Swedish manufacturer Alfa Laval (STO: ALFA) reported sales for the third quarter of SEK 7.1 billion (US$1.1 billion), 4 percent below the prior-year period excluding exchange rate variations. Profit was SEK 849 million (US$128 million).
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The North American and South American regions grew compared to 2011 and sequentially. China reported continued growth, partly driven by an increased local presence.
For the first nine months, sales were SEK 21.7 billion (US$3.3 billion), a 5 percent increase year-over-year excluding exchange rate variations. Profit was SEK 2.3 billion (US$347 million).
