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

Q3 2019 Alfa Laval AB Earnings Call Transcript

Oct 24, 2019 / 06:30AM GMT
Release Date Price: €20.63 (+7.78%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Alfa Laval Q3 earnings call. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday, 24 October 2019.

I would now like to hand the conference over to your first speaker today, Tom Erixon. Thank you. Please go ahead.

Tom Erixon;publ;President;CEO
Alfa Laval AB

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Thank you. Good morning to everybody, and welcome to the call. We are going to follow the normal procedures, so I'll start with a couple of intro comments and then Jan and myself will go through the presentation basic.

First, let me back off from the call [report] a bit and just observe that we are now at the end of a 3 year program that was launched in the beginning of 2017. And it included a significant effort related to renewal of the product programs, rebuilding of our manufacturing infrastructure, and a host of other activities; with a main objective to drive the organic growth in the company. And I think this quarterly

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