Alfa Laval shares dip as sales, earnings disappoint

Alfa Laval AB

05/02/2025 08:58

Feb 5 (Reuters) -    ** Alfa Laval's  ALFA.ST  shares
fall 5% after the Swedish engineering group reported a mixed set
of results for the fourth quarter 
    ** Q4 orders beat consensus by 3%, driven primarily by a
robust performance in the marine division, while sales and
adjusted EBITA missed expectations by 4% and 11% respectively,
J.P.Morgan says
    ** The group said it expects demand in the first quarter to
be on about the same level compared to the fourth quarter
    ** Alfa Laval is among deepest decliners on the STOXX index
 .STOXX  on Wednesday
        ** The stock is on track for its worst day since Oct.
2022, if losses hold
  

 (Reporting by Tomasz Kanik)
 ((Tomasz.Kanik@thomsonreuters.com))