Atlas Copco AB Proposes Dividend for the 2016; Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2016
The company announced unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2016. For the quarter, the company reported Revenues of SEK 28,495 million against revenues of SEK 25,003 million a year ago. Operating profit of SEK 5,785 million against operating profit of SEK 4,882 million a year ago. Profit before tax of SEK 5,618 million against profit before tax of SEK 4,704 million a year ago. Profit for the period from continuing operations of SEK 4,254 million against profit for the period from continuing operations of SEK 1,078 million a year ago. Diluted earnings per share of SEK 3.48 against diluted earnings per share of SEK 0.89 a year ago. Profit attributable to owners of the parent of SEK 2,450 million against profit attributable to owners of the parent of SEK 1,030 million a year ago. Diluted earnings per share of SEK 2.01 against diluted earnings per share of SEK 0.85 a year ago. Net cash from operating activities of SEK 6,517 million against net cash from operating activities of SEK 5,430 million a year ago. Investments in property, plant and equipment of SEK 411 million against investments in property, plant and equipment of SEK 486 million a year ago.
For the period, the company reported Revenues of SEK 101,356 million against revenues of SEK 98,973 million a year ago. Operating profit of SEK 19,798 million against operating profit of SEK 19,772 million a year ago. Profit before tax of SEK 18,805 million against profit before tax of SEK 18,875 million a year ago. Profit for the period from continuing operations of SEK 13,785 million against profit for the period from continuing operations of SEK 11,777 million a year ago. Diluted earnings per share of SEK 11.3 against diluted earnings per share of SEK 9.62 a year ago. Profit attributable to owners of the parent of SEK 11,931 million against profit attributable to owners of the parent of SEK 11,717 million a year ago. Diluted earnings per share of SEK 9.79 against diluted earnings per share of SEK 9.58 a year ago. Return on equity of 24% against return on equity of 24% a year ago. Net cash from operating activities of SEK 18,281 million against net cash from operating activities of SEK 18,112 million a year ago. Investments in property, plant and equipment of SEK 1,369 million against investments in property, plant and equipment of SEK 1,705 million a year ago.