Alfa Laval AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 20, 2022 at 01:30 am EDT
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Alfa Laval AB (publ) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SEK 11,852 million compared to SEK 9,975 million a year ago. Net income was SEK 1,137 million compared to SEK 973 million a year ago. Basic earnings per share from continuing operations was SEK 2.75 compared to SEK 2.32 a year ago.
For the six months, sales was SEK 22,467 million compared to SEK 18,944 million a year ago. Net income was SEK 2,057 million compared to SEK 2,080 million a year ago. Basic earnings per share from continuing operations was SEK 4.97 compared to SEK 4.96 a year ago.
Alfa Laval AB specializes in the design, manufacturing and marketing of equipment and industrial systems for heating, cooling, separating and transporting of substances (oil, water, chemical and food substances, drinks, drugs, etc.). The activity is organized mainly arounf two families of products:
- solid and liquid treatment systems: systems for cooling, evaporation, extraction, drying, etc. intended primarily for the food processing, pharmaceutical, petrochemical, and energy sectors;
- production process equipment: decanters, heat exchangers, pumps, valves, air and liquid filtration systems, etc.
Net sales are distributed geographically as follows: Sweden (2.2%), Europe (32.5%), China (14.1%), South Korea (5.5%), Asia (18.2%), United States (16.7% ), North America (2.1%), Latin America (5.6%), Africa (1.9%) and Oceania (1.2%).
ALFA LAVAL AB 
