Alfa Laval (publ) Fourth quarter and full year 2025
Highlights
- Order intake was SEK 17.1 (18.5) billion, a decline of -8 percent of which -2 percent was organic.
- Net sales increased by 5 percent to SEK 19.1 (18.3) billion, with an organic increase of 11 percent.
- Adjusted EBITA increased by 11 percent to SEK 3.2 (2.9) billion, corresponding to a margin of 16.9 (16.0) percent.
- Cash flow from operating activities amounted to SEK 3.4 (4.2) billion.
- Earnings per share of SEK 4.79 (4.96).
- The Board of directors will propose a dividend of SEK 9.00 (8.50) per share to the Annual General Meeting.
Summary
Fourth quarter
Order intake declined by -2 percent* to SEK 17,081 (18,476) million.
Net sales increased by 11 percent* to SEK 19,146 (18,311) million.
Adjusted EBITA**: SEK 3,237 (2,922) million.
Adjusted EBITA margin**: 16.9 (16.0) percent.
Result after financial items: SEK 2,865 (2,828) million.
Net income for the period: SEK 1,991 (2,061) million.
Earnings per share: SEK 4.79 (4.96).
Cash flow from operating activities: SEK 3,396 (4,211) million.
Full year
Order intake declined by -6 percent* to SEK 66,742 (74,592) million.
Net sales increased by 8 percent* to SEK 69,674 (66,954) million.
Adjusted EBITA**: SEK 12,334 (11,089) million.
Adjusted EBITA margin**: 17.7 (16.6) percent.
Result after financial items: SEK 11,198 (9,996) million.
Net income for the period: SEK 8,322 (7,432) million.
Earnings per share: SEK 20.01 (17.88).
Cash flow from operating activities: SEK 9,166 (12,778) million.
Return on capital employed (%) **: 23.9 (23.2).
Net debt to EBITDA, times **: 0.92 (0.43).
* Organic change. ** Alternative performance measures.
Outlook for the first quarter
"We expect demand in the first quarter to be on about the same level as in the fourth quarter."
Earlier published outlook (October 28, 2025):
"We expect demand in the fourth quarter to be on about the same level as the third quarter."
The interim report has not been subject to review by the company's auditors.
This information is information that Alfa Laval AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at CET 07.30 on February 3, 2026.
For more information, please contact:
Johan Lundin, Head of Investor Relations
Phone: +46 46 36 65 10,
Mobile: +46 730 46 30 90,
E-mail: johan.lundin@alfalaval.com
Alfa Laval AB (publ)
PO Box 73
SE-221 00 Lund
Sweden
Corporate registration number: 556587-8054
Visiting address:
Rudeboksvägen 1
Phone: + 46 46 36 65 00
Website: www.alfalaval.com