Edition:
India

Alfa Laval AB (ALFA.ST)

ALFA.ST on Stockholm Stock Exchange

232.50SEK
18 May 2018
Change (% chg)

1.80kr (+0.78%)
Prev Close
230.70kr
Open
230.90kr
Day's High
232.90kr
Day's Low
230.20kr
Volume
802,676
Avg. Vol
1,406,673
52-wk High
232.90kr
52-wk Low
169.70kr

Latest Key Developments (Source: Significant Developments)

Alfa Laval sees higher demand in Energy unit in Q2 vs Q1
Monday, 23 Apr 2018 

April 23 (Reuters) - Alfa Laval AB CEO and CFO in media conference call::ALFA LAVAL CEO SAYS DEMAND IN MARINE DIVISION SEEN ROUGHLY UNCHANGED IN Q2 VERSUS Q1.ALFA LAVAL CEO SAYS DEMAND IN FOOD & WATER DIVISION SEEN LOWER IN Q2 VERSUS Q1.ALFA LAVAL CEO SAYS DEMAND IN ENERGY DIVISION SEEN HIGHER IN Q2 VERSUS Q1.ALFA LAVAL CEO SAYS OUR ANALYSIS OF TRADE MEASURES VOICED SO FAR FROM THE U.S. AND OTHERS SUGGESTS IT WILL NOT HAVE A SUBSTANTIAL IMPACT ON OUR BUSINESS.ALFA LAVAL CFO SAYS RAW MATERIAL PRICE RISE IN WAKE OF TRADE TENSIONS SO FAR NOT A MAJOR SOURCE OF CONCERN.ALFA LAVAL CEO SAYS VALUATIONS FOR ACQUISITIONS CURRENTLY VERY ELEVATED, WILL ONLY DO BUSINESS THAT IS GOOD FOR ALFA LAVAL.  Full Article

Alfa Laval sells "greenhouse" unit to BITZER
Wednesday, 4 Apr 2018 

April 4 (Reuters) - Alfa Laval AB ::ALFA LAVAL HAS SIGNED AN AGREEMENT TO SELL PARTS OF THE GREENHOUSE BUSINESS TO BITZER.SAYS ‍HAS SIGNED AN AGREEMENT TO SELL ITS COMMERCIAL TUBULAR HEAT EXCHANGER BUSINESS, CURRENTLY PART OF GREENHOUSE DIVISION​.SAYS ‍CLOSING OF AGREEMENT IS EXPECTED ON MAY 1, 2018​.SAYS ‍COMMERCIAL TUBULAR HEAT EXCHANGER BUSINESS REPORTED REVENUES OF ABOUT SEK 120 MILLION IN 2017​.  Full Article

Alfa Laval sell parts of greenhouse business to Nibe
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Alfa Laval AB ::ALFA LAVAL HAS SIGNED AN AGREEMENT TO SELL PARTS OF THE GREENHOUSE BUSINESS TO NIBE.SAYS ‍CLOSING OF AGREEMENT IS EXPECTED DURING Q2 OF 2018​.  Full Article

Nibe buys Alfa Laval’s district heating/cooling business
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Nibe Industrier AB ::REG-NIBE ACQUIRES ALFA LAVAL’S BUSINESS FOR DISTRICT HEATING/COOLING.THE BUSINESS ACQUIRED HAS AROUND 60 EMPLOYEES IN SWEDEN (PRIMARILY IN RONNEBY), FRANCE, RUSSIA, THE CZECH REPUBLIC, FINLAND, THE UNITED KINGDOM AND SLOVAKIA.SALES WERE APPROXIMATELY SEK 300 MILLION IN 2017, WITH POSITIVE OPERATING MARGIN.THE PURCHASE PRICE IS NOT SPECIFIED BECAUSE THE ACQUIRED BUSINESS WILL CONSTITUTE A SMALL PART OF THE NIBE GROUP.  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

Alfa laval CFO says no change to Q3 guidance
Tuesday, 30 Aug 2016 

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

UPDATE 1-Mexico's Alfa posts higher profit, boosted by polyester sales

MEXICO CITY, April 18 Mexican conglomerate Alfa posted a 14.4 percent rise in first quarter net profit on Wednesday, boosted by stronger margins and volumes in its polyester unit and higher domestic sales of processed food.