Alfa Laval Sees Q3 Demand To Be On Somewhat Lower Level Compared To Q2
July 23 (Reuters) -Alfa Laval AB ALFA.ST:
WE EXPECT DEMAND IN Q3 TO BE ON A SOMEWHAT LOWER LEVEL COMPARED TO Q2
MARKET CONDITIONS ARE EXPECTED TO REMAIN ON A HIGH LEVEL DURING THE THIRD QUARTER.
ENERGY: Q3 IS EXPECTED TO BE BOTTOM OF CYCLE FOR DIVISION EVEN IF HEAT PUMP MARKET MAY TAKE A BIT LONGER TO RECOVER
MARINE: RECOVERY FROM MARGIN PRESSURE DURING LATE 2022 AND FIRST HALF OF 2023 IS NOW COMPLETED
ENERGY: WEAKER BASE BUSINESS AND PROJECT DELAYS, ESPECIALLY IN CLEANTECH, DUE TO INCREASED PROJECT COSTS
Source text for Eikon: ID:nWkr5W1LNW
Further company coverage: ALFA.ST
(Gdansk Newsroom)
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