Alfa Laval Corporate AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 06, 2024 at 01:30 am EST
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Alfa Laval Corporate AB reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 17,839 million compared to SEK 16,484 million a year ago. Net income was SEK 1,554 million compared to SEK 1,239 million a year ago. Basic earnings per share from continuing operations was SEK 3.77 compared to SEK 3 a year ago.
For the full year, sales was SEK 63,598 million compared to SEK 52,135 million a year ago. Net income was SEK 6,330 million compared to SEK 4,503 million a year ago. Basic earnings per share from continuing operations was SEK 15.31 compared to SEK 10.89 a year ago.
Alfa Laval AB specializes in the design, manufacturing and marketing of equipment and industrial systems for heating, cooling, separating and transporting of substances (oil, water, chemical and food substances, drinks, drugs, etc.). The activity is organized mainly arounf two families of products:
- solid and liquid treatment systems: systems for cooling, evaporation, extraction, drying, etc. intended primarily for the food processing, pharmaceutical, petrochemical, and energy sectors;
- production process equipment: decanters, heat exchangers, pumps, valves, air and liquid filtration systems, etc.
Net sales are distributed geographically as follows: Sweden (2.2%), Europe (32.5%), China (14.1%), South Korea (5.5%), Asia (18.2%), United States (16.7% ), North America (2.1%), Latin America (5.6%), Africa (1.9%) and Oceania (1.2%).
ALFA LAVAL AB 
