Alfa Laval AB (publ) Interim report January 1 - March 31, 2007

Alfa Laval AB (publ) Interim report January 1 - March 31, 2007

January 1 - March 31 2007: 
- Order intake increased by 35.8 percent * to SEK 7,005 (5,481) million.
- Net sales increased by 33.7 percent * to SEK 5,150 (4,076) million.  
- Adjusted EBITA was SEK 835 (525) million, including adverse foreign exchange
effects of SEK 79 million. 
- Adjusted EBITA-margin was 16.2 (12.9) percent.
- Result after financial items was SEK 681 (426) million. 
- Result after tax increased to SEK 469 (333) million.
- Earnings per share increased to SEK 4.11 (2.90).
- Cash flow from operating activities was SEK 550 (392) million.
* excluding exchange rate variations

An excellent start to 2007!
“The first quarter 2007 was excellent in many respects.
Orders received increased organically with 30 percent and reached a record level
of SEK 7 billion.
The strongest customer segments were Marine & Diesel and Comfort &
Refrigeration.
The acquisition of the Dutch company Helpman with sales of SEK 200 million
complements our product offering for the strong European refrigeration market. 
Orders received grew with 51 percent in Asia and with 45 percent in Latin
America.
The operating margin in the quarter reached 16.2 percent. Our consistent focus
on profitability continues to pay off.”

Lars Renström, President and CEO, Alfa Laval

Outlook for the near future "In most of the markets, geographical as well as customer segments that Alfa
Laval serves, a continued very strong demand is expected."

(unchanged since the fourth quarter and full year 2005 report on February 9,
2006)