Atlas Copco : Very good start to the year, positive signs for semiconductors
>Q1 2024: order intake beat expectations by 9% - Yesterday Atlas Copco reported Q1 2024 results (see table page 2).Order intake was down 4% LFL yoy (consensus -12.7%) but beat the consensus by 9% (Compressor Technique -1% LFL vs the consensus estimate of -12.9%).Organic revenue growth reached 7% (consensus: 5.6%) of which 8% for Compressor Technique, 9% for Power Technique, and 19% for Industrial Technique, with volumes that we estimate were up in all divis...
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