Alfa Laval AB (publ) Interim report July 1 - September 30, 2023
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Details
News Market Reaction – ALFVY
The recorded move for ALFVY in the trading session of this news was +1.86%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Highlights
- Order intake increased by 12 percent to
SEK 17.0 (15.2) billion. - Net sales increased by 20 percent to
SEK 15.8 (13.2) billion. - Adjusted EBITA increased by 36 percent to
SEK 2.6 (1.9) billion, corresponding to a margin of 16.7 (14.7) percent. - Cash flow from operating activities of
SEK 2.9 (0.7) billion. - Earnings per share of
SEK 4.29 (2.92).
Summary
Third quarter
Order intake increased by 9 percent* to SEK 17,032 (15,202) million.
Net sales increased by 16 percent* to SEK 15,768 (13,184) million.
Adjusted EBITA**: SEK 2,626 (1,934) million.
Adjusted EBITA margin**: 16.7 (14.7) percent.
Result after financial items: SEK 2,345 (1,581) million.
Net income: SEK 1,781 (1,225) million.
Earnings per share: SEK 4.29 (2.92).
Cash flow from operating activities: SEK 2,932 (670) million.
Impact on adjusted EBITA of foreign exchange effects: SEK 230 (120) million.
First nine months
Order intake increased by 20 percent* to SEK 53,822 (42,878) million.
Net sales increased by 22 percent* to SEK 45,759 (35,651) million.
Adjusted EBITA**: SEK 7,391 (5,709) million.
Adjusted EBITA margin**: 16.2 (16.0) percent.
Result after financial items: SEK 6,396 (4,417) million.
Net income: SEK 4,811 (3,309) million.
Earnings per share: SEK 11.56 (7.89).
Cash flow from operating activities: SEK 5,278 (1,629) million.
Impact on adjusted EBITA of foreign exchange effects: SEK 550 (250) million.
Impact on result after financial items of comparison distortion items: SEK - (-327) million.
Return on capital employed (%) **: 19.4 (18.2).
Net debt to EBITDA, times **: 1.19 (1.50).
* Excluding currency effects. ** Alternative performance measures.
Outlook for the fourth quarter:
"We expect demand in the fourth quarter to be about the same as in the third quarter."
Earlier published outlook (July 20, 2023): "Despite slowing economic activity, demand in Alfa Laval's end-markets is expected to remain unchanged although affected by third quarter lower seasonality."
The Q3 2023 report has been reviewed by the company's auditors, see page 27 for the review report.
This information is information that Alfa Laval AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at CET 7.30 on October 25, 2023.
For more information, please contact:
Johan Lundin, Head of Investor Relations
Phone: +46 46 36 65 10,
Mobile: +46 730 46 30 90,
E-mail: johan.lundin@alfalaval.com
Alfa Laval AB (publ)
PO Box 73
SE-221 00 Lund
Corporate registration number: 556587-8054
Visiting address:
Rudeboksvägen 1
Phone: + 46 46 36 65 00
Website: www.alfalaval.com
The following files are available for download:
2023 Q3 Quarterly report |
View original content:https://www.prnewswire.com/news-releases/alfa-laval-ab-publ-interim-report-july-1---september-30-2023-301966849.html
SOURCE Alfa Laval