Alfa Laval is experiencing increasing activity in oil & gas and offshore.
”Demand in important end markets strengthened in the first quarter compared to the fourth quarter 2017. Improved activity in upstream oil and gas, on shore, as well as in the off-shore sector contributed to both Energy and Marine reporting a somewhat better order intake than we had expected.”, says Tom Erixon, President and CEO in Alfa Laval in the report for first quarter 2018.
Alfa Laval´s business is divided into three divisions covering Energy, Food&Water, and Marine. In 2014, Framo became part of Alfa Laval's Marine Division. Combined for the three divisions, order intake in first quarter came in at just above SEK 10 billion.
Outlook for the second quarter is positive.
“We expect that demand during the second quarter 2018 will be on the same level as in the first quarter”, says Erixon.