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Alfa Laval AB (ALFA.ST)

ALFA.ST on Stockholm Stock Exchange

198.90SEK
15 Feb 2019
Change (% chg)

-0.30kr (-0.15%)
Prev Close
199.20kr
Open
196.00kr
Day's High
199.90kr
Day's Low
195.80kr
Volume
1,644,298
Avg. Vol
1,442,009
52-wk High
249.80kr
52-wk Low
184.10kr

Latest Key Developments (Source: Significant Developments)

Alfa Laval CEO sees "relatively stable" 2019 despite macro uncertainties
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Alfa Laval AB ::ALFA LAVAL CFO EXPECTS SALES MIX TO IMPROVE IN Q1 VERSUS Q4 AND NET POSITIVE IMPACT FROM PPV AND METALS AND CURRENCY MOVES - ANALYST CALL.ALFA LAVAL CEO SAYS CONTINUE TO SEE RELATIVELY STABLE 2019 DESPITE MACROECONOMIC CONDITIONS BUT DO SEE SLOWDOWN AT SOME POINT BEYOND ON UNDERSTANDING OF BEING AT PEAK OF CYCLE - ANALYST CALL.ALFA LAVAL CEO SAYS NEITHER CUSTOMERS NOR COMPANY HAS VIEW THAT SCRUBBER PORT BANS WILL BECOME A GLOBAL PHENOMENON - ANALYST CALL.ALFA LAVAL CEO SAYS CO'S DELIVERY CAPACITY FOR MARINE SCRUBBERS WILL BE SOMEWHAT HIGHER IN 2020 THAN 2019 BUT WILL REACH FULL LEVEL SOMETIME 2019 WITH H2 INCREASING VERSUS H1 - ANALYST CALL.ALFA LAVAL CEO SAYS "NOT RUSHING" TO BUILD THE BIGGEST ORDER BOOK IN THE INDUSTRY FOR MARINE SCRUBBERS - ANALYST CALL.ALFA LAVAL CEO SAYS COMPANY IS LOOKING TO BOOK ORDERS FOR MARINE SCRUBBERS BEING NEGOTIATED RIGHT NOW IN 2020 AND 2021 - ANALYST CALL.  Full Article

Concentric: Alfdex Will Expand Manufacturing Unit In China
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Concentric AB ::CONCENTRIC'S JOINT-VENTURE ALFDEX WINS IMPORTANT ORDER IN CHINA.ALFDEX AB, A 50/50 JOINT VENTURE BETWEEN ALFA LAVAL AND CONCENTRIC, TODAY ANNOUNCES THAT IT WILL EXPAND ITS MANUFACTURING UNIT IN CHINA.ALFDEX AB WILL EXPAND ITS MANUFACTURING UNIT IN CHINA DURING FIRST HALF OF 2019.CONCENTRIC - JV TO EXPAND ITS MANUFACTURING UNIT IN CHINA TO CAPTURE DEMAND DRIVEN BY CHINESE PLAN TO IMPROVE AIR QUALITY.NEW REGULATION IS EXPECTED TO RESULT IN REPLACEMENT OF ONE MILLION HEAVY DUTY TRUCKS.  Full Article

Lu-Ve Signs Deal To Acquire "Air" Division Of Alfa Laval Group
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - LU-VE SpA ::SIGNS DEAL TO ACQUIRE "AIR" DIVISION OF THE ALFA LAVAL GROUP.PRICE FOR ACQUISITION OF AIR WILL BE PAID IN 3 TRANCHES AND IS DEFINED ON BASIS OF EBITDA 2018.BASED ON DATA CURRENTLY AVAILABLE AND PARTIES' ESTIMATES, FULL PRICE FOR AIR ACQUISITION SHOULD BE BETWEEN EUR 66.0 AND EUR 67.0 MILLION.  Full Article

Alfa Laval to sell parts of air heat exchanger business in "Greenhouse" operations
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Alfa Laval AB ::ALFA LAVAL HAS SIGNED AN AGREEMENT TO DIVEST THE MAJOR PART OF ITS "GREENHOUSE" ACTIVITY, TO THE LU-VE GROUP.SAYS CLOSING OF AGREEMENT IS EXPECTED DURING FIRST HALF OF 2019.SAYS HAS SIGNED AN UMBRELLA AGREEMENT WITH LU-VE GROUP TO SELL PARTS OF ITS AIR HEAT EXCHANGER BUSINESS, RELATED TO COMMERCIAL/INDUSTRIAL AIR HEAT EXCHANGERS.SAYS AIR HEAT EXCHANGER BUSINESS REPORTED REVENUES OF MORE THAN SEK 1 BILLION DURING LAST TWELVE MONTHS.SAYS AGREEMENT TO DIVEST COMMERCIAL/INDUSTRIAL AIR HEAT EXCHANGER BUSINESS TO LU-VE GROUP WILL AFFECT ABOUT 400 EMPLOYEES, MAINLY BASED AT PRODUCTION SITES IN ITALY, FINLAND AND INDIA.SAYS PURPOSE IS TO TRANSFER EMPLOYEES TO LU-VE GROUP AS PER CLOSING DATE OF TRANSACTION.  Full Article

Alfa Laval affirms R&D spend guidance, financial targets unchanged
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Alfa Laval AB ::SAYS REITERATE GUIDANCE ON AN RESEARCH AND DEVELOPMENT SPEND OF 2.5 PERCENT OF SALES, GOING FORWARD.SAYS FOR BALLAST WATER TREATMENT, MARKET POTENTIAL IS UPPED TO APPROXIMATELY EUR 9 BILLION FROM PREVIOUSLY EXPECTED EUR 7 BILLION OVER PERIOD 2018-2026.SAYS FOR SCRUBBERS GOING FORWARD LATEST MARKET REPORTS SHOW A TREND TOWARDS A MARKET POTENTIAL OVER YEARS 2018-2026 THAT IS POSSIBLY HIGHER THAN ONE ALFA LAVAL PROVIDED AT CAPITAL MARKETS DAY IN 2017.SAYS STEP-UP AMORTIZATION OVER COMING TWO YEARS IS EXPECTED TO BE APPROXIMATELY SEK 950 MILLION IN 2019 AND SEK 850 MILLION IN 2020.SAYS ADDITIONALLY, ON GUIDANCE; TAX RATE OF 26 PERCENT IS KEPT UNCHANGED, AS IS DIVIDEND PAY-OUT TARGET OF 40-50 PERCENT OF EPS, ADJUSTED FOR STEP-UP AMORTIZATION.SAYS COMPANY'S FINANCIAL TARGETS FOR GROWTH, PROFITABILITY AND RETURNS ARE KEPT UNCHANGED.  Full Article

Alfa Laval CEO sees "somewhat higher" food & water, energy demand in Q4 vs Q3
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Alfa Laval AB management::ALFA LAVAL CEO SAYS WE EXPECT ORDER INTAKE TO BE SOMEWHAT HIGHER IN Q4 VERSUS Q3 AND THAT HOLDS PARTICULARLY TRUE FOR FOOD AND WATER AND ENERGY.ALFA LAVAL CFO SAYS STARTED TO UPDATE PRICES FOR STANDARD PRODUCTS TO PARTIALLY OFFSET HIGHER METAL PRICES, ALSO WORKING ON SOURCING SAVINGS.ALFA LAVAL CFO SAYS FULL YEAR CAPITAL EXPENDITURE EXPECTED TO BE SLIGHLY ABOVE COMPANY'S PREVIOUS GUIDANCE OF 1.2 BILLION SEK.ALFA LAVAL CEO SAYS DEMAND IN MARINE DIVISION SEEN AT SAME LEVEL IN Q4 VERSUS Q3.ALFA LAVAL CEO SAYS DEMAND IN FOOD & WATER DIVISION SEEN SOMEWHAT HIGHER LEVEL IN Q4 VERSUS Q3.ALFA LAVAL CEO SAYS DEMAND IN ENERGY DIVISION SEEN SOMEWHAT HIGHER LEVEL IN Q4 VERSUS Q3.ALFA LAVAL CEO SAYS DOES NOT EXPECT U.S. PRESIDENT DONALD TRUMP'S COMMENTS ON U.N. RULES ON MARITIME FUEL TO NEGATIVELY IMPACT DEMAND FOR SCRUBBERS FROM SHIPPING SECTOR.  Full Article

Alfa Laval CEO says order book for ship scrubbers full up till 2020
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Alfa Laval AB ::ALFA LAVAL CEO SAYS OUR ORDER BOOK FOR SHIP SCRUBBERS IS FULL UP TILL 2020 AND SOME INSTANCES TILL 2021, EXPECT MARKET TO FILL IN ORDER BOOK FOR 2021-2022 AS WE GO FORWARD.ALFA LAVAL CEO SAYS SEEING BOTTLENECKS IN SUPPLY FOR UPSTREAM OIL AND GAS PRODUCTS, FACING LONG LEAD TIMES IN SOME EQUIPMENTS.ALFA LAVAL CEO SAYS GRADUAL RECOVERY IN OIL AND GAS SECTOR CONTINUING WITH STRONG COMMERCIAL ACTIVITY, THREE-FOURTHS WAY TO PREVIOUS CYCLE PEAK.  Full Article

Alfa Laval Wins SEK 85 Million Energy Efficiency Order
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Alfa Laval AB ::ALFA LAVAL WINS SEK 85 MILLION ENERGY EFFICIENCY ORDER.ALFA LAVAL -ORDER IS BOOKED IN WELDED HEAT EXCHANGERS UNIT OF ENERGY DIVISION.ALFA LAVAL - WON AN ORDER FROM TAIWANESE ENGINEERING CO TO SUPPLY COMPACT HEAT EXCHANGERS TO A PETROCHEMICAL PLANT.ALFA LAVAL - DELIVERIES UNDER ORDER ARE SCHEDULED FOR 2019.  Full Article

Alfa Laval Wins 85 Mln SEK Energy Efficiency Order
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Alfa Laval AB ::ALFA LAVAL WINS SEK 85 MILLION ENERGY EFFICIENCY ORDER.IT IS BOOKED IN WELDED HEAT EXCHANGERS UNIT OF ENERGY DIVISION, WITH DELIVERIES SCHEDULED FOR 2019.ORDER COMPRISES ALFA LAVAL COMPABLOC HEAT EXCHANGERS WHICH WILL BE INSTALLED IN AN ETHYLENE GLYCOL PLANT.  Full Article

Alfa Laval Wins SEK 100 Mln Energy Efficiency Order
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Alfa Laval AB ::ALFA LAVAL WINS SEK 100 MILLION ENERGY EFFICIENCY ORDER.  Full Article

Alfa Laval hit by weaker than expected demand for ship fuel cleaners

STOCKHOLM Swedish engineering group Alfa Laval missed forecasts for new orders on Tuesday, hit by weaker than expected demand for ship exhaust cleaners and sending its shares sharply lower.