Record high order intake
- Record high order intake of
SEK 14.4 billion with continued strong demand in most end-markets. - Organic sales growth of 9 percent despite supply chain challenges.
- Stable adjusted EBITA margin of 16.5 percent.
- Cash flow negatively impacted by volume growth and inventory build-up.
Summary
Second quarter
Order intake increased by 10 percent* to SEK 14,421 (12,183) million.
Net sales increased by 10 percent* to SEK 11,852 (9,975) million.
Adjusted EBITA**: SEK 1,959 (1,738) million.
Adjusted EBITA margin**: 16.5 (17.4) percent.
Result after financial items: SEK 1,576 (1,231) million.
Net income: SEK 1,152 (985) million.
Earnings per share: SEK 2.75 (2.32).
Cash flow from operating activities: SEK 192 (1,421) million.
Impact on adjusted EBITA of foreign exchange effects: SEK 90 (-30) million.
Impact on result after financial items of comparison distortion items: SEK - (-204) million.
First six months
Order intake increased by 16 percent* to SEK 27,676 (22,387) million.
Net sales increased by 11 percent* to SEK 22,467 (18,944) million.
Adjusted EBITA**: SEK 3,775 (3,268) million.
Adjusted EBITA margin**: 16.8 (17.3) percent.
Result after financial items: SEK 2,836 (2,714) million.
Net income: SEK 2,084 (2,097) million.
Earnings per share: SEK 4.97 (4.96).
Cash flow from operating activities: SEK 959 (2,384) million.
Impact on adjusted EBITA of foreign exchange effects: SEK 130 (-100) million.
Impact on result after financial items of comparison distortion items: SEK -327 (-192) million.
Return on capital employed (%) **: 19.1 (18.0).
Net debt to EBITDA, times **: 1.09 (1.14).
* Excluding currency effects. ** Alternative performance measures.
Outlook for the third quarter
"We expect demand in the third quarter to be somewhat lower than in the second quarter."
Earlier published outlook (
The Q2 2022 report has not been subject to review by the company's auditors.
This information is information that
For more information, please contact:
Johan Lundin, Head of Investor Relations
Phone: +46 46 36 65 10,
Mobile: +46 730 46 30 90,
E-mail: johan.lundin@alfalaval.com
PO Box 73
SE-221 00 Lund
Sweden
Corporate registration number: 556587-8054
Visiting address:
Rudeboksvägen 1
Phone: + 46 46 36 65 00
Website: www.alfalaval.com
https://news.cision.com/alfa-laval/r/alfa-laval-ab--publ--interim-report-april-1---june-30--2022,c3603347
https://mb.cision.com/Main/905/3603347/1605966.pdf
(c) 2022 Cision. All rights reserved., source