Alfa Laval AB (publ) Interim report 1 January - 31 March 2025

Rhea-AI Summary

Alfa Laval has released its Q1 2025 interim report showing mixed financial results. The company experienced an organic decline of -3% in order intake to SEK 16.8 billion, impacted by a negative currency effect of SEK -0.9 billion. However, net sales increased by 10% to SEK 16.5 billion.

Key financial highlights:

• Adjusted EBITA grew 20% to SEK 2.9 billion with improved margin of 17.7%
• Earnings per share rose to SEK 4.82 from SEK 4.07
• Cash flow from operations decreased to SEK 1.4 billion
• Net debt to EBITDA ratio improved to 0.34 times

The Board plans to propose a dividend increase to SEK 8.50 per share, up from SEK 7.50. Looking ahead, the company expects Q2 2025 demand to remain at similar levels as Q1.

Positive

• Net sales increased 10% organically to SEK 16.5 billion
• Adjusted EBITA margin improved to 17.7% from 16.3%
• Adjusted EBITA increased 20% to SEK 2.9 billion
• Net income rose to SEK 2,003 million from SEK 1,693 million
• Earnings per share grew to SEK 4.82 from SEK 4.07
• Proposed dividend increase to SEK 8.50 from SEK 7.50 per share
• Strong balance sheet with reduced net debt to EBITDA ratio of 0.34x

Negative

• Order intake declined 3% organically to SEK 16.8 billion
• Negative currency effect of SEK -0.9 billion on order book
• Cash flow from operations decreased to SEK 1.4 billion from SEK 1.9 billion

LUND, Sweden, April 29, 2025 /PRNewswire/ -- 

Highlights

• Order intake was SEK 16.8 (18.3) billion, an organic decline of -3 percent.
• Order book revaluation had a substantial impact on the order intake with approximately SEK -0.9 billion in negative currency effect.
• Net sales was SEK 16.5 (14.9) billion, an organic increase of 10 percent.
• Adjusted EBITA increased by 20 percent to SEK 2.9 (2.4) billion, corresponding to a margin of 17.7 (16.3) percent.
• Cash flow from operating activities amounted to SEK 1.4 (1.9) billion.
• Earnings per share of SEK 4.82 (4.07).

Summary

First quarter

Order intake declined by -3 percent* to SEK 16,807 (18,272) million.
Net sales increased by 10 percent* to SEK 16,465 (14,906) million. 
Adjusted EBITA**: SEK 2,916 (2,436) million.
Adjusted EBITA margin**: 17.7 (16.3) percent.
Result after financial items: SEK 2,657 (2,250) million.
Net income: SEK 2,003 (1,693) million.      
Earnings per share: SEK 4.82 (4.07).
Cash flow from operating activities: SEK 1,405 (1,890) million.
Return on capital employed (%) **: 24.2 (21.0).
Net debt to EBITDA, times **: 0.34 (0.80).

* Organic change. ** Alternative performance measures.

Outlook for the second quarter
"We expect demand in the second quarter to be on about the same level as in the first quarter."

Earlier published outlook (February 5, 2025):
"We expect demand in the first quarter to be on about the same level as in the fourth quarter."

Dividend
The Board of Directors will propose a dividend of SEK 8.50 (7.50) per share to the Annual General Meeting.

The interim report has not been subject to review by the company's auditors.

This information is information that Alfa Laval AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at CEST 13.00 on April 29, 2025.

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

Alfa Laval AB (publ)
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 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/alfa-laval/r/alfa-laval-ab--publ--interim-report-1-january---31-march-2025,c4142632

The following files are available for download:

https://mb.cision.com/Main/905/4142632/3418532.pdf

2025 Q1 Quarterly Report

 

View original content:https://www.prnewswire.com/news-releases/alfa-laval-ab-publ-interim-report-1-january---31-march-2025-302441156.html

SOURCE Alfa Laval

FAQ

What is ALFVY's Q1 2025 earnings per share and how did it change?

Alfa Laval (ALFVY) reported earnings per share of SEK 4.82 in Q1 2025, up from SEK 4.07 in the same period last year, showing an increase of approximately 18.4%.

How much dividend will ALFVY pay shareholders in 2025?

The Board of Directors will propose a dividend of SEK 8.50 per share, an increase from the previous SEK 7.50 per share.

What is Alfa Laval's (ALFVY) order intake for Q1 2025?

ALFVY's order intake was SEK 16.8 billion in Q1 2025, showing an organic decline of 3% compared to SEK 18.3 billion in Q1 2024, with a negative currency effect of approximately SEK -0.9 billion.

What is ALFVY's Q1 2025 profit margin?

Alfa Laval achieved an adjusted EBITA margin of 17.7% in Q1 2025, improving from 16.3% in the same quarter last year.

What is Alfa Laval's outlook for Q2 2025?

Alfa Laval expects demand in Q2 2025 to remain at about the same level as in Q1 2025.

How strong is ALFVY's financial position in Q1 2025?

ALFVY shows strong financial health with a net debt to EBITDA ratio of 0.34 times, improved from 0.80 times, and a return on capital employed of 24.2%, up from 21.0%.