Alfa Laval presents a restructuring programme as a result of the strategic review
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – today announces a restructuring programme, as a result of the strategic review. The new organizational structure, in combination with prevailing market conditions, means Alfa Laval now introduces a program that will include three initiatives. These are expected to cause non-recurring costs of SEK 1.5 billion in total, of which SEK 1.1 billion was charged to the third quarter. Of the SEK 1.1 billion, some SEK 600 million are estimated to be non-cash items. Savings, excluding effects on COGS, are expected