Alfa Laval Stock Price, News & Analysis

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.

On November 29, 2022, Alfa Laval Group will host a Capital Markets Day at its facility near Copenhagen, Denmark. Executive management will discuss the company's strategic direction and operational performance, with in-depth analyses of specific business areas and future opportunities. More details, including an agenda and registration information, will be available on Alfa Laval's website closer to the event.

Alfa Laval has finalized the acquisition of Desmet from the Desmet Ballestra Group, enhancing its footprint in the renewable energy sector and edible oils market. The deal, valued at approximately EUR 300 million in 2021 turnover, enables Alfa Laval to leverage Desmet's expertise for innovations in food, feed, and biofuels. Desmet will function as a standalone entity within Alfa Laval's Food & Water Division, reinforcing its commitment to sustainability and operational efficiency.

Alfa Laval announced the appointment of Fredrik Ekström as the new Chief Financial Officer, effective November 1, 2022. Previously President of the Brazed & Fusion Bonded Heat Exchangers division, Ekström has 24 years of experience within the company and an MBA from the University of Illinois. His role will encompass Investor Relations, Internal Audit, IT, and Group Finance. The current CFO, Jan Allde, will serve until October 31, 2022. CEO Tom Erixon emphasized Ekström's vast experience as crucial for the company's ongoing transformation in finance and IT.

Alfa Laval will announce its second-quarter earnings on July 20 at 07:30 am CET. A telephone conference hosted by CEO Tom Erixon and CFO Jan Allde will follow at 10:00 am CET. Participants are encouraged to dial in 10 minutes prior to the start. Dial-in numbers are provided for various countries including Denmark, Germany, Sweden, and the UK. A live webcast will also be available for those who wish to follow online. For more information, visit Alfa Laval - Investors.

Alfa Laval has announced the acquisition of Scanjet, a global leader in tank cleaning solutions for marine, offshore, and industrial sectors. This strategic move aims to enhance Alfa Laval's tanker product offering and is expected to close in Q3 2022. Scanjet, which has a turnover of approximately SEK 300 million and employs around 150 people, will contribute intelligent tank management solutions that reduce water and energy consumption. This acquisition aligns with Alfa Laval's commitment to sustainability and improving customer efficiency in cargo handling.