Sweden-based Alfa Laval reported sales increased 10% to SEK 6.9 billion (US$809 million) in the first quarter 2009. In constant dollars, sales decline 4.8%. After taxes, profit was SEK 764 million (US$89.7 million).
Acquisitions completed during the first quarter are expected to contribute SEK 600 million to annual sales.
Second quarter demand is anticipated to be in line with or somewhat lower than the first quarter 2009.