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Alfa Laval AB (ALFA.ST)

ALFA.ST on Stockholm Stock Exchange

208.30SEK
20 Jun 2019
Change (% chg)

4.30kr (+2.11%)
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Volume
1,413,769
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1,053,987
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249.80kr
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184.10kr

Latest Key Developments (Source: Significant Developments)

Alfa Laval Issues Corporate Bonds Of EUR 300 Million
Wednesday, 19 Jun 2019 

June 19 (Reuters) - Alfa Laval AB ::ALFA LAVAL ISSUES CORPORATE BONDS.ALFA LAVAL ISSUES CORPORATE BONDS.BONDS CARRY A COUPON OF 0.250 PERCENT ANNUALLY..PROCEEDS WILL BE USED TO REFINANCE A EUR 300 MILLION BOND, MATURING IN SEPTEMBER 2019..PROCEEDS WILL BE USED TO REFINANCE A EUR 300 MILLION BOND, MATURING IN SEPTEMBER 2019..HAS ISSUED FIVE-YEAR BONDS WITH A PRINCIPAL AMOUNT OF EUR 300 MILLION, WITH MATURITY ON JUNE 25, 2024.  Full Article

Alfa Laval Completes Divestment Of Major Part Of Greenhouse Division
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Alfa Laval AB ::ALFA LAVAL COMPLETES DIVESTMENT OF THE MAJOR PART OF THE GREENHOUSE DIVISION.PAYMENT AT CLOSING WILL BE EUR 43.6 MILLION, REFLECTING A MAJORITY OF FINAL PURCHASE PRICE.SECOND PART WILL BE PAID WITHIN TWELVE MONTHS AND BASED ON PERFORMANCE.  Full Article

Alfa Laval wins 110 mln SEK natural gas order
Thursday, 28 Mar 2019 

March 28 (Reuters) - Alfa Laval AB ::ALFA LAVAL WINS SEK 110 MILLION NATURAL GAS ORDER.HAS WON AN ORDER TO SUPPLY AIR COOLER SYSTEMS TO A GAS PROCESSING PLANT IN U.S.ORDER HAS A VALUE OF APPROXIMATELY SEK 110 MILLION. IT IS BOOKED IN WELDED HEAT EXCHANGERS UNIT OF ENERGY DIVISION, WITH DELIVERIES SCHEDULED FOR 2019.  Full Article

Alfa sees Q1 demand similar to Q4 for energy, food units and higher for marine
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Alfa Laval AB ::ALFA LAVAL CEO SAYS CANNOT EXCLUDE THAT MARGIN EROSION IN Q4 IN ENERGY DIVISION WILL CONTINUE TO HAVE SOME EFFECT IN Q1.ALFA LAVAL CEO SAYS FEEL BUSINESS CONDITIONS REMAIN GOOD MOVING INTO Q1.ALFA LAVAL CEO SAYS MAIN VOLATILITY IN MARINE ORDERS RELATED TO RAMP UP ISSUES IN SCRUBBER AND BALLAST ORDERS DUE TO DOWNPAYMENT ISSUES IN THESE BUSINESSES, BUT "RIGHT ON TARGET AND PLAN".ALFA LAVAL CEO SAYS SEQUENTIALLY IN Q1 EXPECT ENERGY AND FOOD UNITS REMAINING ON HIGH LEVEL VERSUS Q4 AND FOR MARINE DIVISION EXPECT HIGHER ORDER INTAKE.ALFA LAVAL CEO SAYS THE RECENT PORT BANS ON DISCHARGE OF SCRUBBER WATER HAS NEITHER AFFECTED DEMAND IN SECTOR NOR CHANGED MIX PICTURE AS WE'RE CONCERNED.  Full Article

Alfa Laval agrees to buy technology and activities from Airec
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Alfa Laval AB ::ALFA LAVAL ACQUIRES TECHNOLOGY TO FURTHER DRIVE SUSTAINABLE ENERGY SOLUTIONS.ALFA LAVAL AB SAYS HAS SIGNED AN AGREEMENT TO ACQUIRE CERTAIN TECHNOLOGIES AND ACTIVITIES, WITH SALES OF SEK 14 MILLION LTM JUNE 2018, FROM AIREC.ALFA LAVAL AB SAYS NEW COMPANY WILL BE INTEGRATED INTO BRAZED & FUSION BONDED HEAT EXCHANGERS UNIT OF ENERGY DIVISION.ALFA LAVAL AB SAYS TECHNOLOGY FOR DIMPLE ASYMMETRICAL HEAT EXCHANGERS OPENS MANY INTERESTING MARKETS AND APPLICATIONS FOR ALFA LAVAL, ESPECIALLY IN GAS-HANDLING DUTIES.  Full Article

Alfa Laval sees slightly stronger FX tailwind for FY2017
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Alfa Laval AB :SAYS ‍TOTAL POSITIVE FX EFFECT IS EXPECTED TO BE SEK 210 MILLION THIS YEAR AND WITH A POSITIVE FX TRANSACTION EFFECT OF SEK 70 MILLION IN 2018.OCT FORECAST WAS FOR POSITIVE FY2017 FX IMPACT OF SEK 200 MILLION​.SAYS ‍REITERATED CURRENT FINANCIAL TARGETS FOR GROWTH, PROFITABILITY AND RETURNS​.SAYS ‍ADJUSTING OUR RESEARCH AND DEVELOPMENT GUIDANCE SLIGHTLY UPWARDS, TO 2.5 PERCENT - OR LESS, GOING FORWARD​.SAYS ‍WHILE GUIDANCE FOR REGULAR CAPEX REMAINS AT 2 PERCENT OF REVENUES, PROJECTS SUCH AS FOOTPRINT PROGRAMME WILL COME ON TOP, ADDING SOME SEK 700 MILLION IN TOTAL OVER PERIOD 2018 TO 2019​.  Full Article

Alfa Laval wins SEK 55 mln refinery order
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Alfa Laval AB :ALFA LAVAL WINS SEK 55 MILLION REFINERY ORDER.SAYS ‍DELIVERIES SCHEDULED FOR 2018​.  Full Article

Alfa Laval says CFO Thuresson to retire, ABB'S Allde appointed as replacement
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Alfa Laval AB :Alfa Laval appoints Jan Allde to new Chief Financial Officer, from early 2018.Allde has been appointed effective February 1, 2018. .Says today Jan Allde holds the position as Senior Vice President & Chief Financial Officer, Americas for the ABB Group <<>>.Says ‍Thomas Thuresson, CFO of Alfa Laval Group, has decided to go into early retirement.Thuresson started with Alfa Laval in 1988 and has held several senior financial positions, both in Sweden and abroad. .In 1992, he took up the responsibility as Chief Financial Officer on Group level and became a member of the Alfa Laval Group Management​.  Full Article

Alfa Laval CEO sees higher demand for Energy, Marine units in Q4
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Alfa Laval AB in Q3 media conference call::CEO says demand in Energy and Marine divisions seen slightly higher in Q4 versus Q3.CEO says demand in Food & Water division seen at about same level in Q4 as in Q3.Alfa laval sees FY2017 FX impact on adjusted EBITA of SEK +200 million versus previous forecast +180 million - presentation material.CEO says gradual recovery in upstream oil and gas-related business continued through Q3.  Full Article

Alfa Laval Q3 core profit just misses forecast
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Alfa Laval AB :Q3 ‍adjusted EBITA SEK 1,310 million vs yr-ago 1,339 million​.Q3 ‍order intake increased by 15 percent, excluding currency effects, to SEK 8,418 million .Reuters poll: Alfa Laval Q3 order intake was seen at SEK 8.6 billion, adjusted EBITA at SEK 1,356 million​.Says ‍compared to previous quarter, order intake decreased as expected, mainly due to fewer bookings of large orders, fewer projects within Food & Water and a normal seasonality for HVAC applications​.Says ‍changes in manufacturing structure continued according to plan​.Says ‍we expect that demand during Q4 2017 will be somewhat higher than in Q3​.  Full Article

UPDATE 2-Alfa Laval hit by weaker than expected demand for ship fuel cleaners

* CEO sees sequential improvement in marine, group orders (Adds CEO, analyst comments, background, detail, shares)