Atlas Copco AB (ATCO_A) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, operator, and good morning, good afternoon, good evening to all participants to this q one earnings call for Atlas Copco Group. Before I hand over to Wagner, I will, as usual, already now ask you to limit yourself to one question at a time, especially today because we are on a very tight schedule as we will be heading to the annual general meeting of shareholders today. So we have even a little bit less time than usual. But without further ado, I will now hand over to Wagner who will start today's call. Thank you, Peter, and welcome to this conference call where we reported earnings of first quarter of twenty twenty six. So first the summary, we have seen flat orders when it comes to compressor technique, but very good development in vacuum technique. Compressor technique I will elaborate a little bit further because gas and process compressors were order were down quite significantly. We are not concerned about that, but we will give you more details later on. Again vacuum technique, good organic growth. We saw weaker demand coming from automotive that impacts our industrial and assembly and vision solution. And when it comes to power technique, we have seen growth in most business lines within power technique. Also our service business continued to develop very well according to our strategy and we are also quite happy and proud to see this continued development. Organic revenues was up, which we are also quite happy about it. It was good to see a bend in the revenue trend and also stable profit margin despite of currency headwinds. We continue to deploy our M and A strategy and this quarter we acquired four companies. So when it comes to the financials, the level we have had SEK45.3 billion is quite a strong level. We saw an increase in activity level i...