Wagner Rego
President & CEO
Replay available
Atlas Copco AB (STO: ATCO_A) Q3 2025 earnings conference call, held 2025-10-23. Replay captured from the company's public earnings webcast.

President & CEO
Analyst, Goldman Sachs
Analyst, Morgan Stanley
Analyst, Citi
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Analyst, RBC
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Analyst, Bank of America
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Thank you, Operator, and a very warm welcome, good morning, good afternoon, or good evening to all of you attending this third quarter 2025 earnings call. Together with me is Wagner Rego, who will guide you to the presentation together. But before we start, I will repeat the same topic I always say when we start the call, and that is when we start after the presentation, it's a question round. Please only ask one question at a time, so we make sure that all participants have the opportunity to raise their most important question. Is there more time available afterwards? You are, of course, more than welcome to line up again to ask your next question. With that, I hand over to Wagner Rego, who will start the presentation. Thank you very much, Peter, and welcome to this conference call. We're quite happy to be here once again. So, if we go straight to the summary of this quarter, we have seen a mixed demand with stable orders, pretty much aligned with what we have said on the guidance for Q3 during the Q2 conference call. So and then you can see industrial compressors flat garden process. We see a decline in the orders. We see it when you look to year to year comparison was good on the industrial vacuum side. but negative on the semiconductor vacuum side. When it comes to industrial assembly and vision solution, there we saw a negative development, mainly driven by automotive. due to the conditions in the market. We had a solid growth for power equipment. We were quite happy to see that. And again, good growth on our service business. We see that our efforts to further develop our service business and the implementation of the installed base, I think we managed to capture that installed base that has been deployed over the years. When it comes to revenues, it was somew...