Alfa Laval makes a profit of USD 497 million in 2014

Alfa Laval received orders worth USD 4.4 billion in 2014, although lower newbuilding activity negatively affected orders in the marine division. The profit reached a total of about USD 497 million.

Photo: Maabjerg Bioenergy

Orders flowed in for the Swedish supplier Alfa Laval in 2014. The company’s order intake grew by 18 percent, reaching a total worth of USD 4.4 billion, as evident from the company's annual report, published today. Alfa Laval’s result came to USD 497 million after one-off items, which is basically on par with 2013, where results were also about USD 497 million.

The Marine & Diesel division did not experience the same development, as the amount of orders declined after deducting the order intake from company Frank Mohn, which Alfa Laval acquired last year. According to CEO Lars Renström, the intake dropped due to lower newbuilding activity earlier in the year at the global shipyards. In addition, the sale of scrubbers, sulfur cleaning systems, has continued to grow, he notes in a comment on the statement.

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