Alfa Laval AB (ALFVF), a specialty industrial machinery company, Tuesday said its net income for the second quarter increased to SEK 1.696 billion or SEK 4.08 per share from SEK1.515 billion or SEK 3.63 per share in the same quarter a year ago, primarily helped by growth in sales.
Excluding special items, adjusted earnings before interest, taxes, and amortization or adjusted EBITA increased 23 percent to SEK 2.932 billion form SEK 2.378 billion last year.
Sales for the quarter grew 11 percent to SEK 17.530 billion from SEK 15.880 billion in the previous year.
Order intake rose 4 percent year-on-year to SEK 18.916 billion.
Looking ahead, Alfa Laval sees demand in the third quarter to be lower than the second quarter.
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