Alfa Laval: mixed results weigh on share
(CercleFinance.com) - Swedish engineering group Alfa Laval fell on the Stockholm Stock Exchange on Wednesday following the release of mixed quarterly results, marked by slightly better-than-expected order intake but sales and operating income that were below expectations.
The share price of the heat exchange and fluid separation and transfer specialist fell by almost 5%, making it one of the biggest fallers on the pan-European STOXX Europe 600 index.
Orders for Alfa, whose products are used in the energy, food and marine industries, grew organically by 8% in the fourth quarter, to 18.5bn SEK.
This figure was higher than the consensus target of 17.9bn SEK.
Sales rose by 2% on an organic basis, to 18.3bn SEK, against analysts' expectations of 19bn SEK.
Ebitda came to 2.92bn SEK, compared with 2.83bn SEK a year earlier, against a consensus of 3.28bn SEK.
For Q1 2025, the group said it expected demand to be relatively stable compared with Q4 2024.
It should be noted that Alfa Laval also announced this morning the acquisition of the British NRG Marine, a supplier of ultrasonic antifouling technologies for the marine, energy and industrial sectors.
The transaction should be completed in Q2.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The share price of the heat exchange and fluid separation and transfer specialist fell by almost 5%, making it one of the biggest fallers on the pan-European STOXX Europe 600 index.
Orders for Alfa, whose products are used in the energy, food and marine industries, grew organically by 8% in the fourth quarter, to 18.5bn SEK.
This figure was higher than the consensus target of 17.9bn SEK.
Sales rose by 2% on an organic basis, to 18.3bn SEK, against analysts' expectations of 19bn SEK.
Ebitda came to 2.92bn SEK, compared with 2.83bn SEK a year earlier, against a consensus of 3.28bn SEK.
For Q1 2025, the group said it expected demand to be relatively stable compared with Q4 2024.
It should be noted that Alfa Laval also announced this morning the acquisition of the British NRG Marine, a supplier of ultrasonic antifouling technologies for the marine, energy and industrial sectors.
The transaction should be completed in Q2.
Copyright (c) 2025 CercleFinance.com. All rights reserved.