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Article: Alfa Laval AB (publ) Interim Report April 1 - June 30, 2009.
- Article from:
- Business Wire
- Article date:
- July 16, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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STOCKHOLM, Sweden -- Regulatory News:
Alfa Laval AB (STO:ALFA):
"Sales amounted to SEK 6.7 billion, which resulted in a continued strong EBITA of SEK 1.2 billion and an operating margin of 17.4 percent. Alfa Laval generated a very strong cash flow in the quarter.
Order intake was SEK 5.2 billion, a volume decline by 9 percent compared to the first quarter 2009. The lower demand was due to a lower activity level in the economy, difficulties for our customers to get financing and postponed investment decisions.
The effects of the savings initiatives are substantial. As earlier communicated additional measures are continuously ...