STOCKHOLM, Sweden, Nov. 24, 2005 (PRIMEZONE) -- During Alfa Laval's Capital Markets Day in Copenhagen, Denmark, the Company made some business and financial updates.
Thomas Thuresson, CFO, made an update about the Company's foreign exchange effects. For the full year 2005 a negative effect of SEK 160 million is expected, which is slightly less than earlier estimates. During 2006 Alfa Laval expects a positive exchange effect of approximately SEK 60 million. For the full year 2007 an additional positive effect of approximately SEK 80 million is expected.
Alfa Laval's acquisition of the American company Tranter PHE is continuing according to plan. The purchase-price, approximately SEK 1.1 billion (USD 150 million), is expected to have a negative impact on the interest net of approximately SEK 60 million.
Thomas Thuresson also stated that the Company sees the possibility to return to a free cash flow on a level of SEK 1 billion for 2006.
For further information: Peter Torstensson Vice President, Corporate Communications Alfa Laval AB Tel: +46 46 36 72 31 Mob: +46 709 33 72 31 Mikael Sjoblom Investor Relations Manager Alfa Laval AB Tel: + 46 46 36 74 82 Mob: +46 709 78 74 82
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