Alfa Laval continues to invest in growth and accelerates towards net zero [Yahoo! Finance]
ALFA-LAVAL AB UNSP/ADR (ALFVY)
NASDAQ:AMEX Investor Relations:
alfalaval.com/investors
Company Research
Source: Yahoo! Finance
The company is presenting an update on its strategic priorities, financial targets and investment plans to secure continued growth. As part of the investments, Alfa Laval announces plans to effectively reach its scope 1 and 2 net zero targets by 2027, three years ahead of the originally announced target year. Following years of both organic and inorganic growth at Alfa Laval, coupled with significant investments in expanding production capacity and developing innovative solutions and products for the future, Alfa Laval is today presenting plans to secure further growth through technology and footprint investments. Given the pace of growth in Alfa Laval's key markets, in combination with a strong financial position allowing value accretive inorganic growth opportunities, the current assumption is that Alfa Laval will reach 100 BSEK in annual sales by 2030 at the latest. "We have seen strong growth across our three divisions and during the past years taken action to expand productio
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