Brief: Alfa Laval Outlook In Q4 Expected To Be About Same As In Q3

Alfa Laval AB

25/10/2023 06:39

Oct 25 (Reuters) - Alfa Laval AB  ALFA.ST :
    * Q4 OUTLOOK: WE EXPECT DEMAND IN Q4 TO BE ABOUT SAME AS IN
Q3
    * Q3: SERVICE BUSINESS CONTINUED STRONG GROWTH TREND FROM
RECENT
YEARS
    * Q3: CONSIDERABLE STRENGTH IN PARTS OF MARINE AND ENERGY
SECTORS
COMPENSATED FOR WEAKER MARKET CONDITIONS IN CONSTRUCTION AND
FOOD SECTORS
    * DELIVERY PERFORMANCE HAS IMPROVED SIGNIFICANTLY SINCE
SUPPLY
CHAIN DISRUPTIONS DURING PANDEMIC, WITH JUST A FEW BOTTLENECKS
REMAINING
    * GUIDANCE OF GRADUALLY IMPROVED MARGIN IN MARINE DIVISION
STARTING IN THIRD QUARTER MATERIALIZED AS EXPECTED
    * ENERGY DIVISION HAD ANOTHER STRONG QUARTER, MAINTAINING
MARGIN
ON ELEVATED LEVEL ABOVE 20%
    * FOOD & WATER DIVISION REMAINED ON STABLE MARGIN LEVEL
ABOVE 15%
    * INVESTMENTS IN RESEARCH AND DEVELOPMENT AND MANUFACTURING
CAPACITY WILL REMAIN ON CURRENT HIGH LEVEL IN NEXT FEW YRS

Source text for Eikon:  ID:nWkr4fbRcj 
Further company coverage:  ALFA.ST 

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