Alfa Laval AB (publ) Interim report January 1 - March 31, 2009


Alfa Laval AB (publ) Interim report January 1 - March 31, 2009

“Alfa Laval's sales increased by 10 percent to SEK 6.9 billion during the first
quarter compared to the corresponding quarter 2008. This gave an EBITA of SEK
1.3 billion and an operating margin of 18.1 percent. During the quarter
acquisitions were made that will add almost SEK 600 million to the annual sales.

Order intake was SEK 5.9 billion in the first quarter, a decline by 5 percent
compared to the fourth quarter 2008. Excluding positive foreign exchange effects
the order intake decreased by 9 percent. Alfa Laval continues to adjust capacity
and costs to current market conditions.”

Lars Renström, President and CEO

First quarter:
- Order intake decreased by 31.6 percent * to SEK 5,853 (7,433) million.
- Net sales decreased by 4.8 percent * to SEK 6,923 (6,267) million.
- Adjusted EBITA was SEK 1.255 (1,410) million, including positive foreign
exchange effects of SEK 124 million.
- Adjusted EBITA-margin was 18.1 (22.5) percent.
- Result after financial items was SEK 1,114 (1,256) million.
- Result after tax amounted to SEK 764 (898) million.
- Earnings per share amounted to SEK 1.80 (2.06).
- Cash flow from operating activities was SEK 1,058 (729) million.

* excluding exchange rate variations

Outlook for the second quarter
“We expect demand during the second quarter to be in line with or somewhat lower
than the first quarter 2009.”

Earlier published outlook (February 4, 2009): “We expect demand during the first
quarter to be somewhat lower than the
fourth quarter 2008.”

The interim report has been issued on April 20, 2009 by the President and ChiefExecutive Officer Lars Renström by proxy from the Board of Directors.

Lund, April 20, 2009,

Lars Renström
President and Chief Executive Officer
Alfa Laval AB (publ)

The interim report has not been subject to review by the company's auditors.



For more information, please contact: 

Peter Torstensson, Senior Vice President, Communications 
Phone: +46 46 36 72 31 
Mobile: +46 709 33 72 31 
peter.torstensson@alfalaval.com 

Gabriella Grotte, Investor Relations Manager 
Phone: +46 46 36 74 82 
Mobile: +46 709 78 74 82 
gabriella.grotte@alfalaval.com 

Alfa Laval AB (publ) 
PO Box 73 
SE-221 00 Lund 
Sweden 
Corporate registration number: 556587-8054 

Alfa Laval AB (publ) discloses the information provided herin pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 1.45 p.m. on April 20, 2009. 

Attachments

04202337.pdf