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...The Swedish presence includes giants such as Atlas Copco, the world’s leading provider of air compressors, and Sandvik, which makes mining equipment....
...One thing to start: The head of Lazard in Sweden has been charged with aggravated bribery linked to a takeover of a Swiss company by engineering group Atlas Copco....
...Atlas Copco makes compressors, power tools, and vacuum technology for industries from automotive to semiconductors and is well known for its decentralised management approach that has led it to become an...
...He admitted Atlas Copco could extract more synergies by being more centralised....
...● Atlas Copco, the Swedish industrial compressor and vacuum maker, retreated after cutting guidance to reflect disappointing orders from its automotive and semiconductor end markets....
...Atlas Copco of Sweden, the maker of industrial compressors and vacuums, retreated after cautioning of weaker near-term equipment demand from the semiconductor industry....
...“Just collecting data has no value to Atlas Copco.”...
...But shareholders in Atlas Copco should cheer news on Monday that the Swedish industrial company will spin off its mining equipment division into a separately listed company....
...That would leave the existing Atlas Copco to focus on compressors, vacuum technology and its big service business, which have higher margins and are growing faster....
...Mr Leten described himself as a “bit restless”, using weekends to read up on much of the data produced by connected Atlas Copco machinery worldwide....
...Mr Leten said: “Vacuum is a business that Atlas Copco can understand. It has more or less the same customer base as compressors – it’s global, similar technology....
...Atlas Copco’s purchase of the UK’s Nasdaq-listed Edwards Group on Monday for up to SKr10.6bn, or $10.50 a share, has been a long time coming. Atlas boss Ronnie Leten tried to buy Edwards in 2006....
...Ronnie Leten, chief executive, loves to show visitors the mining machines, air compressors and power tools that have made Atlas Copco Sweden’s biggest industrial group by market capitalisation, larger even...
...Atlas Copco, Sweden’s largest industrial company by market value says the stronger euro is hurting its compressor business, which primarily produces in Europe and sells in dollars....
...Ericsson fell 3.4 per cent to SKr62.80, while ordinary shares in Atlas Copco , one of Sweden’s biggest industrial groups and a maker of compressors and mining equipment, dropped 3.9 per cent to SKr129.20...
...Atlas Copco, one of Sweden’s biggest industrial groups and a maker of compressors and mining equipment, even enjoyed a positive currency effect in the second quarter as the krona weakened somewhat....
...Atlas Copco, a Swedish compressor and machinery maker, provided a hint of this trend when it beat expectations with its third-quarter results on Friday, but said demand would weaken somewhat in the coming...
...Atlas Copco, the Swedish maker of compressors and heavy machinery, fell 4.1 per cent to SKr105. Luxottica made the best ground in a dour session....
...Sandvik, which makes tools and machinery for the mining industry, added 5.5 per cent to SKr110 and Atlas Copco, the world’s biggest maker of air compressors, rose 3.9 per cent to SKr228....
...Atlas Copco fell 5.2 per cent to SKr172 even though the Swedish engineering group reported a 35 per cent rise in second-quarter pre-tax profits, in line with expectations....
...Atlas Copco gained 3.2 per cent to SKr142 after a string of brokers raised their view of the compressor and machinery maker following its forecast-beating thirdquarter earnings numbers released on Friday...
...Atlas Copco, due to report on Friday, closed flat at SKr143.50 while Sandvik, scheduled for November 3, edged up 0.7 per cent to SKr369.50....
...Atlas Copco, the compressor and machinery maker, soared 8.2 per cent to SKr119 while Sandvik added 4.8 per cent to SKr306.5....
...Credit Suisse First Boston suggests carmakers such as Volkswagen, Peugeot, Renault and Fiat could be beneficiaries, as well as capital goods companies such as Sweden's SKF and Atlas Copco, Heidelburger Cruck...
...Shares in Volvo, Europe’s biggest truckmaker and a producer of earth-moving equipment, lost 2.6 per cent to SKr 315, while Sweden’s Atlas Copco, the world’s biggest maker of air compressors fell 1 per cent...
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