Feb 05, 2025 / 08:00AM GMT
Tom Erixon - Alfa Laval AB - President, Chief Executive Officer
Good morning, and welcome to Alfa Laval's fourth-quarter earnings call and also for the full year. So Fredrik and I, we will give you a run down on the year and the quarter. As always, let me start with a couple of introductory overview comments from the year.
Growth continues strong in the fourth quarter and the full year of '24, ahead of expectations with favorable market conditions in most applications. It was especially good momentum in the short cycle business, in the Food & Water and in Service overall. Now, we enter 2025 with a solid SEK52 billion order book and good momentum on the short cycle side.
The full year '24 margin was at 16.6%, ahead of last year and also slightly above our expectations when we entered the year. Q4 was seasonally a bit weaker but also affected by some one-off charges. The operational cash flow was solid in Q4 with SEK4 billion and the new record level of SEK12 billion for the full year '24. And so consequently, our balance sheet is strong at the moment and supportive of various options
Q4 2024 Alfa Laval AB Earnings Call Transcript
Feb 05, 2025
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