The engineering company Alfa Laval falls by over 3.8 percent on the Stockholm Stock Exchange after releasing quarterly figures for the first quarter. Both profit before tax and turnover increased slightly for the company compared to the same period last year. However, order intake fell by 3 percent to 16.8 billion kronor.
"The current uncertainty on the market slowed down the pace of final investment decisions during the quarter," says the company's CEO Tom Erixon in the report.
The company also states that demand during the second quarter is expected to remain at the current level.
