Alfa Laval reported a good set of results, once again driven by the Marine division which continues to benefit from strong orders for scrubbers PureSOx and, as expected, demand for PureBallast (ramp-up). The only dampener from this release is the cautious Q2 outlook given by management, expecting to be “somewhat lower” than the first quarter.

25 Apr 2019
Robust Q1, weaker Q2 outlook

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Robust Q1, weaker Q2 outlook
Alfa Laval AB (AA9:FRA) | 0 0 0.4% | Mkt Cap: 83,157m
- Published:
25 Apr 2019 -
Author:
Luis Pereira -
Pages:
2 -
Alfa Laval reported a good set of results, once again driven by the Marine division which continues to benefit from strong orders for scrubbers PureSOx and, as expected, demand for PureBallast (ramp-up). The only dampener from this release is the cautious Q2 outlook given by management, expecting to be “somewhat lower” than the first quarter.