July 22 (Reuters) - Alfa Laval AB ALFA.ST:
Q2 ORDERS SEK 16,299 MILLION
Q2 ADJUSTED EBITA MARGIN 17.8%
Q2 ADJUSTED EBITA SEK 3,001 MILLION
Q2 SALES SEK 16,819 MILLION VERSUS. IBES ESTIMATE SEK 17,493 MILLION
Q2 NET INCOME SEK 2,025 MILLION
OUTLOOK FOR Q3: WE EXPECT DEMAND IN Q3 TO BE SOMEWHAT HIGHER COMPARED TO Q2
DEMAND WAS SEQUENTIALLY STABLE IN THE QUARTER AND REGIONALLY BOTH CHINA AND THE US DEVELOPED WELL
IN MARINE DIVISION, DECLINE IN CARGO PUMPING WAS TO SOME DEGREE OFFSET BY STRONG GROWTH IN ALL OTHER PARTS OF THE DIVISION
ENERGY DIVISION WAS STABLE, AND ORDER INTAKE GREW 2 PERCENT ORGANICALLY, WITH A CLEAR RECOVERY IN THE HVAC MARKET AS EXPECTED
Source text: ID:nWkr9jRxk3
Further company coverage: ALFA.ST
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