Historic divisional EBITA part of historical key figures ahead of the report for the first quarter 2023

On April 19, 2023, Alfa Laval announced a shift in its divisional profitability metric from EBIT to EBITA.

(Low)

(Very Positive)How Sentiment works

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.

How Sentiment works How the balance works

Rhea-AI Summary

On April 19, 2023, Alfa Laval announced a shift in its divisional profitability metric from EBIT to EBITA. This change aims to provide a clearer view of the businesses' underlying performances. The company is making historical quarterly EBITA figures from 2020 available for comparison in future financial reports. Alfa Laval operates in over 100 countries and reported annual sales of SEK 52.1 billion (approximately EUR 4.9 billion) in 2022. Their innovative technologies focus on enhancing energy efficiency, water treatment, and emission reduction, supporting sustainability goals globally.

Positive

Change from EBIT to EBITA better reflects business performance.
Historical divisional EBITA data available for comparison.
Strong annual sales of SEK 52.1 billion shows market strength.
Commitment to sustainability and process optimization.

Negative

None.

Argus Session date unavailable

-2.82% session move Open Argus

Details

News Market Reaction – ALFVY

The recorded move for ALFVY in the trading session of this news was -2.82%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

04/19/2023 - 04:20 AM EDT

LUND, Sweden, April 19, 2023 /PRNewswire/ -- As previously communicated, Alfa Laval is changing its divisional profitability key metric from EBIT to EBITA. The change is made to better reflect the underlying performance of the respective businesses. To enable comparisons in coming financial reports, Alfa Laval today includes the historical divisional EBITA in historical quarterly key figures from 2020.

Divisional historic EBITA to be found in attached historical key figures and on the company's website.

This is Alfa Laval

Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.

Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.

Alfa Laval has 20,300 employees. Annual sales in 2022 were SEK 52.1 billion (approx. EUR 4.9 billion). The company is listed on Nasdaq Stockholm.

www.alfalaval.com

For more information please contact:

Johan Lundin
Head of Investor Relations
Alfa Laval
Phone: + 46 46 36 65 10
Mobile: +46 730 46 30 90

The following files are available for download:

https://mb.cision.com/Main/905/3753839/1993431.pdf	PR EBITA ENG_230419_v2
https://mb.cision.com/Public/905/3753839/bc4ddb5c169b2e98.xlsx	Alfa Laval keyfigures 2002-2022

View original content:https://www.prnewswire.com/news-releases/historic-divisional-ebita-part-of-historical-key-figures-ahead-of-the-report-for-the-first-quarter-2023-301801575.html

SOURCE Alfa Laval

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new metric that Alfa Laval is using?

Alfa Laval is changing its divisional profitability key metric from EBIT to EBITA.

When did Alfa Laval announce the change to EBITA?

Alfa Laval announced the change on April 19, 2023.

What were Alfa Laval's annual sales in 2022?

Alfa Laval reported annual sales of SEK 52.1 billion (approximately EUR 4.9 billion) in 2022.

Why did Alfa Laval change from EBIT to EBITA?

The change was made to better reflect the underlying performance of the respective businesses.

What is the stock symbol for Alfa Laval?

The stock symbol for Alfa Laval is ALFVY.

Historic divisional EBITA part of historical key figures ahead of the report for the first quarter 2023