Alfa Laval AB
OTC:ALFVY
Alfa Laval AB
Alfa Laval AB, rooted deeply in the rich industrial fabric of Sweden, has been a pivotal figure in heat transfer, separation, and fluid handling technologies. Its journey began in 1883 when Gustav de Laval pioneered centrifugal separator innovation, a leap that laid the foundation for a thriving business. Over the decades, Alfa Laval has evolved, expanding its portfolio to encompass heat exchangers, separators, pumps, and valves. The company thrives on its expertise in engineering solutions critical to industries like maritime, food and beverage, energy, and environmental protection. Spanning over 100 countries, its global reach ensures that Alfa Laval is more than equipped to offer tailored solutions that boost performance and sustainability for its clients.
At the core of Alfa Laval's business model lies its ability to solve complex industrial challenges through innovative technology that enhances processes and reduces environmental impact. The company's revenue streams are diversified; they predominantly come from sales of equipment paired with a significant portion from after-sales services, including maintenance and spare parts, ensuring steady income well beyond the initial sale. This approach not only fosters lasting client relationships but also underscores Alfa Laval's standing as a leader in sustainable industrial practices. Through continual investment in research and development, it not only secures its competitive edge but also positions itself adeptly to tackle the evolving demands of the industries it serves.
Alfa Laval AB, rooted deeply in the rich industrial fabric of Sweden, has been a pivotal figure in heat transfer, separation, and fluid handling technologies. Its journey began in 1883 when Gustav de Laval pioneered centrifugal separator innovation, a leap that laid the foundation for a thriving business. Over the decades, Alfa Laval has evolved, expanding its portfolio to encompass heat exchangers, separators, pumps, and valves. The company thrives on its expertise in engineering solutions critical to industries like maritime, food and beverage, energy, and environmental protection. Spanning over 100 countries, its global reach ensures that Alfa Laval is more than equipped to offer tailored solutions that boost performance and sustainability for its clients.
At the core of Alfa Laval's business model lies its ability to solve complex industrial challenges through innovative technology that enhances processes and reduces environmental impact. The company's revenue streams are diversified; they predominantly come from sales of equipment paired with a significant portion from after-sales services, including maintenance and spare parts, ensuring steady income well beyond the initial sale. This approach not only fosters lasting client relationships but also underscores Alfa Laval's standing as a leader in sustainable industrial practices. Through continual investment in research and development, it not only secures its competitive edge but also positions itself adeptly to tackle the evolving demands of the industries it serves.
Record Results: Alfa Laval reported record full-year invoicing and earnings, with EPS surpassing SEK 20 for the first time.
Strong Q4 Revenue: Q4 revenues reached an all-time high of SEK 19.1 billion, up 4.6% versus last year, driven by strong project execution and transactional sales.
Data Center Focus: The board approved a SEK 1 billion CapEx program to expand capacity for data center heat transfer applications across the US, China, and Europe.
Order Intake: Q4 order intake was SEK 17.1 billion, down 2.2% organically, with strength in the US and Asia but continued slow conversion of large projects.
Margins: Adjusted EBITA margin for Q4 rose to 16.9%, up 1% from last year, despite SEK 150 million in one-off costs related to reorganization and project issues.
Divisional Trends: Energy orders hit a record, Food & Water was flat, and Marine was stable with a positive market outlook for ship contracting.
2026 Outlook: Sequential demand in Q1 2026 is expected to be similar to Q4, with stable market conditions and some division-level variations.
CapEx & Guidance: 2026 CapEx is guided at SEK 2.5–3 billion. Tax rate expected in the 24–26% range.
