Alfa Laval Stock Price, News & Analysis

Alfa Laval AB has repurchased a total of 112,000 shares from November 15 to November 19, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021.

The buyback aims to optimize the company's capital structure and is regulated under the EU Market Abuse Regulation. Following these transactions, Alfa Laval holds 3,455,000 shares out of a total of 419,456,315 shares, with 416,001,315 outstanding shares. The program runs until April 25, 2022.

Alfa Laval AB has repurchased 109,000 shares from November 8-12, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This buyback aims to optimize the company's capital structure and is in compliance with EU Market Abuse Regulations. Following these transactions, Alfa Laval holds a total of 3,343,000 own shares, out of 419,456,315 total shares, leaving 416,113,315 outstanding shares. The buybacks reflect the company's commitment to enhancing shareholder value.

Alfa Laval AB has repurchased a total of 105,000 shares from November 1 - November 5, 2021, part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program, ongoing until April 25, 2022, aims to optimize the capital structure in compliance with EU regulations. The latest acquisitions increased Alfa Laval's treasury stock to 3,234,000 shares. As of November 5, 2021, the total shares amount to 419,456,315, with 416,222,315 shares outstanding.

Alfa Laval has become the first company to officially join ABB's energy efficiency movement at COP26, aimed at increasing awareness of energy efficiency solutions to combat climate change. Launched in March 2021, this initiative aligns with Alfa Laval's commitment to boosting energy efficiency through its advanced technologies, which can improve efficiency by up to 50%. The company seeks a 5% enhancement in energy efficiency metrics by 2023. Alfa Laval’s technologies are already saving 50GW of energy annually, reducing carbon emissions significantly in the process.

Alfa Laval announced its involvement with the Long Duration Energy Storage (LDES) Council at COP26 in Glasgow. The council aims to support the transition to net-zero emissions by 2040 by promoting cost-effective energy storage solutions.

With global emissions heavily linked to the power sector, the council will focus on long duration energy storage to optimize renewable energy use. Key founding members include leading companies such as BP and Siemens Energy. The first report from the council will be released on November 23, 2021, emphasizing the necessity of LDES in achieving decarbonization targets.

Alfa Laval AB has repurchased 115,000 shares between October 25 and October 29, 2021, as part of its ongoing SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize its capital structure and runs until April 25, 2022. The company now holds a total of 3,129,000 shares of its own stock, with 416,327,315 outstanding shares. The buybacks have been executed on Nasdaq Stockholm, demonstrating the company's commitment to shareholder value.

Alfa Laval has launched the new PlusClean® tank cleaning nozzle, setting a benchmark for the food, dairy, beverage, and pharmaceutical sectors. This innovative nozzle offers 100% tank cleaning coverage while saving up to 80% in water and cleaning media, promoting sustainability. Its design ensures no risk of contamination, enhancing performance in demanding industries. President Nish Patel highlighted that this product not only improves process efficiency and product quality but also supports responsible use of natural resources, benefiting both customers and society.

Alfa Laval has inaugurated a new greenfield manufacturing site in San Bonifacio, Italy, focusing on producing brazed heat exchangers. This state-of-the-art facility, featuring advanced automation and sustainable energy solutions like rooftop solar panels, enhances Alfa Laval's capacity to meet European market demands. The site spans a total area of 31,000 m², with 13,400 m² dedicated to production. This initiative aligns with the company's Industry 4.0 strategy, aiming for smarter and more efficient manufacturing processes.

Alfa Laval AB reported strong financial results for Q3 2021, with order intake rising 31% to SEK 11,680 million and net sales increasing 7% to SEK 10,275 million. The adjusted EBITA margin improved to 18.0%, with adjusted EBITA at SEK 1,854 million. For the first nine months, order intake was up 18%, net sales decreased 1%, and adjusted EBITA fell to SEK 5,122 million, reflecting a 17.5% margin. Despite these challenges, net income rose to SEK 3,323 million. The outlook for Q4 remains stable, predicting consistent demand.