Alfa Laval AB (publ) Interim report July 1 - September 30, 2009

Alfa Laval AB (publ) Interim report July 1 - September 30, 2009

“Order intake was SEK 5.1 billion, a volume increase by 3 percent compared to
the second quarter 2009. The Process Industry and Marine & Diesel segments
improved the order intake compared to the second quarter. The demand from the
refinery industry was strong.
Sales amounted to SEK 5.8 billion, which resulted in a continued strong EBITA of
SEK 1.0 billion and an operating margin of 17.2 percent. The savings initiatives
are realized according to plan. Alfa Laval generated a strong cash flow in the
quarter.”
Lars Renström, President and CEO

Summary	 	 	 	 	 	 	 	 
	Third quarter: 			First nine months: 	
SEK millions	2009	2008	%	% *	2009	2008	%	% *
Order intake	5,071	6,784	-25	-30	16,112	21,283	-24	-33
Net sales	5,814	6,632	-12	-18	19,483	19,754	-1	-13
Adjusted EBITA	1,002	1,444	-31		3,432	4,439	-23	
- adjusted EBITA margin (%)	17.2	21.8			17.6	22.5		
Result after financial items	901	1,418	-36		2,861	4,130	-31	
Net income for the period	704	1,001	-30		2,105	2,937	-28	
Earnings per share (SEK)	1.65	2.32	-29		4.94	6.79	-27	
Cash flow **	1,428	1,256	14	 	3,781	3,185	19	 
Effect on EBITA of:	 				 			
- foreign exchange effects	108	-94	 	 	306	-226	 	 
* excluding exchange rate variations	** from operating activities			


		
Outlook for the fourth quarter 
“We expect demand during the fourth quarter to be on about the same level as
during the third quarter 2009.”

Earlier published outlook (July 16, 2009): “We expect demand during the third
quarter to be on about the same level as during the second quarter 2009.”



The interim report has not been subject to review by the company's auditors.