Atlas Copco Reports Strong 2024 Performance with Record Revenues and Acquisitions

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“We can look back on a year where our ability to adapt rapidly to new business conditions, our focus on maintaining stability and our drive to foster innovation led to solid orders, record revenues and stable profitability.” - Vagner Rego, President and CEO, Atlas Copco Group.

January 2025 : Atlas Copco Group has reported a solid performance for the fourth quarter and full-year 2024, showcasing resilience, innovation, and strategic growth through acquisitions.

Steady Growth in Orders and Revenues

In Q4 2024, the company recorded an order intake of MSEK 39 725, reflecting a 4% organic increase compared to the previous year’s MSEK 36 843. Revenues rose 2% to MSEK 45 988 from MSEK 44 954, remaining stable on an organic basis. Operating profit reached MSEK 10 018, up from MSEK 9 086, with a margin improvement to 21.8% from 20.2%. The adjusted operating profit stood at MSEK 10 029, with a 21.8% margin.

Commenting on the results, Vagner Rego, President and CEO, Atlas Copco Group, said, “We can look back on a year where our ability to adapt rapidly to new business conditions, our focus on maintaining stability and our drive to foster innovation led to solid orders, record revenues and stable profitability.”

“We continue to adapt and to leverage opportunities to grow both organically and through acquisitions. During 2024 we also closed a record number of 33 acquisitions.”

Regional and Segment Performance

The company reported an increase in order intake across Asia and Europe, while North America remained stable. The service business segment continued to expand, with increased order intake across all business areas.

Outlook and Dividend Proposal

Looking ahead, Atlas Copco expects customer activity to remain at current levels in the near term. The Board of Directors has proposed an ordinary dividend of SEK 3.00 per share, an increase from SEK 2.80, payable in two installments – the first on May 2, 2025, and the second on October 21, 2025.

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