"Revenues were at a record level in the fourth quarter and I'm proud to also be able to present a result for the full year that is our best yet," said Mats Rahmström. "Our strategy to complement organic growth with acquisitions to increase our presence in segments and markets where we see long-term potential has been successful. I also want to put focus on our employees in all parts of the organization and recognize their focus and efforts on creating value for our customers".

The overall demand for the Group's equipment and services in the fourth quarter was basically unchanged compared to the previous year, but weaker than in the third quarter.

The order intake in the fourth quarter reached MSEK 36 843 (36 148), an organic increase of 1%. Revenues increased 10% organically to MSEK 44 954 (40 054). Operating profit was MSEK 9 086
(7 810), corresponding to a margin of 20.2% (19.5). Adjusted operating profit, excluding items affecting comparability, reached MSEK 9 956 (8 029), corresponding to a margin of 22.1% (20.0). Return on capital employed was 30% (29).

Looking ahead, in the near term, Atlas Copco Group expects that the customers' activity level will remain at the current level.

The Board of Directors proposes an ordinary dividend of SEK 2.80 (2.30) per share, to be paid in two equal installments, the first with record date April 26, 2024, and the second with record date October 21, 2024.