Atlas Copco Full Year 2024 Earnings: In Line With Expectations

Atlas Copco (STO:ATCO A) Full Year 2024 Results

Key Financial Results

• Revenue: kr176.8b (up 2.4% from FY 2023).
• Net income: kr29.8b (up 6.2% from FY 2023).
• Profit margin: 17% (in line with FY 2023).
• EPS: kr6.11 (up from kr5.76 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Atlas Copco Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Sweden.

Performance of the Swedish Machinery industry.

The company's shares are down 3.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Atlas Copco's balance sheet health.

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