Q3 results: the order intake was slightly below consensus (by 3%), at SEK87bn (-15% yoy, ex. currency effects). Net sales were flat yoy (at constant currencies), at SEK9.7bn, largely in line with consensus estimates. Adjusted EBITA came in at SEK1.7bn (+9% yoy), 2% lower than consensus. However, it was a record level for a Q3. The operating income came in at SEK1.4bn (+40% yoy). Net income was SEK988m (+42% yoy). Cash flow from operations was SEK1.4bn (+18% yoy). Outlook Q4 15: demand in line

27 Oct 2015
Q3 marginal miss; stable or somewhat higher demand expected in Q4

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Q3 marginal miss; stable or somewhat higher demand expected in Q4
Alfa Laval AB (AA9:FRA) | 0 0 0.4% | Mkt Cap: 83,157m
- Published:
27 Oct 2015 -
Author:
Marzio Foa -
Pages:
2 -
Q3 results: the order intake was slightly below consensus (by 3%), at SEK87bn (-15% yoy, ex. currency effects). Net sales were flat yoy (at constant currencies), at SEK9.7bn, largely in line with consensus estimates. Adjusted EBITA came in at SEK1.7bn (+9% yoy), 2% lower than consensus. However, it was a record level for a Q3. The operating income came in at SEK1.4bn (+40% yoy). Net income was SEK988m (+42% yoy). Cash flow from operations was SEK1.4bn (+18% yoy). Outlook Q4 15: demand in line