Cost program protects profitability * Order intake on about the same level as last year.
Adjusted EBITA margin improved to 17.2 % supported by the cost reduction rogram. * Strong liquidity focus during the quarter increased cash flow from operating activities with
Summary
Second quarter
Order intake was unchanged at
Net sales decreased by 6 percent to
Adjusted EBITA:
Adjusted EBITA margin: 17.2 (16.5) percent.
Result after financial items:
Net income:
Earnings per share:
Cash flow from operating activities:
Impact on adjusted EBITA of foreign exchange effects:
Impact on result after financial items of comparison distortion items: SEK - (196) million.
First six months
Order intake decreased by 3 percent to
Net sales decreased by 2 percent to
Adjusted EBITA:
Adjusted EBITA margin: 16.9 (16.7) percent.
Result after financial items:
Net income:
Earnings per share:
Cash flow from operating activities:
Impact on adjusted EBITA of foreign exchange effects:
Impact on result after financial items of comparison distortion items: SEK - (196) million.
Return on capital employed (%) : 22.5 (22.2).
Net debt to EBITDA, times : 0.58 (1.30).
Excluding currency effects. Alternative performance measures.
Outlook for the third quarter
'We expect demand in the third quarter to be somewhat lower than in the second quarter.'
Earlier published outlook (
The Q2 2020 report has not been subject to review by the company's auditors.
This information is information that
Contact:
Tel: +46 46 36 72 31
Email: peter.torstensson@alfalaval.com
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