The 2020 Mid-Year Economic Update_long

Alfa Laval Sales Up 9% in 4Q

Profit climbed 43 percent during the quarter.

Swedish manufacturer Alfa Laval reported fourth-quarter sales of SEK 7.2 billion (US$1.1 billion), up 9 percent over the same period a year ago. Excluding the impact of currency exchange, sales were up 14 percent. Profit climbed 43 percent to SEK 905 million (US$141.1 million).

We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.

\"\"

For the full year, sales were SEK 24.7 billion (US$3.9 billion), down 5 percent from sales in 2009. Excluding currency impact, sales declined 1 percent. Profit increased 14 percent to SEK 3.1 billion (US$483.5 million).

Geographically, Central and Eastern Europe and North America posted the strongest growth, followed by strong results in India.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.