Alfa Laval Stock Price, News & Analysis

Alfa Laval has signed a significant agreement to supply compact heat exchangers for the largest green hydrogen plant, planned in Neom, Middle East. The facility will harness 4 GW of renewable energy, producing 650 tons of hydrogen daily and generating 1.2 million tons of green ammonia annually. Efficient cooling of electrolyzers is vital for maximizing hydrogen production efficiency, a challenge Alfa Laval aims to address with their advanced technologies. The project aligns with global trends towards sustainable energy, as hydrogen demand is projected to increase by 44% by 2030.

Alfa Laval AB reported strong financial performance for Q3 2022, with order intake rising to SEK 15.2 billion, reflecting a 19% increase and net sales reaching SEK 13.2 billion, an increase of 17%. Adjusted EBITA was SEK 1.93 billion, up 4% with a margin of 14.7%. In the first nine months, order intake rose 17% to SEK 42.9 billion. However, cash flow from operating activities decreased significantly to SEK 1.63 billion from SEK 3.85 billion.

Alfa Laval is set to announce its third quarter earnings on October 25 at 07:30 am CET, followed by a telephone conference at 11:00 am CET. The conference will be led by President and CEO Tom Erixon and CFO Jan Allde. Interested parties may register here or follow the conference via a live webcast. For more details, visit Alfa Laval - Investors.

Alfa Laval's Capital Markets Day is scheduled for 29 November 2022, from 10:00 to 17:00 CET, at its site in Söborg, near Copenhagen. The event will feature executive management discussing the company's strategic direction, operational performance, and opportunities in various business areas. Interested participants need to register on Alfa Laval's website by 14 November. For further inquiries, contact Johan Lundin, Head of Investor Relations, or Beata Ardhe, Executive Assistant.

Alfa Laval has entered into a three-year partnership with Cepsa to enhance process optimization and reduce CO₂ emissions at two Energy Parks in Spain. The collaboration aims at improving energy efficiency through Alfa Laval's compact heat exchangers, projected to boost energy recovery by over 25%. Cepsa's new strategic plan, Positive Motion, targets a 55% reduction in Scope 1 and 2 emissions and 15-20% in Scope 3 emissions by 2030, with a goal of achieving net zero emissions by 2050. This partnership reinforces both companies' commitment to sustainability.

Alfa Laval has announced a global partnership with Spirax Sarco, a leader in steam and thermal energy solutions, making Alfa Laval their preferred supplier of plate heat exchangers for the next three years. This collaboration builds on two decades of cooperation and aims to enhance energy efficiency and sustainability in various industries across Europe, Asia, and the Americas. Alfa Laval's heat exchangers are noted to be up to 50% more energy efficient than traditional options, supporting both Spirax Sarco's and their customers' sustainability goals.

Alfa Laval AB has announced the formation of its Nomination Committee for the Annual General Meeting 2023, comprising members from major shareholders including Tetra Laval and Alecta. The meeting is scheduled for April 25, 2023. Shareholders are invited to propose candidates to the committee, with communications directed to Dennis Jönsson, the Chairman of the Board. Alfa Laval, a leader in heat transfer and fluid handling, reported annual sales of SEK 40.9 billion in 2021 and employs approximately 17,900 people.

Alfa Laval has acquired BunkerMetric, a Scandinavian software firm specializing in advanced decision support tools for marine bunker vessels. This strategic move aims to enhance Alfa Laval's digital marine services and integrate BunkerMetric's optimization tools into its existing platform, StormGeo. With this acquisition, Alfa Laval seeks to provide ship operators with improved bunker procurement plans, ultimately enhancing operational efficiency and profitability. Alfa Laval reported annual sales of SEK 40.9 billion in 2021, emphasizing its commitment to sustainability and innovation.

Alfa Laval has acquired Scanjet, a top supplier of tank cleaning equipment, to enhance its tanker offerings. This acquisition, valued at approximately SEK 300 million, will integrate Scanjet's intelligent tank management solutions with Alfa Laval's sustainable product range, improving customer efficiency in cargo handling. Scanjet, employing about 150 people and located globally, will broaden Alfa Laval's market presence. With annual sales of SEK 40.9 billion, Alfa Laval aims for responsible growth, focusing on sustainability and energy efficiency.