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Alfa Laval Sales Grow 4% in 3Q

Sweden-based Alfa Laval AB, a manufacturer in heat transfer, centrifugal separation and fluid handling, reported sales of SEK 6.6 billion (US$843 million) for the third quarter ended Sept. 30, 2008, an increase of 4% over the same period 2007, excluding the impact of exchange rate variation. Profit increased 9% to SEK 1 billion (US$128 million).

For the nine months ended Sept. 30, 2008, Alfa Laval reported sales increased 14.5% to SEK 19.8 billion (US$2.5 billion) in a year-over-year comparison. Profit was SEK 2.9 billion (US$370.6 million), up 38% over the prior year.

Asia, Eastern Europe and Latin America accounted for 48% of the group's order intake. North America had the strongest development, partly supported by acquisitions. ...

Sweden-based Alfa Laval AB, a manufacturer in heat transfer, centrifugal separation and fluid handling, reported sales of SEK 6.6 billion (US$843 million) for the third quarter ended Sept. 30, 2008, an increase of 4% over the same period 2007, excluding the impact of exchange rate variation. Profit increased 9% to SEK 1 billion (US$128 million).

For the nine months ended Sept. 30, 2008, Alfa Laval reported sales increased 14.5% to SEK 19.8 billion (US$2.5 billion) in a year-over-year comparison. Profit was SEK 2.9 billion (US$370.6 million), up 38% over the prior year.

Asia, Eastern Europe and Latin America accounted for 48% of the group’s order intake. North America had the strongest development, partly supported by acquisitions.