Alfa Laval increases dividend

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Alfa Laval increases dividend
Photo: Johan Nilsson/TT

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The industrial conglomerate Alfa Laval proposes an increased dividend to shareholders of 8.5 kronor per share, compared to 7.5 kronor last year. It was also slightly higher than what the market had previously predicted (on average 7.2 kronor).

The company's profit for the fourth quarter simultaneously increased by 25 percent to 2.8 billion kronor, while the order intake rose by 9 percent to a total of 18.5 billion kronor.

"We expect the demand in the first quarter to be at approximately the same level as in the fourth quarter," writes the company's CEO Tom Erixon in the annual report.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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