Welcome to our dedicated page for Alfa Laval news (Ticker: ALFVY), a resource for investors and traders seeking the latest updates and insights on Alfa Laval stock.
Alfa Laval (ALFVY) is a global leader in industrial engineering solutions for heat transfer, separation, and fluid handling. This page provides investors and industry professionals with timely updates on the company’s financial performance, technological advancements, and strategic initiatives.
Access official press releases, earnings reports, and analysis of ALFVY’s innovations in marine decarbonization, sustainable processing, and energy efficiency. Our curated news collection covers acquisitions, partnerships, and R&D milestones that shape the company’s position in sectors like energy, food, and water treatment.
Key updates include insights into Alfa Laval’s progress in clean fuel systems, anti-fouling technologies, and operational expansions. Bookmark this page to stay informed about developments impacting the company’s market performance and long-term growth strategy.
Alfa Laval AB announced the repurchase of 84,000 shares between June 21 and June 24, 2021, as part of a SEK 2 billion buyback program initiated to optimize capital structure. Following these transactions, the company now holds 1,071,500 shares. The buyback program, running from April 28, 2021, to April 25, 2022, adheres to EU regulations. The total number of outstanding shares is 418,384,815, indicating a strategic move to enhance shareholder value amidst market dynamics.
Alfa Laval Group will host a Capital Markets Day on November 30, 2021, detailing its strategic direction and operational performance. The event aims to provide insights into specific business areas and future opportunities, potentially held at Alfa Laval's site in Kolding, Denmark, subject to travel restrictions. Additional details about the agenda and registration will be available on the company's website. Alfa Laval, with annual sales of SEK 41.5 billion in 2020, operates in energy, marine, and food & water sectors.
Alfa Laval is set to release its second-quarter earnings on July 20 at 07:30 am CET. Following the earnings announcement, a conference call will be held at 10:00 am CET, hosted by President and CEO Tom Erixon and CFO Jan Allde. Interested participants should register in advance to obtain the necessary dial-in details. The call can also be followed via a live webcast, with links available on the company's investor relations page.
Alfa Laval AB has repurchased 139,500 shares from June 14 to June 18, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize the capital structure and will run until April 25, 2022. The repurchased shares were obtained through Nasdaq Stockholm, with a total holding of 987,500 shares as of June 18, 2021. The company's total shares stand at 419,456,315, with 418,468,815 outstanding shares post-buyback.
During the week of June 7-11, 2021, Alfa Laval AB repurchased 134,000 shares as part of its SEK 2 billion buyback program initiated on April 27, 2021. The program is meant to optimize the company's capital structure and complies with EU regulations. By June 11, 2021, Alfa Laval's total shareholding increased to 848,000 shares, with a total of 419,456,315 shares outstanding. The share buybacks were executed by Nordea on Nasdaq Stockholm, reflecting the company's commitment to enhancing shareholder value.
Alfdex AB, a joint venture between Alfa Laval and Concentric, has secured a contract to supply an electric oil mist separator to a leading global truck manufacturer. This contract, valued at over MSEK 400, will contribute significantly to sales over the next five years. Production is scheduled to start in 2024. Alfdex's innovative electric separators align with stricter emission regulations and enhance CO2 efficiency, reaffirming the company’s position in the market.
Alfa Laval has launched the DuraCirc® pump, designed to enhance standards in the food, dairy, beverage, home, and personal care industries. This innovative pump combines high performance and hygiene safety with easy maintenance, meeting global hygiene standards like EHEDG and 3A. President Nish Patel emphasized its efficiency and simplicity, marking it as a pivotal product in their lineup. With annual sales of SEK 41.5 billion and a commitment to sustainability, Alfa Laval continues to leverage its expertise in various industries.
Alfa Laval AB repurchased a total of 146,000 shares from May 31 to June 4, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The program, running until April 25, 2022, aims to optimize the company's capital structure under EU regulations. As of June 4, 2021, Alfa Laval holds 714,000 shares in treasury, with a total share count of 419,456,315 and 418,742,315 outstanding shares excluding its own shares.
Alfa Laval has finalized the acquisition of StormGeo for MNOK 3,630, enhancing its capabilities in weather intelligence and digital services for the marine industry. This cash-financed purchase, neutral to Alfa Laval's EBITA margin and earnings per share, positions the company to improve operational efficiency and safety for its customers. Founded in 1997, StormGeo generated MNOK 714 in sales in 2020 and operates globally, focusing on sustainable business decisions. The acquisition aligns with Alfa Laval's commitment to responsible growth and environmental stewardship.
Alfa Laval AB announced the repurchase of 125,500 shares from May 24 to May 28, 2021, as part of a SEK 2 billion buyback program initiated on April 27, 2021. This program aims to enhance the company’s capital structure and complies with EU regulations. The shares were bought at prices ranging from SEK 299.61 to SEK 309.48, totaling approximately SEK 37 million. Post-buyback, Alfa Laval holds 568,000 shares out of a total of 419,456,315 shares, with 418,888,315 outstanding shares. The buyback is expected to support shareholder value.