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Atlas Copco AB (0XXT.IL)

IOB - IOB Delayed price. Currency in SEK
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116.35-317.10 (-73.16%)
At close: 06:10PM BST

Atlas Copco AB

Sickla Industriväg 19
Nacka 13154
Sweden
46 87 43 80 00
https://www.atlascopcogroup.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees45,130

Key executives

NameTitlePayExercisedYear born
Mr. Mats RahmströmPres, CEO & Director35.94MN/A1965
Mr. Peter KinnartSr. VP & CFON/AN/A1969
Mr. Mats HögbergChief Information officer & VPN/AN/AN/A
Daniel AlthoffVP of Investor RelationsN/AN/AN/A
Ms. Eva KlasenSr. VP & Chief Legal OfficerN/AN/A1975
Ms. Sara Hagg LiljedalSr. VP & Chief Communications OfficerN/AN/A1980
Ms. Cecilia SandbergSr. VP & Chief HR OfficerN/AN/A1968
Mr. Geert FollensSr. EVP & Bus. Area Pres of Vacuum TechniqueN/AN/A1959
Mr. Andrew WalkerSr. EVP & Bus. Area Pres of Power TechniqueN/AN/A1961
Mr. Lars EklofPres of MVI Tools & Assembly SystemsN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions primarily for use in the manufacturing and process industries. The company also provides oil-sealed rotary vane, dry, and liquid ring vacuum pumps; and turbomolecular and cryogenic pumps, as well as abatement and integrated systems for the semiconductor and scientific, chemical process, food packaging, and paper handling industries. In addition, it offers pneumatic, hydraulic, and electric assembly tools, as well as control systems and associated software for safety-critical tightening; self-pierce riveting tools, dispensing equipment for adhesives and sealants, and flow drill fastening equipment; material removal tools, drills, and other pneumatic products; and machine vision solutions for customers in the automotive and general industries. Further, the company provides portable compressors, boosters, generators, lighting towers, pumps, and construction and demolition tools for civil engineering, oil and gas, construction, manufacturing, exploration drilling, and demolition industries, as well as specialty rental services. It operates in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. The company was founded in 1873 and is headquartered in Nacka, Sweden.

Corporate governance

Atlas Copco AB’s ISS governance QualityScore as of 1 July 2022 is 8. The pillar scores are Audit: 4; Board: 8; Shareholder rights: 7; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.