Brief: Alfa Laval Expects Demand To Increase In Q2

Alfa Laval AB

25/04/2024 13:47

April 25 (Reuters) - Alfa Laval AB  ALFA.ST :
    * OUTLOOK: WE EXPECT DEMAND IN Q2 TO BE SOMEWHAT HIGHER THAN
IN Q1
    * SHIP CONTRACTING MARKET REMAINED STRONG, ESPECIALLY IN
TANKER,
WHICH COMPENSATED PARTLY FOR TEMPORARY SLOWDOWN IN OFFSHORE
    * MARINE DIVISION DECLINED SOMEWHAT VERSUS LAST YEAR’S
RECORD
QUARTER, MAINLY DUE TO OFFSHORE MARKET WHICH NOW HAS FULL
PROJECT PIPELINE
    * DESPITE SOME VOLATILITY IN SPECIFIC END-MARKETS, MARKET
CONDITIONS ARE TO REMAIN FAVOURABLE IN Q2 AND BE ON ABOUT THE
SAME LEVEL AS IN Q1

Source text for Eikon:  ID:nWkr3TWtnR 
Further company coverage:  ALFA.ST 

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