Sweden Herald - Latest Sweden News | Alfa Laval hopes things will turn around in second quarter after Q1 profit and sales dip by Sweden Herald
AI generated summary, Read the full article for complete information.
Alfa Laval reported a first‑quarter profit before tax of SEK 2.55 billion, down from SEK 2.66 billion a year earlier, with net sales slipping to SEK 15.92 billion and order intake to SEK 17.61 billion, both slightly lower than the prior year. CEO Tom Erixon said he expects demand in the second quarter to be modestly higher than in Q1 and noted that the escalating energy crisis is driving cost inflation, with price adjustments likely by mid‑year. The company’s shares initially rose after the release but later fell about 2.3 %.
Read more: https://swedenherald.com/article/alfa-laval-hopes-things-will-turn-around-in-the-second-quarter
#AlfaLaval #TomErixon #businessnews
AI generated summary, Read the full article for complete information.

