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Summary
Order intake increased by 21 percent* to SEK 7,895 (6,455) million.
Net sales increased by 15 percent* to SEK 6,831 (5,899) million.
Adjusted EBITA was SEK 1,128 (1,134) million.
Adjusted EBITA-margin was 16.5 (19.2) percent.
Result after financial items was SEK 1,020 (1,007) million.
Net income was SEK 735 (726) million.
Earnings per share was SEK 1.74 (1.71).
Cash flow from operating activities was SEK 1,037 (438) million.
Impact on EBITA of foreign exchange effects was SEK -25 (-85) million

Alfa Laval fell in the market after reports

Monday, 23 April 2012
Engineering company, Alfa Laval saw its stocks fall on the market on Monday after its report release on Monday. The result was not in line with expectations of future prospects as such not bright enough for that market players to be happy.

Alfa Laval reported a profit before tax of Skr1.02 million for the first quarter of 2012 compared to Skr1007 million for the same period last year. Analysts had, according to reports expected a profit before tax of Skr1.050 million.

Sales rose 15 percent to Skr6831 million (5899), which was marginally higher than expected Skr6805 million. The net profit Skr735 million (718) were also slightly higher than expected Skr729 million. The operating margin was 16.5 percent compared with 19.2 percent in the first quarter of last year.

Order intake was SEK 7.9 billion during the first quarter, an increase with 22 percent compared to the corresponding quarter 2011. Compared to the fourth quarter order intake increased with 17 percent. Large orders reached its highest level this far, SEK 950 million, partly due to a shift from the fourth quarter to the first reports the company in a press release

"The demand was solid for the Process Technology Division. Particularly strong was the demand from the oil and gas industry and power generation. Within the Marine & Diesel division marine systems developed well at the same time as the Equipment division had a stable demand. Most geographical regions showed good growth, with the best development in Central and Eastern Europe and North America.

Sales increased by 16 percent to SEK 6.8 billion compared to the first quarter 2011 at the same time as the operating result was SEK 1.1 billion, corresponding to an operating margin of 16.5 percent.

Compared to last year the operating margin was negatively affected by lower capacity utilization in some factories and product mix, as well as higher overhead costs mainly through investments in sales resources in the BRIC countries,” he report showed.
by Scancomark.se Team

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