Alfa Laval reported rather solid results given the current situation, with both orders and revenues remaining resilient. Management decided to withdraw the dividend in order to protect cash and it expects demand in the second quarter to be lower than in the first quarter.
23 Apr 2020
Rather solid figures
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Rather solid figures
Alfa Laval AB (AA9:FRA) | 0 0 0.4% | Mkt Cap: 83,157m
- Published:
23 Apr 2020 -
Author:
Luis Pereira -
Pages:
2
Alfa Laval reported rather solid results given the current situation, with both orders and revenues remaining resilient. Management decided to withdraw the dividend in order to protect cash and it expects demand in the second quarter to be lower than in the first quarter.