2025 40 517 41 621 127 208 125 561 Structural change, % +3 +3 +4 +3 Currency, % +1 +1 -5 -4 Organic*, % +25 +11 +18 +7 Total, % +29 +15 +17 +6 2026 52 338 47 920 148 684 133 434 *Volume, price and mi
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. +12% 14% Power Technique Org. order dev. +13% 17% 42% Compressor Technique Org. order dev. +6% 27% Vacuum Technique Org. order dev. +82% Share of Group orders received 12 months ending September 2026. 3-m
Slide 7: Compressor Technique
Compressor Technique ▪ Organic order growth of 6% 25 000 50% ‒ Solid demand for industrial compressors 22 500 45% ‒ Notable growth for gas and process compressors 20 000 40% 17 500 35% ‒ Service order growth 15 000 30% ▪ Revenue increase of 5% organically 12 500 25% ▪ Operating profit margin at 23.6
Slide 8: Vacuum Technique
Vacuum Technique ▪ 82% organic order growth 25 000 50% ‒ Record orders for semiconductor equipment 22 500 45% ‒ Industrial and scientific vacuum equipment also reached a record 20 000 40% 17 500 35% ‒ Growth for service 15 000 30% ▪ Record revenues, up 28% organically 12 500 25% ▪ Operating profit m
Slide 9: Industrial Technique
Industrial Technique ▪ Orders up 12% organically 10 000 50% ‒ Notable growth for general industry 9 000 45% ‒ Solid growth for automotive equipment 8 000 40% 7 000 35% ‒ Growth for service 6 000 30% ▪ Revenues up 2% organically 5 000 25% ▪ Operating profit margin at 18.7% (18.0) 4 000 3 000 20% 15%
Slide 10: Power Technique
Power Technique ▪ Organic order growth of 13% 10 000 50% ‒ Improved equipment demand 9 000 45% ‒ Growth for specialty rental 8 000 40% 7 000 35% ‒ Continued growth for service 6 000 30% ▪ Record revenues, up 14% organically 5 000 25% ▪ Operating profit margin at 18.3% (17.0) 4 000 3 000 20% 15% ‒ Su
Slide 11: Group total
Group total July – September 2026 vs. 2025 60 000 30% July-September 55 000 50 000 25% MSEK 2026 2025 45 000 Orders received 52 338 40 517 40 000 20% Revenues 47 920 41 621 35 000 EBITA* 10 626 9 127 30 000 15% – as a percentage of revenues 22.2 21.9 Operating profit 9 950 8 546 25 000 – as a percen
Slide 12: Profit bridge
Profit bridge July – September 2026 vs. 2025 Volume, price, Items affecting Share-based MSEK Q3 2026 mix and other Currency Acquisitions comparability LTI* programs Q3 2025 Atlas Copco Group Revenues 47 920 4 559 440 1 300 41 621 Operating profit 9 950 1 263 -115 185 73 -2 8 546 20.8% 20.5% *LTI= Lo
Slide 13: Profit bridge – by business area
Profit bridge – by business area July – September 2026 vs. 2025 Volume, price, Items affecting MSEK Q3 2026 mix and other Currency Acquisitions comparability Q3 2025 Compressor Technique Revenues 20 399 853 165 230 19 151 Operating profit 4 804 15 -55 0 0 4 844 23.6% 25.3% Vacuum Technique Revenues
Slide 14: Balance sheet
Balance sheet MSEK Sep. 30 2026 Sep. 30 2025 Dec. 31 2025 Intangible assets 82 080 73 209 77 078 Rental equipment 8 480 5 953 7 811 Other property, plant and equipment 20 606 18 216 18 349 Right-of-use assets 7 739 6 911 7 345 Other non-current assets 5 773 4 952 4 853 Inventories 31 472 27 648 26 6
Slide 15: Cash flow
Cash flow July-September July-September MSEK 2026 2025 2026 2025 Operating cash surplus 13 789 10 936 35 966 32 398 of which depreciation added back 2 634 2 331 7 616 6 856 Net financial items 190 9 15 -548 Taxes paid -2 772 -2 049 -7 250 -6 844 Pension funding -452 -106 -680 -350 Change in working
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 - Q3 2026
Slide 17: Atlas C re
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