Atlas Copco AB - Company Profile
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Business Description
Atlas Copco AB (Atlas Copco) is a provider of industrial productivity solutions, developing and manufacturing vacuum solutions, air treatment systems, compressors, assembly systems, construction equipment, and power tools. The company serves customers in the construction, manufacturing, and process industries.
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R&D Overview
Atlas Copco AB has focused on enhancing its R&D initiatives by allocating 4% of its revenues, amounting to SEK7,065 million, towards research and development in 2024. The company employs over 5,000 R&D engineers out of its more than 55,000 employees, emphasizing the importance of product innovation to maintain a competitive edge. Additionally, Atlas Copco AB is leveraging AI across various domains, including R&D, finance, customer interaction, and order management, to improve speed, efficiency, and customer value. In FY2024, the company spent SEK7,065 million on R&D, which grew 5.6% YoY.
Business Segments
Overview
Provides compressed air and gas solutions, including industrial compressors, gas and process compressors and expanders, air and gas treatment equipment, and air management systems. It serves the construction, manufacturing, and process industries. Had manufacturing and principal product development units in the US, Belgium, South Korea, China, Germany, India and Italy. In FY2024, the segment's capital expenditure stood at SEK3,079 million, which grew 18.1% YoY.
Performance
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Overview
Provides industrial power tools, assembly and machine vision solutions, and quality assurance products. It serves the manufacturing and process industries. The segment's principal product development and manufacturing units are located in Sweden, Germany, Hungary, the UK, France, China, Japan, and the US. In FY2024, the segment's capital expenditure stood at SEK1,732 million, which grew 15.7% YoY.
Performance
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Overview
Provides portable air and power solutions, including mobile compressors, generators, energy storage systems, dewatering, and industrial pumps. It serves industries such as construction and manufacturing. Had manufacturing and principal product development units in the US, Belgium, China, India, Germany and Spain. In FY2024, the segment's capital expenditure stood at SEK3,776 million, which grew 44.5% YoY.
Performance
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Overview
Provides vacuum products, exhaust management systems, valves, and related products, serving industries such as manufacturing and process industries. Had manufacturing and principal product development units in the US, the UK, Mexico, Czech Republic, Germany, South Korea, Japan and China. In FY2024, the segment's capital expenditure stood at SEK2,260 million, which decreased 20.3% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
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