Swedish industrial company Atlas Copco Group has today released its second quarter (Q2) results.
The order volumes for compressors increased in the quarter while orders for vacuum equipment decreased.
The industrial assembly tools and solutions business saw a somewhat lower equipment demand from the motor vehicle industry and for power equipment, such as generators pumps, the order volumes increased strongly.
Orders received in Q2 grew to SEK 26.6bn ($3.1bn), an organic growth of 2%. Revenues were SEK 25.6bn ($3bn), up 1% organically.
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