Alfa Laval Corporate AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 25, 2023 at 01:30 am EDT
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Alfa Laval Corporate AB reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 15,768 million compared to SEK 13,184 million a year ago. Net income was SEK 1,770 million compared to SEK 1,207 million a year ago. Basic earnings per share from continuing operations was SEK 4.29 compared to SEK 2.92 a year ago.
For the nine months, sales was SEK 45,759 million compared to SEK 35,651 million a year ago. Net income was SEK 4,776 million compared to SEK 3,264 million a year ago. Basic earnings per share from continuing operations was SEK 11.56 compared to SEK 7.89 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 
