Alex Jones
Analyst, Bank of America Securities
Replay available
Atlas Copco AB (STO: ATCO_A) Q4 2025 earnings conference call, held 2026-01-27. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.065 -- 00:00:05.252 And a very warm welcome to all of you attending this quarterly EARNs 00:00:05.252 -- 00:00:08.474 call for the fourth quarter 2025. 00:00:08.877 -- 00:00:13.925 Before I hand over to Wagner to start the actual presentation, I will already now, 00:00:13.925 -- 00:00:18.972 as usual, remind you that when the Q&A session starts to just ask one 00:00:18.972 -- 00:00:24.680 question at a time. Please keep disciplined so everybody has an opportunity to 00:00:24.680 -- 00:00:29.528 ask their most important question Once we get through the first queue, of course, you 00:00:29.528 -- 00:00:34.780 can line up again for a second question afterwards, and we'll be happy to answer that. 00:00:34.780 -- 00:00:39.913 But that being said, no further ado, I'll hand over to Wagner Rego to guide us through 00:00:39.913 -- 00:00:41.206 the presentation. 00:00:41.206 -- 00:00:44.452 Thank you, Peter, and welcome to this conference call. 00:00:44.452 -- 00:00:45.894 So 00:00:45.894 -- 00:00:50.903 first, we had in the first picture a wafer, just to remind you 00:00:50.903 -- 00:00:56.032 that we are exposed to the capex that is relevant 00:00:56.032 -- 00:01:01.301 for the wafer production. Then if you go to the first slide with the summary 00:01:01.301 -- 00:01:06.774 of the fourth quarter of 2025, First, we had 00:01:06.774 -- 00:01:11.799 good organic order growth driven by industrial compressors 00:01:11.799 -- 00:01:17.004 that went somewhat up. But not only, I think, also 00:01:17.004 -- 00:01:19.346 gas and process compressors 00:01:19.346 -- 00:01:24.471 also had delivered a very good quarter. And 00:01:24.471 -- 00:01:29.997 solid growth as well in vacuum equipment, and I would say including 00:01:29.997 -- 00:01:31.865 semi-equipment. 00:01:31....