1987 – Year of the shrinking market?
Like most big Swedish multinationals, Alfa-Laval is in a strong financial position. The profitability decline, caused by the agricultural crash of 1984, has been reversed. The stock price has out-paced the general index in Stockholm and the company’s liquid assets exceed Skr 2 billion ($288 million).
“Alfa-Laval has been and is still almost completely self-financing,’ said Bo Andreasson, the company’s finance director. “We have never even had a Swedish bond on our books, nor do we have any plans for investing in Eurobonds.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
