Atlas Copco sells financial assets
Stockholm, Sweden, August 20, 2012: Atlas Copco Customer Finance has sold a portfolio of financing and leasing contracts, related to customer financing, to an independent bank. The value of the portfolio amounts to approximately MSEK 1 400, and a book profit of approximately MSEK 100 related to the transaction will be reported in the third quarter of 2012.
The gain from the transaction will be reported as operating profit in Common Group Functions/Eliminations.
For further information please contact:
Mattias Olsson, Vice President Investor Relations
+46 (0)8 743 8295 or +46 (0)72 729 8295
Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2011, Atlas Copco had 37 500 employees and revenues of BSEK 81 (BEUR 9).