Alfa Laval's 2024 Report: A Blueprint for Sustainable Growth

In the ever-evolving landscape of global industry, few companies have managed to balance innovation, sustainability, and financial acumen as effectively as Alfa Laval. The Swedish engineering giant's annual and sustainability report for 2024, published on April 1, 2025, offers a compelling narrative of a company that is not just adapting to the challenges of the 21st century but actively shaping the future. This report is more than a financial statement; it is a testament to Alfa Laval's commitment to creating lasting positive impact through its pioneering technologies and solutions.



Alfa Laval's journey began 140 years ago, and today, it stands as a global leader in heat transfer, separation, and fluid handling solutions. With customers in 100 countries and over 22,300 employees, the company's reach is vast, but its focus is precise: to help billions of people access energy, food, and clean water while decarbonizing the marine fleet that underpins global trade. This dual mission—meeting immediate needs while addressing long-term sustainability—is the cornerstone of Alfa Laval's strategy.

The 2024 report highlights several key financial metrics that underscore the company's robust performance. Order intake for the year was SEK 74,592 million, an organic increase of 7%, while net sales reached SEK 66,954 million, a 6% increase. These figures are not just numbers; they represent Alfa Laval's ability to innovate and meet the growing demands of a world grappling with resource scarcity and environmental degradation.

Adjusted EBITA for 2024 was SEK 11,089 million, with a margin of 16.6%, up from 16.1% in 2023. This improvement in profitability is a clear indication of Alfa Laval's operational efficiency and its ability to optimize processes. The company's earnings per share (EPS) for 2024 were SEK 17.88, a 16.8% increase from the previous year, reflecting the value generated for shareholders. Cash flow from operating activities was SEK 12,159 million, a 32.5% increase, demonstrating Alfa Laval's strong liquidity and financial health.

Return on capital employed (ROCE) for 2024 was 23.2%, up from 21.0% in 2023, and the net debt to EBITDA ratio was 0.43, down from 0.85. These metrics indicate that Alfa Laval is efficiently using its capital and maintaining a strong balance sheet, positioning it well for future investments and growth.

Alfa Laval's sustainability strategy is divided into four main areas: caring, committed, circularity, and climate. This comprehensive approach reflects the company's understanding that sustainability is not just about reducing carbon emissions but also about creating a more equitable and resilient world. Alfa Laval's commitment to these principles is evident in its partnerships and innovations. For instance, the Alfa Laval Innovation House in Copenhagen supports start-ups focused on sustainability, accelerating the transformation towards a more sustainable business and society.

The company's presence at COP29, the United Nations Climate Change Conference, underscores its dedication to the sustainability agenda. Alfa Laval's scalable solutions are ready to transform vital industries and overcome challenges through strong partnerships and innovative technologies. This proactive approach to sustainability is not just a moral imperative but also a strategic advantage, as it positions Alfa Laval as a leader in a market increasingly focused on environmental responsibility.

However, Alfa Laval's journey is not without challenges. The transition to a more sustainable world requires extensive collaboration between various stakeholders, including governments, industries, and consumers. Alfa Laval's success will depend on its ability to navigate these complexities and continue to innovate in a rapidly changing landscape.

In conclusion, Alfa Laval's 2024 annual and sustainability report is a blueprint for sustainable growth in the 21st century. The company's focus on innovation, efficiency, and sustainability positions it for long-term success in a world grappling with resource scarcity and environmental degradation. As Alfa Laval continues to pioneer positive impact, it serves as a model for other companies seeking to balance profitability with sustainability. The world must choose: cooperation or collapse. Alfa Laval's report offers a roadmap for the former, a path towards a more sustainable and equitable future.