Alfa Laval AB (publ) Interim report July 1 - September 30, 2020
Stable demand and unchanged profitability · Demand remained on a stable but low level in the third quarter. · The operating margin was 17.6 percent despite lower volumes. Tangible effects from short term cost savings program. · Continued good cash flow resulted in a low net debt. · A public tender offer for all shares in Neles published on July 13. The acceptance level condition revised from 2/3 to >50 percent on October 15.Summary Third quarter Order intake decreased by 9 percent* at SEK 8,935 (10,728) million.Net sales decreased by 14 percent* to SEK 9,728 (12,056)