Swedish manufacturer Alfa Laval reported sales for 2018 of SEK 40.7 billion (US$4.4 billion), up 15% over sales in 2017. Profit rose 52% to SEK 4.5 billion (US$0.5 billion).
For the fourth quarter, sales were SEK 11.2 billion (US$1.2 billion), up 11% in a year-over-year comparison. Profit for the period rose 22% to SEK 1.3 billion (US$0.1 billion).
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The company reported an operating loss of $115.8 million.
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For the first six months sales decreased 5% to $8.3 billion.