UPDATE 2-Atlas Copco sees demand easing as profit lags forecast - NewsBreak

Home > Business
By Shannon in Business
Updated 2 years ago

STOCKHOLM, Oct 21 (Reuters) - Atlas Copco missed third-quarter earnings forecasts on Thursday as supply chain challenges hampered its ability to capitalise on strong demand, knocking its shares. The Swedish company, which makes compressors, vacuum pumps and industrial tools, also said it expected near-term demand to weaken from the "very...

update-2-atlas-copco-sees-demand-easing-as-profit-lags-forecast-newsbreak