Alfa Laval Stock Price, News & Analysis

Alfa Laval is investing SEK 3.8 billion to expand production capacity for heat exchangers at facilities in Sweden, Italy, China, and the US. This decision, announced on Feb. 1, 2023, aims to meet rising demand during the global energy transition, particularly in sectors like hydrogen, heat pumps, and data centers. The CEO, Tom Erixon, highlighted the strong demand for their products despite economic volatility. With 17,900 employees and annual sales of SEK 40.9 billion in 2021, Alfa Laval is committed to sustainability and process optimization.

Alfa Laval is set to release its fourth quarter earnings on February 2 at 07:30 am CET. A telephone conference will follow at 10:00 am CET, hosted by President and CEO Tom Erixon and CFO Fredrik Ekström.

Interested parties can register for the conference call here or follow the live webcast available on the Alfa Laval Investors page.

Alfa Laval has signed a deal with a CVR Energy subsidiary to provide processing systems for feedstock pre-treatment, aiming to bolster renewable biofuel production.

The agreement highlights Alfa Laval's commitment to sustainable energy, as U.S. and European refineries transition towards biofuels. The International Energy Agency anticipates that biofuels will constitute 64% of renewable energy consumption in the transport sector by 2030.

Alfa Laval's expertise positions it as a reliable partner in this energy shift, with global biofuel demand projected to grow by 28% by 2026.

Alfa Laval participates in COP27, the UN Climate Change Conference, as part of the Swedish delegation to accelerate the transition to net zero by 2050. The company will host discussions on energy efficiency and fossil-free steel use. Key speakers emphasize the need for action and collaboration to achieve the Paris Agreement goals. Alfa Laval aims for carbon neutrality by 2030 while promoting energy-efficient technologies. In 2021, the company reported annual sales of SEK 40.9 billion (EUR 4 billion) and has 17,900 employees.

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.