Alfa Laval AB
ALFA: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| zMD | LOCK|Wb | LOCK|JcHlss^ |
Alfa Laval Earnings: A Margin Beat in a Noisy Quarter; Shares Overvalued
Alfa Laval posted first-quarter 2026 adjusted EBITA of SEK 2.9 billion at an 18.1% margin—versus last year's 17.7%—despite a revenue miss driven by fourth-quarter timing spillover and Middle East logistics disruptions. The 1.1 times book/bill signals underlying demand is intact.
