LUND, Sweden, February 2, 2023 /PRNewswire/ —
Strong points
- Order taking of 15.8 billion Swedish crowns, corresponding to organic growth of 16%. Demand remained positive in all three divisions.
- Net sales of 16.5 billion, corresponding to organic growth of 14%. Record sales were supported by improved supply chains.
- EBITA adjusted by 2,520 million Swedish crownscorresponding to a growth of 27% and a margin of 15.3%.
- Increase in CAPEX investments to support future growth, estimated at SEK2.5-3.0 billion per year.
Summary
Fourth trimester
Order taking increased by 23%* to SEK 15,767 (11,651) million.
Net sales increased by 30%* for SEK16,484 (11,692) million.
Adjusted EBITA**: SEK2,520 (1,992) million.
Adjusted EBITA margin**: 15.3 (17.0)%.
Result after financial items: SEK1,762 (1,861) million.
Net revenue: SEK1,260 (1,478) million.
Earnings per share: SEK3.00 (3.51).
Cash flow from operating activities: SEK1,662 (1,411) million.
Impact on EBITA adjusted for currency effects: 150SEK (50 millions.
Impact on earnings after financial items of comparison distortion items: -SEK440 (-) million.
Full year
Order taking increased by 18%* for SEK 58,645 (45,718) million.
Net sales increased by 18%* for SEK 52,135 (40,911) million.
Adjusted EBITA**: SEK 8,229 (7,114) million.
Adjusted EBITA margin**: 15.8 (17.4)%.
Result after financial items: SEK 6,179 (6,142) million.
Net revenue: SEK4,569 (4,801) million.
Earnings per share: SEK10.89 (11:38 a.m.).
Cash flow from operating activities: SEK3,291 (5,264) million.
Impact on EBITA adjusted for currency effects: 400 SEK (-50 millions.
Impact on earnings after financial items of comparison distortion items: SEK-767 (-192) million.
Return on capital employed (%)**: 17.3 (20.0).
Net debt to EBITDA, times**: 1.47 (0.87).
* Excluding currency effects. ** Alternative performance indicators.
Outlook for the first quarter
“We expect demand in the first quarter to be about the same as in the fourth quarter.”
Previously published outlook (October 25, 2022): “We expect demand in the fourth quarter to be about the same as in the third quarter.”
The Board of Directors will propose a dividend of SEK6.00 (6.00) per share at the Annual General Meeting.
The fourth quarter 2022 report has been reviewed by the company’s auditors, see page 27 for the review report.
This information is information that Alfa Laval AB (publ) is required to make public in accordance with securities market law. The information was submitted for publication, through the contact person listed below, at 7:30 a.m. CET on February 2, 2023.
For more information please contact:
Johan LundinHead of Investor Relations
Telephone: +46 46 36 65 10,
Mobile: +46 730 46 30 90,
E-mail: [email protected]
Alfa Laval AB (publisher)
Box 73
SE-221 00 Lund
Sweden
Company registration number: 556587-8054
Visiting address:
Rüdeboksvägen 1
Telephone: + 46 46 36 65 00
Website: www.alfalaval.com
The following files are available for download:
SOURCEAlfa Laval
