Brief: Alfa Laval Expects Demand In Q1 Somewhat Lower Than In Q4

Alfa Laval AB

06/02/2024 06:37

Feb 6 (Reuters) - Alfa Laval AB  ALFA.ST :
    * BOARD OF DIRECTORS WILL PROPOSE A DIVIDEND OF SEK 7.50
(6.00)
PER SHARE TO ANNUAL GENERAL MEETING.
    * Q1 OUTLOOK: WE EXPECT DEMAND IN Q1 TO BE SOMEWHAT LOWER
COMPARED
TO Q4
    * IN THE ENERGY DIVISION, A WEAK DEMAND IN THE HVAC
APPLICATIONS 
WAS COMPENSATED BY SOLID MARKET CONDITIONS IN OTHER END-MARKETS
    * THE FOOD & WATER DIVISION BOOKED A NEW RECORD IN ORDER
INTAKE OF
SEK 7.3 BILLION,  MAINLY SUPPORTED BY THE PROJECT RELATED
BUSINESS AND LARGE ORDERS
    * ORDER  INTAKE IN THE MARINE DIVISION AMOUNTED TO SEK 5
BILLION,
SOMEWHAT LOWER COMPARED TO THE VERY STRONG  ORDER INTAKE IN
RECENT QUARTERS
    * MARINE DIVISION CONTINUED THE MARGIN RECOVERY AS  EXPECTED
WITH
A MARGIN OF 18 PERCENT

Source text for Eikon:  ID:nWkrbFqGkn 
Further company coverage:  ALFA.ST 

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