date:Jul 19, 2012
Alfa Lavel said the drop in net income was due to a negative mix effect, lower utilisation in certain factories and integration costs associated with the acquisition of Aalborg Industries.
The Swedish company reported that net sales for Q2 totalled SEK 7.81bn, compared with SEK 7.03bn last year and order intake was SEK 7.9bn, up 6% compared to the corresponding quarter in 2011.
The sanitary section of the equipment division showed continued growth compared to the previous quarter, due tostrong