Atlas Copco rises as much as 7% after 2Q results

Atlas Copco reported Q2 adjusted operating profit of SEK 9.46 billion, EBIT of SEK 9,249 million, and revenue of SEK 44,974 million, surpassing IBES estimates of SEK 9.25 billion (adjusted oper. profit), SEK 43,877 million (revenue), with organic revenue growth of 8% versus an estimated 5.08%, driven by significantly improved demand, resulting in share price increases of up to 7% following the results, as reported by multiple financial news sources.