Alfa Laval AB (publ) Interim Report January 1 - March 31, 2007.STOCKHOLM, Sweden -- January 1 - March 31 2007: * Order intake increased by 35.8 percent * to 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. 7,005 (5,481) 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 33.7 percent * to SEK 5,150 (4,076) million. * Adjusted EBITA EBITA Earnings Before Interest Taxes Amortization was SEK 835 (525) million, including adverse foreign exchange effects of SEK 79 million. * Adjusted EBITA-margin was 16.2 (12.9) percent. * Result after financial items was SEK 681 (426) million. * Result after tax increased to SEK 469 (333) million. * Earnings per share increased to SEK 4.11 (2.90). * Cash flow from operating activities was SEK 550 (392) million. * excluding exchange rate variationsp An excellent start to 2007! "The first quarter 2007 was excellent in many respects. Orders received increased organically with 30 percent and reached a record level of SEK 7 billion. The strongest customer segments were Marine & Diesel and Comfort & Refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. . The acquisition of the Dutch company Helpman with sales of SEK 200 million complements our product offering for the strong European refrigeration market. Orders received grew with 51 percent in Asia and with 45 percent in Latin America. The operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: in the quarter reached 16.2 percent. Our consistent focus on profitability continues to pay off." 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. , Alfa Laval (STO:ALFA) Outlook for the near future "In most of the markets, geographical as well as customer segments that Alfa Laval serves, a continued very strong demand is expected." (unchanged since the fourth quarter and full year 2005 report on February 9, 2006) This information was brought to you by Cision http://newsroom.cision.com |
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