Record high order intake
- The global demand remained strong in most end markets and geographies.
- Net sales grew despite impact from supply chain disruptions.
- Stable profitability, volume increase compensated for cost inflation.
- Order backlog of
SEK 602 million relating to the sanctions againstRussia cancelled during the quarter. - Agreement signed to acquire Desmet, a world leader in vegetable oil and biofuels.
Summary
First quarter
Order intake increased by 22 percent* to SEK 13,255 (10,204) million.
Net sales increased by 12 percent* to SEK 10,615 (8,969) million.
Adjusted EBITA**: SEK 1,816 (1,530) million.
Adjusted EBITA margin**: 17.1 (17.1) percent.
Result after financial items: SEK 1,260 (1,483) million.
Net income: SEK 932 (1,112) million.
Earnings per share: SEK 2.22 (2.64).
Cash flow from operating activities: SEK 767 (963) million.
Impact on adjusted EBITA of foreign exchange effects: SEK 80 (-70) million.
Impact on result after financial items of comparison distortion items: SEK -327 (12) million.
Return on capital employed (%) **: 18.8 (18.8).
Net debt to EBITDA, times **: 0.79 (0.43).
* Excluding currency effects.
** Alternative performance measures.
Outlook for the second quarter
"We expect demand in the second quarter to be somewhat lower than in the first quarter."
Earlier published outlook (
Dividend
The Board of Directors will propose a dividend of
The Q1 2022 report has not been subject to review by the company's auditors.
This information is information that
For more information, please contact:
Johan Lundin, Head of Investor Relations
Phone: +46 46 36 65 10,
Mobile: +46 730 46 30 90,
E-mail: : johan.lundin@alfalaval.com
PO Box 73
SE-221 00 Lund
Sweden
Corporate registration number: 556587-8054
Visiting address:
Rudeboksvägen 1
Phone: + 46 46 36 65 00
Website: www.alfalaval.com
https://news.cision.com/alfa-laval/r/alfa-laval-ab--publ--interim-report-january-1---march-31--2022,c3553369
https://mb.cision.com/Main/905/3553369/1569149.pdf
(c) 2022 Cision. All rights reserved., source