Freitag, 29. Januar 2010

EARNINGS PREVIEW: Atlas Copco 4Q Net Profit Seen -41%

Atlas Copco AB (ATCO-A.SK): 4Q Earnings Due: Feb. 2 at 1100 GMT DJ/Factset Survey of 13 Analysts Average Net Profit: SEK1.73B, down 41% (SEK2.91B in 4Q 2008) Average Operating profit: SEK2.52B, down 23% (SEK3.29B in 4Q 2008) Average Revenue: SEK15.48B, down 22% (SEK19.73B in 4Q 2008)

Note: Net profit seen dropping compared with 4Q 08 which was boosted by SEK939M capital gain but operating margin expected to remain resilient, dropping to 16.3% from 16.7% a year earlier but up from 15.9% in 3Q as SEK2B cost saving measures bite. Orders will be in focus with high expectations after improved outlook in mining sector and higher raw materials prices. (IAN)

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