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Alfa Laval Sales Up 9% in 4Q

Swedish manufacturer Alfa Laval reported fourth-quarter sales of SEK 7.2 billion (US$1.1 billion), up 9 percent over the same period a year ago. Excluding the impact of currency exchange, sales were up 14 percent. Profit climbed 43 percent to SEK 905 million (US$141.1 million).

For the full year, sales were SEK 24.7 billion (US$3.9 billion), down 5 percent from sales in 2009. Excluding currency impact, sales declined 1 percent. Profit increased 14 percent to SEK 3.1 billion (US$483.5 million).

Geographically, Central and Eastern Europe and North America posted the strongest growth, followed by strong results in India.

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