The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
·
3d ago
Sweden Herald - Latest Sweden News | Atlas Copco worse than expected in first-quarter results as stock falls by Sweden Herald
AI generated summary, Read the full article for complete information.
Atlas Copco, one of the largest firms listed on the Stockholm Stock Exchange, announced a sharper‑than‑expected decline in first‑quarter results, with adjusted operating profit dropping to 8.3 billion SEK from 8.6 billion a year earlier and missing Bloomberg’s 8.5 billion SEK forecast. Revenue fell 5 % and order intake slipped 3 %, prompting its shares to lose about 2.5 % on the market. CEO Vagner Rego warned that the geopolitical climate is “worrying” and has made customers hesitant, although demand for vacuum equipment remained strong during the quarter; he added that the broader financial impact of the uncertainties remains difficult to predict.
Read more: https://swedenherald.com/article/atlas-copco-worse-than-expected-stock-falls
#AtlasCopco #Stockholm #StockExchange #VagnerRego #businessnews
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