Welcome to our dedicated page for Alfa Laval news (Ticker: ALFVY), a resource for investors and traders seeking the latest updates and insights on Alfa Laval stock.
ALFA-LAVAL AB UNSP/ADR (symbol: ALFVY), headquartered in Lund, Sweden, is a leading global developer and provider of specialized products and solutions for heat transfer, separation, and fluid handling. Serving a wide array of industries, Alfa Laval's technologies are instrumental in sectors such as energy, food and water, marine, and more.
Founded over 140 years ago, Alfa Laval has established a robust presence with customers in around 100 countries and employs over 21,300 people. The company demonstrated strong financial performance in 2023, reporting annual sales of SEK 63.6 billion (approximately 5.5 billion EUR).
In recent developments, Alfa Laval continues to emphasize sustainable innovation. Their latest introduction, the Hygienic WideGap heat exchanger, represents a significant advancement in the food processing industry, offering a 50% reduction in emissions while ensuring energy efficiency. This new product targets the sustainable production of liquid foods containing fibers and particles, aligning with global efforts to mitigate environmental impacts.
Alfa Laval's commitment to sustainability and strategic growth is evident in their continuous investment in research and development. This is aimed at fostering new competencies and increasing production capacity to meet the evolving needs of their clients and support the reduction of climate impacts across various industries.
Financially, Alfa Laval has maintained a solid performance. In the first quarter of 2024, the company reported an order intake of SEK 18.3 billion and net sales of SEK 14.9 billion. Their Adjusted EBITA stood at SEK 2.4 billion, with a margin of 16.3%. The company also demonstrated strong cash flow from operating activities, amounting to SEK 1.8 billion.
Alfa Laval's strategic direction was further outlined during the Annual General Meeting held on April 25, 2024, where the company reaffirmed its commitment to sustainability, innovation, and shareholder value. The Board of Directors proposed a dividend of SEK 7.50 per share, reflecting their confidence in the company's growth trajectory.
Looking forward, Alfa Laval is optimistic about the demand in the upcoming quarters, driven by the increasing need for sustainable solutions across their core business areas.
For more information, you can reach out to Johan Lundin, Head of Investor Relations, or visit their official website at www.alfalaval.com.
Alfa Laval (ALFVY) has announced an agreement to acquire NRG Marine, a UK-based provider of ultrasonic anti-fouling solutions. The acquisition, expected to close in Q2 2025, aims to expand Alfa Laval's portfolio with innovative technology that addresses biofouling issues in marine, oil and gas, and industrial applications.
NRG Marine's technology utilizes ultrasonic microscopic bubbles to reduce fouling and prevent new deposits, offering both operational and environmental benefits. This acquisition aligns with Alfa Laval's decarbonization strategy and responds to growing demand for sustainable solutions across key industries.
The technology is positioned as a more sustainable alternative to existing solutions and is expected to comply with future environmental legislation. This strategic move enhances Alfa Laval's ability to help customers meet both business and environmental objectives in their pursuit of net-zero goals.
Alfa Laval reported strong financial results for Q4 and full year 2024. In Q4, order intake grew 8% organically to SEK 18.5 billion, while net sales increased 2% organically to SEK 18.3 billion. The company achieved an adjusted EBITA of SEK 2.9 billion with a margin of 16.0%.
For the full year 2024, order intake rose 7% organically to SEK 74.6 billion, and net sales grew 6% organically to SEK 67.0 billion. The adjusted EBITA margin improved to 16.6% from 16.1%. Earnings per share increased to SEK 17.88, up from SEK 15.31. The company demonstrated strong financial health with net debt to EBITDA ratio of 0.43.
The Board of Directors proposed a dividend increase to SEK 8.50 per share, up from SEK 7.50. Looking ahead, the company expects Q1 2025 demand to remain at similar levels as Q4 2024.
Alfa Laval has announced plans to establish a state-of-the-art Food Innovation Centre in Copenhagen, Denmark, marking a significant capex investment. The 1,200 m² facility, scheduled to open in 2027, will focus on developing innovative solutions for sustainable food production to address global challenges. The center will be located at Alfa Laval's Food and Water business headquarters, positioned within Denmark's bio-solutions hub.
The initiative aims to support food producers in meeting the UN's projection of 70% increased food demand by 2050 while achieving net-zero targets. The facility will serve as a research and development hub, fostering collaboration between startups, global food corporations, and academia. The center will leverage AI and digitalization to develop solutions for more efficient food production using less water and energy.
Alfa Laval has announced its fourth quarter earnings release scheduled for February 5, 2025, at 07:30 am CET, followed by a conference call at 09:00 am CET. The call will be hosted by CEO Tom Erixon and CFO Fredrik Ekström.
The company, a global leader in heat transfer, separation, and fluid handling, reported annual sales of SEK 63.6 billion (5.5 BEUR) in 2023. With a 140-year history, Alfa Laval operates in 100 countries, employs over 22,000 people, and is listed on Nasdaq Stockholm. The company focuses on providing solutions for energy, food, and clean water sectors while working on decarbonizing the marine fleet.
Participants can register for the conference call through a provided link, and a live webcast will be available on the Alfa Laval Investors page.
At its Capital Markets Day 2024 in San Bonifacio, Italy, Alfa Laval announced significant updates to its strategic objectives. The company revealed plans to achieve its scope 1 and 2 net zero targets by 2027, three years ahead of schedule. Additionally, Alfa Laval projected reaching 100 billion SEK in annual sales by 2030. The company, which recorded sales of SEK 63.6 billion in 2023, operates in heat transfer, separation, and fluid handling across 100 countries with over 22,000 employees.
Alfa Laval announced at its Capital Markets Day in Italy plans to accelerate its net zero targets for scope 1 and 2 emissions to 2027, three years ahead of schedule. The company projects reaching 100 BSEK in annual sales by 2030, driven by strong growth across its three divisions and increasing demand from global energy transition. The company has expanded production capacity in major geographies and is implementing plans to increase energy efficiency and replace fossil fuels with renewable energy across its operations. Alfa Laval's climate targets, validated by the Science Based Targets initiative, include a 50 percent reduction in scope 3 emissions.
Alfa Laval has secured two contracts worth 350 million SEK to supply HVO pre-treatment technology to Europe's largest biofuel facility. The facility, a joint venture between Cepsa Bioenergia San Roque and Bio-Oils Energy, will produce 500,000 tonnes of sustainable aviation fuel and renewable diesel annually. The plant, located in Huelva, Spain, represents a 1.2-billion-euro project and is designed to emit 75% less CO2 than traditional biofuel plants. Expected to be operational in 2026, this expansion will double CBSR's total renewable fuels production capacity to one million tonnes yearly.
Alfa Laval announces its participation and support for bold climate action at COP29 in Baku, Azerbaijan (November 11-22, 2024). The company emphasizes its commitment to addressing global decarbonization challenges through scalable solutions and partnerships. As a signatory to the World Economic Forum's Alliance of CEO Climate Leaders, Alfa Laval advocates for localized, actionable NDCs to accelerate implementation of existing solutions. The company will participate in the China International Import Expo and continues engagement with initiatives like First Movers Coalition and the Energy Efficiency Movement to advance emissions reduction goals.
Alfa Laval reported strong Q3 2024 financial results with order intake increasing 15% organically to SEK 18.9 billion and net sales rising 6% organically to SEK 16.2 billion. The company's adjusted EBITA grew 7% to SEK 2.8 billion, achieving a margin of 17.3%. Notable highlights include robust cash flow from operations at SEK 3.7 billion and improved earnings per share of SEK 4.77. For the first nine months, the company maintained positive momentum with order intake up 6% and net sales growing 8% organically. However, the company expects demand in Q4 2024 to be lower compared to Q3.
Alfa Laval announces its readiness to supply the first fuel systems for ammonia-fuelled vessels by the end of 2025, marking a significant step towards decarbonizing the marine industry. The company is partnering with WinGD to develop and validate the Alfa Laval FCM Ammonia fuel supply system by the end of 2024. Alfa Laval is also collaborating with WinGD, ABS, and K Shipbuilding on an ammonia-fuelled MR tanker design, including an ammonia dual-fuel boiler system.
As a zero-carbon fuel, ammonia is expected to play a important role in reducing the marine industry's carbon emissions, which currently account for nearly 3% of global carbon emissions. Alfa Laval's President of Marine Division, Sameer Kalra, emphasizes the company's commitment to supporting the maritime industry's transition to sustainable energy sources and its readiness to be a key enabler in this transition.
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