Alfa Laval AB (publ) Fourth quarter and full year 2020
Stable demand and improved profitability Q4 2020 · Demand was stable during the fourth quarter, with 4% sequential order growth. · The adjusted EBITA margin improved to 18.4 (17.4) percent. · Launch of a global restructuring program. Full year 2020 · Order intake declined with 6 percent, excluding currency effects. · The adjusted EBITA margin improved to 17.4 (17.2) percent, mainly driven by the cost reduction program. · The cash flow from operating activities improved by close to 50 percent to SEK 7.7 billion and resulted in a further strengthening of the balance