Brief: Alfa Laval Sees Q3 Demand To Be On Somewhat Lower Level Compared To Q2

Alfa Laval AB

23/07/2024 06:34

July 23 (Reuters) - Alfa Laval AB  ALFA.ST :
    * WE EXPECT DEMAND IN Q3 TO BE ON A SOMEWHAT LOWER LEVEL COMPARED TO Q2
    * MARKET CONDITIONS ARE EXPECTED TO  REMAIN ON A HIGH LEVEL DURING THE THIRD QUARTER.
    * ENERGY: Q3 IS  EXPECTED TO BE BOTTOM OF CYCLE FOR DIVISION EVEN IF HEAT PUMP MARKET MAY
TAKE A
BIT LONGER TO RECOVER
    * MARINE: RECOVERY FROM MARGIN PRESSURE DURING LATE 2022 AND FIRST  HALF OF 2023 IS NOW
COMPLETED
    * ENERGY: WEAKER BASE  BUSINESS AND PROJECT DELAYS, ESPECIALLY IN CLEANTECH, DUE TO 
INCREASED
PROJECT COSTS

Source text for Eikon:  ID:nWkr5W1LNW 
Further company coverage:  ALFA.ST 

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