Le Lézard
Classified in: Science and technology
Subject: ACC

Alfa Laval AB (publ) Interim Report January 1 - March 31, 2020


LUND, Sweden, April 23, 2020 /PRNewswire/ -- Stable first quarter

First quarter

Order intake decreased by 4 percent* to SEK 11,877 (12,213) million.

Net sales increased by 2 percent* to SEK 10,590 (10,158) million. 

Adjusted EBITA**: SEK 1,750 (1,728) million.

Adjusted EBITA margin**: 16.5 (17.0) percent.

Result after financial items: SEK 1,386 (1,622) million.

Net income: SEK 1,024 (1,225) million.                                        

Earnings per share: SEK 2.43 (2.90).

Cash flow from operating activities: SEK 959 (975) million.

Impact on adjusted EBITA of foreign exchange effects: SEK 90 (95) million.

Return on capital employed (%) **: 23.0 (21.9)

Net debt to EBITDA, times **: 0.87 (1.19)

* Excluding currency effects. ** Alternative performance measures.

Outlook for the second quarter

"We expect demand in the second quarter to be lower than in the first quarter."

Earlier published outlook (February 4, 2020): "We expect demand in the first quarter to be about the same as in the fourth quarter."

Dividend

The Board of Directors has withdrawn the dividend proposal for 2019 to preserve cash.  

The Q1 2020 report has not been subject to review by the company's auditors.

This information is information that Alfa Laval AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at CET 12.45 on April 23, 2020.  

For more information, please contact: 

Peter Torstensson
Senior Vice President, Communications
Phone: +46-46-36-72-31
Mobile: +46-709-33-72-31
[email protected]

Joel Davidsson
Interim Investor Relations Manager
Phone: +46-46-36-77-72
Mobile: +46-730-35-46-03
E-mail: [email protected]

Alfa Laval AB (publ)
PO Box 73
SE-221 00 Lund
Sweden 
Corporate registration number: 556587-8054

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/alfa-laval/r/alfa-laval-ab--publ--interim-report-january-1---march-31--2020,c3095236

The following files are available for download:

https://mb.cision.com/Main/905/3095236/1234624.pdf

Release

 

SOURCE Alfa Laval


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