Atlas Copco Orders Rise on Strong Demand From Semiconductor Industry

By Dominic Chopping

STOCKHOLM--Atlas Copco said it expects near-term customer activity to remain at the current level as it reported strong third-quarter order growth, buoyed by increased demand from the semiconductor industry.

The Swedish industrial tool maker said overall demand for its equipment and services was "very strong" and order intake increased significantly.

The company received orders worth 52.34 billion Swedish kronor ($5.29 billion) in the quarter, up 29% on year and compared with a FactSet forecast of 50.61 billion kronor.

Sequentially, organic order volumes remained essentially unchanged, it added.

"Most equipment segments delivered solid growth and the service business continued to develop positively," said Chief Executive Vagner Rego.

"Now we continue our focus on supporting our customers and adapting the business to current market conditions."

Order intake for vacuum equipment increased sharply from a year earlier, driven by the semiconductor industry, while order intake for its gas, process and industrial compressors also increased.

Industrial assembly equipment and vision solutions orders saw solid growth, while the service business continued to grow in all business areas and regions.

It reported group net profit of 7.72 billion kronor, up from 6.68 billion kronor a year earlier, as revenue rose 15% to 47.92 billion kronor.

Analysts polled by FactSet had expected net profit of 7.93 billion kronor on revenue of 47.65 billion kronor.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

October 22, 2026 06:43 ET (10:43 GMT)