Alfa Laval AB (STU:AA9)
€ 40.94 -0.5 (-1.21%) Market Cap: 17.11 Bil Enterprise Value: 17.92 Bil PE Ratio: 29.57 PB Ratio: 4.87 GF Score: 94/100
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Q2 2019 Alfa Laval AB Earnings Call Transcript

Jul 17, 2019 / 11:00AM GMT
Release Date Price: €17.82 (-7.72%)
Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Alfa Laval Q2 Earnings Conference Call. (Operator Instructions)

I must advise you that this conference is being recorded today, Wednesday, the 17th of July 2019. And I would now like to hand the conference over to your first speaker today, Mr. Tom Erixon. Thank you. Please go ahead.

Tom Erixon;publ;President;CEO
Alfa Laval AB

()-&

So good afternoon, everybody, and welcome to second quarter earnings call. Let me as always start with a few introductory comments and then Jan Allde and myself will go through the presentation material for the call.

So in most aspects, we felt we had a solid and a good quarter in the second one. We recorded both invoicing and earnings on a record level for the quarter based on a strong order backlog. We had specifically a good growth in the Service orders, which grew approximately 11%, which is an unusually high number for us in the Service area.

In terms of the order

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