0649 GMT - Atlas Copco's first quarter will probably be a bit light while headwinds are expected through the year, Deutsche Bank analyst John Kim writes. The bank expects flat first-quarter group orders at 47.2 billion Swedish kronor, with 2% organic growth in group revenue to 43.3 billion and 9.2 billion kronor in adjusted EBIT for a 21.3% margin. Deutsche Bank's estimates are 1% below consensus, while its revenue estimate is 3% below and adjusted EBIT 4% below. The bank lowers its target price to 155 kronor from 172 kronor and keeps at hold. Shares closed at 137.20 kronor. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
April 08, 2025 02:49 ET (06:49 GMT)
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