Alfa Laval reported a mixed set of results, with declining orders due to both pumping systems and scrubbers, a better than expected development in Energy and Marine, while Food and Water underperformed and affected the whole group’s performance. The Marine division continues to drive growth thanks to good deliveries and execution. Management remains confident and expects demand to be “somewhat higher” in Q3 compared to Q2.
17 Jul 2019
Weaker orders on lower scrubbers
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Weaker orders on lower scrubbers
Alfa Laval AB (AA9:FRA) | 0 0 0.4% | Mkt Cap: 83,157m
- Published:
17 Jul 2019 -
Author:
Luis Pereira -
Pages:
3
Alfa Laval reported a mixed set of results, with declining orders due to both pumping systems and scrubbers, a better than expected development in Energy and Marine, while Food and Water underperformed and affected the whole group’s performance. The Marine division continues to drive growth thanks to good deliveries and execution. Management remains confident and expects demand to be “somewhat higher” in Q3 compared to Q2.