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During the period July 26 - July 30, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 101,970 own shares (ISIN: SE0000695876) as part of the share buyback program initiated by the Board of Directors in order to secure optimized capital structure.
During the period July 19 - July 23, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 109,481 own shares (ISIN: SE0000695876) as part of the share buyback program initiated by the Board of Directors in order to secure optimized capital structure.
Summary
Second quarter
Alfa Laval today announces that Susanne Pahlén Åklundh, President of Alfa Laval's Energy Division, is retiring. She will be succeeded on 1 August 2021 by Thomas Møller, currently President of the company's Business Unit Decanters in the Food & Water Division.
During the period July 12 - July 16, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 120,626 own shares (ISIN: SE0000695876) as part of the share buyback program initiated by the Board of Directors in order to secure optimized capital structure.
During the period July 5 - July 9, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 123,923 own shares (ISIN: SE0000695876) as part of the share buyback program initiated by the Board of Directors in order to secure optimized capital structure.
In September, Alfa Laval will open a completely new service centre in Frechen, Germany, which will be one of the largest for plate heat exchangers in the world. In addition, it is also a technically advanced and sustainable facility, capable of recycling almost 100 percent of its water. It will serve customers in Germany, France, and the Benelux countries.
Alfa Laval has acquired a minority stake in the Netherlands-based technology company Marine Performance Systems. Its innovative air lubrication technology significantly reduces ships' friction when sailing, resulting in fuel savings. The patented solution can be installed on vessels of any size or fuel type and is also suitable for retrofit. The signing and closing date was 8 July 2021.
During the period June 28 - July 2, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 132,500 own shares (ISIN: SE0000695876) as part of the share buyback program initiated by the Board of Directors in order to secure optimized capital structure.
Alfa Laval has won an order to supply heat exchangers to one of the largest copper and nickel producers in Russia. The heat exchangers will recover heat from the smelting process and reuse it for heating purposes. The project is part of the producer's sustainability program supporting Russia's National Clean Air initiative.
The order comprises compact heat exchangers which will be used for sulphuric acid cooling. The heat that is recovered and reused amounts to 150 MW. The energy-efficient process will also enable a 45 percent decrease in emissions from the plant.
