trending Market Intelligence /marketintelligence/en/news-insights/trending/2seWcqAo88kst5OSdT2MkQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Alfa Laval Q1 profit climbs 47.6% YOY

Machine Learning and Credit Risk Modelling

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

COVID-19 reduces U.S. residential smart meter shipments over the short term but long term still looks positive


Alfa Laval Q1 profit climbs 47.6% YOY

Alfa Laval AB said its normalized net income for the first quarter amounted to 1.87 Swedish kronor per share, compared with the S&P Capital IQ consensus estimate of 1.91 kronor per share.

EPS increased 47.6% year over year from 1.27 kronor.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 785.0 million kronor, a gain of 47.6% from 531.8 million kronor in the prior-year period.

The normalized profit margin climbed to 8.6% from 8.1% in the year-earlier period.

Total revenue climbed 37.5% on an annual basis to 9.07 billion kronor from 6.60 billion kronor, and total operating expenses climbed 37.0% from the prior-year period to 7.79 billion kronor from 5.68 billion kronor.

Reported net income rose 52.7% year over year to 858.0 million kronor, or 2.05 kronor per share, from 562.0 million kronor, or 1.34 kronor per share.

As of April 23, US$1 was equivalent to 8.65 Swedish kronor.