ALFVY - A Tug Of War With Alfa Laval Between Weak Sentiment And Post-Peak Growth
The market definitely didn’t like Alfa Laval’s (ALFVY) fourth quarter earnings, and particularly the parts of the call where management said things like first quarter demand being “somewhat higher” than the fourth quarter and that demand was “nearing the peak” for the cycle. Although Alfa shares are up slightly from my last update on the company, the shares lost about 10% of their value in the immediate aftermath of the fourth quarter report and have since recovered about half of that.
Operationally, I like Alfa Laval. I think this is a well-run