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.
© 2019 Gale Media, Inc.
Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.
The 2018 Top Distributors List
This free PDF includes lists of top distribution companies across 14 sectors.
You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.
Download the Free PDF now >>
MDM Update: Daily Newsletter
Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox.
Sign-up for MDM Update >>