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Alfa Laval AB (ALFA.ST)

ALFA.ST on Stockholm Stock Exchange

19 Jan 2018
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2.50kr (+1.21%)
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Latest Key Developments (Source: Significant Developments)

Alfa Laval sees flat to slightly slower demand in Q2
Wednesday, 26 Apr 2017 06:45am EDT 

April 26 (Reuters) - Alfa Laval AB :Q1 order intake increased by 9 percent* to SEK 8,801 mln vs year-ago 7,710 mln.Q1 adjusted EBITA: SEK 1,279 mln vs year-ago 1,333 mln.Says "we expect that demand during Q2 2017 will be in line with or somewhat lower than in Q1.Alfa Laval shares down 2.7 pct by 1052 GMT.Reuters poll: Alfa Laval Q1 order intake was seen at SEK 8.3 bln, adjusted EBITA at SEK 1.24 bln.Says increased efforts within research and development in order to renew important product groups faster is running as planned.Says measures that focus on growing service business are also implemented according to plan. * Excluding currency effects.  Full Article

Alfa Laval sees headwind from factory load in near term
Tuesday, 31 Jan 2017 03:04am EST 

Alfa Laval AB in Q4 analysts conference call : CFO says in the near term expect continued adverse effect from declining factory load . CFO says we expect continued positive transaction effects and also positive purchase price variances Further company coverage: [ALFA.ST] ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Alfa laval says fewer large orders to dampen demand in Q1 - CEO
Tuesday, 31 Jan 2017 02:02am EST 

Alfa Laval AB in Q4 conference call : Alfa Laval CEO says if anything we are slightly ahead of plan in restructuring programme . CEO says expects slightly slower pipeline of large orders in Q1 versus Q4 to weigh on demand in Q1 . Alfa Laval CFO says sees unchanged or slightly slower demand for base business in Q1 . CEO says don't think we can see 2017 as a strong turning point for the marine sector . CEO says sees more activity in oil sector, also upstream Further company coverage: [ALFA.ST] (Reporting By Johannes Hellstrom) ((niklas.pollard@thomsonreuters.com;)).  Full Article

Alfa Laval says lowers long-term sales growth target
Tuesday, 22 Nov 2016 04:37am EST 

Alfa Laval AB : Says growth target will be revised to a yearly average growth rate of at least 5 percent over a cycle, compared with current target of at least 8 percent . Says forecast has been updated and positive FX effects are expected to end up at SEK 550 million for this year and at SEK 275 million for 2017 . Company's Oct forecast was for positive FX effects of SEK 510 million this year and 100 million in 2017 . Says talking about capital expenditure, guidance was kept at 2.0 percent of sales, or lower . Says further on guidance; Alfa Laval's research and development spend is kept at between 2 and 2.5 percent of sales also going forward . Says dividend pay-out ratio is kept at 40-50 percent of EPS, adjusted for step-up amortization .Says shall invest in resources to target applications and areas which are estimated to be able to generate profitable growth.  Full Article

Alfa laval CFO says no change to Q3 guidance
Tuesday, 30 Aug 2016 04:42am EDT 

Alfa Laval AB conference call on Tuesday: Alfa Laval CFO says no change to Q3 guidance given in connection with Q2 report . In Q2 report Alfa Laval said expects demand during Q3 will be in line with or somewhat lower than in Q2 . CEO says company will come back later with action plan for managing cost base for business amid market challenges for marine and oil & gas sectors ahead Further company coverage: [ALFA.ST] (Reporting by Oskar von Bahr) ((Oskar.vonBahr@thomsonreuters.com;)).  Full Article

Alfa Laval: new organisational structure to adapt to market conditions
Tuesday, 30 Aug 2016 02:30am EDT 

Alfa Laval Ab : Alfa laval presents first results from strategic review . announces the first step of its new strategic direction to lift organic growth . in order to drive development and deliver results a new organization will be launched january 1, 2017 . A new organization structure, with industry-oriented business divisions, will be formed; the Marine division, the Food & Water division and the Energy division . The new strategic direction is a long-term commitment which will also include short-term initiatives addressing the need to adapt to prevailing market conditions . During recent years the organic growth has been below expectations . The strategic review focuses on getting the company back on a solid growth path and to manage the short-term challenges caused by the weaknesses in the oil & gas and marine sectors .Says mikael tydén will replace göran mathiasson as head of operations.  Full Article

Alfa Laval CEO sees slightly lower demand for Marine & Diesel in Q3 vs Q2
Monday, 18 Jul 2016 06:36am EDT 

Alfa Laval CEO Tom Erixon at a conference call in connection with quarterly report: Says demand in Marine & Diesel in Q3 seen slightly lower vs Q2 . Says demand in Process Technology in Q3 seen at about same level as in Q2 . Says demand in Equipment division in Q3 seen flat or somewhat lower vs Q2 Further company coverage: [ALFA.ST] (Reporting by Oskar von Bahr) ((Oskar.vonBahr@thomsonreuters.com;)).  Full Article

Alfa Laval sees positive FX impact of SEK 475 mln in 2016
Monday, 18 Jul 2016 06:30am EDT 

Alfa Laval : Sees positive FX impact of SEK 475 million in 2016 versus April fcast of +350 million - Presentation Material . Sees positive FX impact of SEK 100 million in 2017 vs April forecast of +50 mln - Presentation Material Further company coverage: [ALFA.ST] (Reporting by Oskar von Bahr) ((Oskar.vonBahr@thomsonreuters.com;)).  Full Article

Alfa Laval Q2 core profit lags forecast, shares drop
Monday, 18 Jul 2016 05:45am EDT 

Alfa Laval Ab : Q2 adjusted EBITA..: SEK 1,393 (1,816) million . Q2 net sales decreased by 9 percent. to SEK 8,950 (10,177) million. . Q2 order intake decreased by 9 percent. to SEK 8,101 (9,146) million . Reuters poll: Alfa Laval Q2 order intake was seen at 7.9 billion SEK, net sales 8.8 billion SEK, adjusted ebita 1.44 billion SEK . Says "We expect that demand during the third quarter 2016 will be in line with or somewhat lower than in the second quarter" . Alfa Laval shares drop 4.2 pct after results . Says strategic review that was announced in previous quarter is continuing according to plan . Says result of this review will be presented before end of year .Says operating margin in Process Technology continued to be burdened by a negative mix, which is expected to remain during the rest of the year.  Full Article

Alfa Laval says wins SEK 60 mln order in Russia
Thursday, 18 Feb 2016 02:30am EST 

Alfa Laval AB:Alfa Laval wins SEK 60 million energy-efficiency order in Russia.  Full Article

BRIEF-Nepi Rockcastle says ‍acquired Alfa Centrum Shopping Centre in city of Bialystok