Alfa Laval AB (Publ) Interim Report January 1 - March 31, 2008.STOCKHOLM, Sweden -- Regulatory News: Alfa Laval Alfa Laval AB is a Swedish company, founded in 1883 by Gustaf de Laval and Oscar Lamm. The company is a leading producer of specialized products and solutions used to heat, cool, separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch and (STO:ALFA): "The demand for Alfa Laval's products was strong and order intake reached the record level of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 7.4 billion. The strongest customer segments were Energy & Environment and Marine & Diesel. Our high exposure to emerging markets offset a slowdown in the US, resulting in an organic growth of 6 percent. Combined, Asia, Eastern Europe and Latin America accounted for 51 percent of the Group's order intake. The combination of an increase in invoicing of 22 percent to SEK 6.3 billion, a continued favourable product mix and high internal efficiency resulted in an operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: of 22.5 percent, corresponding to SEK 1.4 billion. We are well positioned for the future, with strong positions in the energy, environment and food areas." Lars Renstrom, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. First quarter: Order intake increased by 8.5 percent * to SEK 7,433 (7,005) million. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight increased by 23.6 percent * to SEK 6,267 (5,150) million. Adjusted EBITA EBITA Earnings Before Interest Taxes Amortization was SEK 1,410 (835) million, including adverse foreign exchange effects of SEK 44 million. Adjusted EBITA-margin was 22.5 (16.2) percent. Result after financial items was SEK 1,256 (681) million. Result after tax increased to SEK 898 (469) million. Earnings per share increased to SEK 8.26 (4.11). Cash flow from operating activities was SEK 729 (550) million. * excluding exchange rate variations Outlook for the near future "We expect the demand to remain on the current high level." (unchanged since the fourth quarter and full year 2007 report published on February 6, 2008) This information was brought to you by Cision http://newsroom.cision.com |
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