Swedish manufacturer Alfa Laval (STO: ALFA) reported sales for the third quarter of SEK 8.6 billion (US$1 billion), an 11 percent decrease over the same period a year ago. The company reported a loss for the quarter of SEK 106 million (US$11.9 million), compared to a profit the prior year of SEK 988 million (US$110.7 million).
For the first nine months, sales for the manufacturer were SEK 25.7 billion (US$2.9 billion), a decrease of 11 percent year-over-year. Profit decreased 42 percent to SEK 1.7 billion (US$190.4 million).