Alfa Laval Company profile
About Alfa Laval AB
Alfa Laval AB is a Sweden-based company engaged in the development, manufacture and marketing of products and solutions for heat transfer, separation and fluid handling. The Company’s products are used in various industries, including production of chemicals, starch, paper, metals, sugar and ethanol. Its solutions are also used onboard vessels and in the engineering sector, mining industry and refinery sector, as well as for treating wastewater and creating a comfortable indoor climate. The Company's operations are divided into four business divisions that serve external customers: Energy, Food and Water, Marine, and Greenhouse. Additionally, it operates one shared division for procurement, production and distribution.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Alfa Laval AB revenues decreased 1% to SEK40.91B. Net income increased 34% to SEK4.76B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Write down of goodwill decrease from SEK360M (expense) to SEK0K, Restructuring costs decrease of 46% to SEK204M (expense).
Equity composition
Alfa Laval AB was created through a demerger of Alfa Laval Group from Tetra Laval Group and the formation of the parent Alfa Laval International AB on 24 August 2000. The company was listed on the Stockholm Stock Exchange on 17 May 2002 in connection with an IPO, the issue of 33M new shares and the sale of 23.5M shares by owners. 2008 - Notes!