Report for Q3 2020

Tom Erixon

President and CEO Alfa Laval Group

22/10/2020 | © Alfa Laval

2 | www.alfalaval.com

Key figures

Q3 2020

Q3 2019

%-change

%-▲,org*

Order intake

8,935

10,728

-17

-9

Net sales

9,728

12,056

-19

-13

Adjusted EBITA**

1,710

2,141

-20

Adjusted EBITA-margin (%)

17.6

17.8

YTD 2020

YTD 2019

%-change

%-▲,org*

Order intake

30,561

32,966

-7

-4

Net sales

30,773

33,553

-8

-5

Adjusted EBITA***

5,262

5,739

-8

Adjusted EBITA-margin (%)

17.1

17.1

*) Organic growth i.e. excluding currency effects and structural changes.

**) Positive currency effect SEK 10 million (85) ***) Positive currency effect SEK 160 million (275).

22/10/2020 | © Alfa Laval

3 | www.alfalaval.com

Food & Water division

  • Highlights and comments

MARKETS & ORDER INTAKE

  • Overall demand increased somewhat compared to the same quarter last year.
  • All end markets developed better than expected, however project business still slow.
  • Service was stable in the quarter.

PROFITABILITY (EBIT)

  • Strong operating profit due to good cost control, factory productivity and improved cost of quality.

Q3 20

Q3 19

YoY %-

Q2 20

change

ORDERS

3,083

3,306

-6.7

3,396

SALES

3,291

3,763

-12.5

3,241

EBIT

638

607

533

EBIT (%)

19.4

16.1

16.4

4 000

1 000

3 500

800

3 000

600

2 500

400

2 000

200

1 500

0

Q316 Q416 Q117 Q217 Q317 Q417 Q118 Q218 Q318 Q418 Q119 Q219 Q319 Q419 Q120 Q220 Q320

Sales

EBIT

22/10/2020 | © Alfa Laval

4 | www.alfalaval.com

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Alfa Laval AB published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 05:39:07 UTC