Swedish industrial tools and equipment manufacturer Atlas Copco has released its third quarter (Q3) 2019 results today with CEO and President Mats Rahmström highlighting “solid profitability”.
Order volumes for large compressors increased, supported by new product introductions and increased market penetration.
For vacuum equipment to the semiconductor and flat panel industry, orders increased significantly, mainly driven by customers’ investments in new production technologies.
Order intake from the motor vehicle industry continued to decrease and the demand from other manufacturing industry also weakened.
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