Atlas Copco AB (ATCO_A) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

for the Atlas Copco Group. My name is Peter Kienert and I'm here together with Wagner Rego. And we have the pleasure of guiding you through this hour. We will start as usual with a short presentation on the results and to give a little bit of color to more details on the underlying orders, revenues, and so forth. I will, before handing over to Wagner to start the presentation, already now, as usual, you know the drill. I will ask you to please make sure that when the time comes to ask questions, that you only ask one question at a time. Especially today, it's very important because we are really tight uh have a tight schedule today as we need to uh run off to the agm right after this call so uh i would uh appreciate a lot if you could help us a little bit with uh that discipline um so now no with no further ado i uh then like to hand over to wagner rigo Thank you, Peter, and welcome to this conference call. As you can see in the first slide, we saw a picture of a gas and process compressors, and we had a good development in Q1 for gas and process compressors, and we showed one example of one of the machines that they produce. Now, talking about the Q1 result, we saw a strong development in terms of orders received. We are happy with the order level that we have had. Then we also had the continued growth in service. Our growth journey in the service business continues, and we are also quite happy with that. Overall orders in equipment were flat. I already mentioned about the gas and process order that was significantly higher compared to previous periods. And we saw vacuum flat. We have yet to see a recovery in the vacuum business, but it was also good to see that they had a flat development. Industrial assembly and vision solutions were down, and here the automotive ...