Q1 2022 Alfa Laval AB Earnings Call Transcript
Good day, and thank you for standing by. Welcome to the Alfa Laval Q1 Earnings Call. (Operator Instructions) Please be advised today's call is being recorded. I'll now hand the call over to your speaker today, Tom Erixon. Please go ahead.
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Thank you, and welcome to the Q1 earnings call. As always, I'll start with a couple of introductory comments before moving into the presentation.
First, order intake was very strong at SEK 13.3 billion, a new all-time high. Demand was good all over the place. But of course, it was especially firm in the Food & Water division with an exceptional organic growth rate of 40% in the quarter.
Margins were overall stable on a group level at just above 17% despite some variations between divisions. As indicated in previous quarters, the operating environment is complex and some quarterly volatility is to be expected. And indeed, we had some of that volatility on the divisional level in Q1.
Finally, as
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