Atlas Copco : Better Q3 than expected, demand holding up well despite the economic slowdown
>Q3 2023: 10% organic sales growth and 22.7% adjusted EBIT margin - Yesterday Atlas Copco reported its Q3 2023 results during the day. Order intake was down 1% LFL (-2.6% expected by the consensus), with a sharp drop for Vacuum Technique (-15%) which continued to be hurt by low demand for semiconductor equipment. The other business areas all posted positive organic growth.Sales grew 10% LFL (css: 9.3%), Vacuum Technique was again the only business area down ...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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