Alfa Laval AB (publ) Interim report April 1 - June 30, 2006.STOCKHOLM, Sweden -- "The order intake during the quarter was exceptional and increased with 36 percent for 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 , an increase excluding the acquisition of Tranter of 24 percent. The strongest growth came from Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Asia. The recovery in Western Europe, which started during the end of last year, continued. Our focus on profitability and the high capacity utilization gave a continued improvement of the operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: ." - 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) Summary of the second quarter 2006: --Order intake increased 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. 6,217 (4,574) million, meaning an increase by 35.2 percent excluding exchange rate variations. --Net sales increased to SEK 4,876 (4,101) million, meaning an increase by 17.5 percent excluding exchange rate variations. --Adjusted EBITA EBITA Earnings Before Interest Taxes Amortization increased to SEK 707 (422) million, including positive foreign exchange effects of SEK 19 million. --Adjusted EBITA-margin increased to 14.5 (10.3) percent. --Result after financial items increased to SEK 587 (342) million. --Cash flow from operating activities increased to SEK 517 (277) million. Summary of the first six months 2006: --Order intake increased to SEK 11,698 (8,578) million, meaning an increase by 31.3 percent excluding exchange rate variations. --Net sales increased to SEK 8,952 (7,369) million, meaning an increase by 16.6 percent excluding exchange rate variations. --Adjusted EBITA increased to SEK 1,232 (752) million, including positive foreign exchange effects of SEK 49 million. --Adjusted EBITA-margin increased to 13.8 (10.2) percent. --Result after financial items increased to SEK 1,013 (418) million. --Result after tax increased to SEK 788 (316) million. --Earnings per share increased to SEK 6.87 (2.65). --Cash flow from operating activities increased to SEK 909 (294) million. 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." (The outlook for the near future has remained unchanged since the outlook in the fourth quarter and full year 2005 report issued on February 9, 2006.) This information was brought to you by Waymaker http://www.waymaker.net |
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