ALFA-LAVAL AB - ALFVF STOCK NEWS

Alfa Laval is expanding its heat recovery project at a sulphuric acid plant in Hamburg, Germany to supply district heating for 23,000 households and businesses. The project, initially launched in 2018, will enable annual savings of 100,000 tonnes of CO2 emissions. The heat exchangers, designed to withstand high temperatures and pressures, highlight Alfa Laval's commitment to energy efficiency, with their technology being 20-50% more efficient than conventional methods. The new installations are scheduled for delivery in 2023 and 2024, further supporting the German government's green initiatives.

Alfa Laval has inaugurated a new greenfield manufacturing site in San Bonifacio, Italy, focusing on producing brazed heat exchangers. This state-of-the-art facility, featuring advanced automation and sustainable energy solutions like rooftop solar panels, enhances Alfa Laval's capacity to meet European market demands. The site spans a total area of 31,000 m², with 13,400 m² dedicated to production. This initiative aligns with the company's Industry 4.0 strategy, aiming for smarter and more efficient manufacturing processes.

Alfa Laval AB announced the repurchase of 84,000 shares between June 21 and June 24, 2021, as part of a SEK 2 billion buyback program initiated to optimize capital structure. Following these transactions, the company now holds 1,071,500 shares. The buyback program, running from April 28, 2021, to April 25, 2022, adheres to EU regulations. The total number of outstanding shares is 418,384,815, indicating a strategic move to enhance shareholder value amidst market dynamics.

Alfa Laval Group will host a Capital Markets Day on November 30, 2021, detailing its strategic direction and operational performance. The event aims to provide insights into specific business areas and future opportunities, potentially held at Alfa Laval's site in Kolding, Denmark, subject to travel restrictions. Additional details about the agenda and registration will be available on the company's website. Alfa Laval, with annual sales of SEK 41.5 billion in 2020, operates in energy, marine, and food & water sectors.

Alfa Laval is set to release its second-quarter earnings on July 20 at 07:30 am CET. Following the earnings announcement, a conference call will be held at 10:00 am CET, hosted by President and CEO Tom Erixon and CFO Jan Allde. Interested participants should register in advance to obtain the necessary dial-in details. The call can also be followed via a live webcast, with links available on the company's investor relations page.

Alfa Laval AB has repurchased 139,500 shares from June 14 to June 18, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize the capital structure and will run until April 25, 2022. The repurchased shares were obtained through Nasdaq Stockholm, with a total holding of 987,500 shares as of June 18, 2021. The company's total shares stand at 419,456,315, with 418,468,815 outstanding shares post-buyback.

Alfa Laval has finalized the acquisition of StormGeo for MNOK 3,630, enhancing its capabilities in weather intelligence and digital services for the marine industry. This cash-financed purchase, neutral to Alfa Laval's EBITA margin and earnings per share, positions the company to improve operational efficiency and safety for its customers. Founded in 1997, StormGeo generated MNOK 714 in sales in 2020 and operates globally, focusing on sustainable business decisions. The acquisition aligns with Alfa Laval's commitment to responsible growth and environmental stewardship.

Alfa Laval AB has repurchased 82,500 shares between April 28 and April 30, 2021, as part of its SEK 2 billion share buyback program initiated on April 27. The program, aimed at optimizing the capital structure, is set to continue until April 25, 2022, under EU regulations. The share repurchases were conducted on Nasdaq Stockholm, totaling approximately SEK 23.06 million across the transaction period. Following these buybacks, Alfa Laval holds 82,500 own shares from a total of 419,456,315 shares, indicating a solid commitment to enhancing shareholder value.

Alfa Laval has secured a SEK 155 million order to supply a processing line for renewable diesel and jet fuel production to a petroleum refiner in Europe. This order, booked in the Food Systems unit of the Food & Water Division, marks a significant step towards achieving the European Renewable Energy Directive (RED II) targets, necessitating 32% of total energy needs to be met with renewable sources by 2030. The order includes high-speed separators and heat exchangers, with delivery slated for 2022.