Atlas Copco AB announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, on consolidated basis, the company reported revenues of SEK 25,360 million against SEK 21,266 million a year ago. Operating profit was SEK 4,771 million against SEK 4,155 million a year ago. Profit before tax was SEK 4,436 million against SEK 3,925 million a year ago. Profit for the period attributable to owners of the parent was SEK 3,333 million against SEK 2,902 million a year ago. Diluted earnings per share were SEK 2.73 against SEK 2.38 a year ago. Net cash from operating activities was SEK 6,019 million against SEK 2,669 million a year ago. Investments in property, plant and equipment was SEK 521 million against SEK 353 million a year ago. Investments in intangible assets were SEK 326 million against SEK 299 million a year ago. The adjusted operating profit increased 19% to SEK 4,886 million against SEK 4,098 million, corresponding to a margin of 19.3% (19.3). The profit improvement was primarily due to acquisitions and more favorable exchange rates. Return on capital employed was 24% against 28% a year ago. Return on equity was 28% against 34% a year ago.

For the year, on consolidated basis, the company reported revenues of SEK 93,721 million against SEK 83,888 million a year ago. Operating profit was SEK 17,015 million against SEK 17,056 million a year ago. Profit before tax was SEK 16,091 million against SEK 16,266 million a year ago. Profit for the period attributable to owners of the parent was SEK 12,169 million against SEK 12,072 million a year ago. Diluted earnings per share were SEK 9.99 against SEK 9.92 a year ago. Net cash from operating activities was SEK 16,387 million against SEK 11,867 million a year ago. Investments in property, plant and equipment was SEK 1,548 million against SEK 1,255 million a year ago. Investments in intangible assets were SEK 1,187 million against SEK 1,009 million a year ago.

For the quarter, on parent company basis, the company reported operating loss of SEK 55 million against SEK 41 million a year ago. Profit before tax was SEK 4,156 million against SEK 8,380 million a year ago. Profit for the period was SEK 3,338 million against SEK 7,360 million a year ago.

For the year, on parent company basis, the company reported operating loss of SEK 278 million against SEK 42 million a year ago. Profit before tax was SEK 4,589 million against SEK 14,130 million a year ago. Profit for the period was SEK 3,792 million against SEK 13,275 million a year ago.